Whitney Manor Apartments

3081 St Charles Drive, Memphis TN 38127

The Offering

Summary

Price $3,650,000
Price per Unit $38,020
Number of units 96
Gross Sq Ft 79,680
Year Built/Renovated 1968/2023
Number of Buildings 10
Number of Stories 2
Land Area 6.82 acres

Whitney Manor Apartments

Current ownership has invested millions in property improvements. Renovations include: 3 new roofs, 75 new AC units, W/D connections in 80 units, new plumbing in 70 units. 68 of the 96 units have been completely renovated including appliances, flooring, cabinets, countertops, and bathrooms. 17 of the 96 units are turnover units requiring light work to be rent ready. 11 of the 96 units need full renovations. The Property is currently 64% occupied.

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Team

David Dorris

Broker

Woodyard Realty Corp.

TN 337438
MS S-55883
AR SA00100084

Mobile 901.570-6713
Office 901.767.1998

david@woodyardrealty.com

Bryan Sisk

Broker

Woodyard Realty Corp.

TN 330010
MS S-55772

Mobile 901.340.7475
Office 901.767.1998

bryan@woodyardrealty.com