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Commons at Brentwood
2853 Waverly Avenue, Memphis, TN, USA
Under Contract
$6,000,000.00
Property Description
Braden, Braden, & Braden presents Commons at Brentwood; this 80-unit apartment complex is an investor's ideal value add opportunity. Currently, this LIHTC property is operating with rental rates below the current market rates. The property is also not up to date which allows for an investor to create more value to the property once purchased. This property has a lot of upside being just minutes away from the Liberty Bowl and upcoming Liberty Park that has started its development process this year. The Liberty Park will consist of a sports and event center that will bring more families, businesses, and money to the city of Memphis and surrounding areas alike.
Contact Agent
Curtis Braden
(901) 881-2070 | (901) 301-3691
Property Details
Asset Type
Multifamily
Year Built
2002
Size
85,322 SF
Documents
There is not an available document at this time. Please contact the agent or check back at a later date.
Property Location
2853 Waverly Avenue, Memphis, TN, USA
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