OFFERS DUE 8/23! Available as a portfolio or separately

4-Asset Class A Multifamily Portfolio

Downtown Memphis, TN 38103

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The Offering

Principals Only

4-Asset Class A- Multifamily Portfolio in Downtown Memphis

121 Units

Operational Value-Add Play + Immediate Scale

Offered at 60% of Replacement Value

Occupancy Nearly Stabilized & Rising at 83%+

436 S. Front, 345/347 S. Front and 60 S Main Street, Memphis, TN 38103

Portfolio Price

$14,525,000 or $120,000/Unit ONLY!

Estimated cost if built new today, $200,000 per unit.

AVAILABLE AS PORTFOLIO OR INDIVIDUALLY, including:

The Cabinet Shop Apartments [28 Units] UNDER CONTRACT $3,650,000 - $130,000/Unit

Printer’s Alley & Annex Lofts [51 Units] $5,750,000 - $112,000/Unit [Sold Together]

The Washburn [42 Units] $5,125,000 - $122,000/Unit

Virtual tours for each property can be viewed under the individual property websites.

INVESTMENT HIGHLIGHTS

Attractive Basis - $80,000 per Unit Below Replacement Cost

No Heavy Lifting - Contemporary Loft Residences with Modern Urban Finishes in Well-maintained Condition. Competitively positioned in Market.

Untapped Potential via Operational Improvements, Amenity and Technology Upgrades aimed at Reducing Vacancy

Fantastic Workforce Location – Surrounded By Region’s Largest Employers

Unique Opportunity To Obtain Immediate Scale with 121 Units

Offered Free & Clear of Existing Debt

LOCATION HIGHLIGHTS

Lifestyle Location - Downtown Memphis convenience in a Live Work Play environment convenient to the city’s premier employment anchors.

Battery Belt and AI Tech Hub – Recent advanced manufacturing and high-tech AI projects within 45 minutes of Memphis have eclipsed $13 billion in investment, and are projected to add 9,000 direct jobs to the MSA. These capital investments involve corporate giants including Ford Motor, Musk Companies, Daimler Truck among others.

OFFERING PROCEDURE

Offers may be submitted along with Proof of Funds and a Resume at any point during the marketing process. A deadline for offers may be established at a later date.

Listing Agent

Lea Heilig

Woodyard Realty Corp.

901-767.1998

lea@woodyardrealty.com