Log In/Sign Up
Your email has been sent.
Crane Manor 2295 Candlewyck Cir 237 Unit Apartment Building $6,374,160 CAD ($26,895 CAD/Unit) Memphis, TN 38114
Investment Highlights
- Exceptional HIGH value-add opportunity with significant upside through lease-up, modernization, and operational improvements.
Executive Summary
2271 Airways sits in one of Memphis’ highest-traffic commercial areas, surrounded by national retailers, logistics hubs, and steady neighborhood demand. The property is currently 25% occupied, giving incoming investors or owner-operators a rare chance to reposition the asset, stabilize rents, and capture significant upside. With flexible floor plans, strong visibility, and immediate access to major expressways this location is primed for lease-up, redevelopment, or a value-add strategy that turns underutilized space into long-term cash flow.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Refrigerator
- Oven
- Range
Site Amenities
- Property Manager on Site
- Security System
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 80 | $1,062 CAD | 550 |
| 2+1.5 | 10 | $1,558 CAD | 1,088 |
| 2+2 | 88 | $1,328 CAD | 795 |
| 2+1 | 59 | $1,257 CAD | 610 - 795 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 06-0092-0-0020C | Improvements Assessment | $1,489,910 CAD |
| Land Assessment | $443,132 CAD | Total Assessment | $1,933,042 CAD |
Property Taxes
Parcel Number
06-0092-0-0020C
Land Assessment
$443,132 CAD
Improvements Assessment
$1,489,910 CAD
Total Assessment
$1,933,042 CAD
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Crane Manor | 2295 Candlewyck Cir
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.