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Whitney Manor Apartments

1520 Whitney Avenue, Memphis, TN, USA
Active
4,900,000.00
Property Description

PRICE REDUCED! 


We are pleased to present Whitney Manor Apartments, a premier

value-add investment opportunity comprising 96 units. Currently,

approximately 70 of these units have been fully renovated, 25 are easy turns and 1 needing a total rehab, with the

property operating at about 65% occupancy. This presents an

exceptional chance for a savvy multifamily investor to capitalize on

the potential for increased cash flow and property appreciation.


Whitney Manor is strategically located within walking distance of

local schools and a community center, making it an attractive

choice for families seeking spacious, comfortable housing in a

vibrant community. The property boasts ample off-street parking,

enhancing its appeal to prospective tenants.

With a strong unit mix predominantly featuring two-bedroom

apartments, along with several three-bedroom and only two onebedroom units, Whitney Manor is well-positioned to meet the

demand for family-oriented housing.


Upon completion of the remaining renovations, we anticipate a swift

lease-up period that will significantly enhance rental income,

thereby maximizing investor returns. This is an incredible

opportunity to invest in a property with solid fundamentals and

substantial upside potential. Don’t miss your chance to be part of

Whitney Manor’s promising future.

Contact Agent

Curtis Braden

(901) 881-2070 | (901) 301-3691

Property Details
Asset Type

Multifamily

Year Built

1968

Size

72,480 SF

Documents
There is not an available document at this time. Please contact the agent or check back at a later date.
Property Location
1520 Whitney Avenue, Memphis, TN, USA

© 2035 by Braden, Braden & Braden LLC.

 Braden, Braden & Braden LLC

3355 Poplar Avenue, Suite 100

Memphis, TN 38111

(901) 881-2070

(901) 881-2088 (f)

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