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Walden Pointe 4168 The Place St 379 Unit Apartment Building $41,877,601 CAD ($110,495 CAD/Unit) Memphis, TN 38128

Matterport 3D Tour

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INVESTMENT HIGHLIGHTS

  • A 379-unit garden-style community boasting 98% occupancy in the thriving Memphis rental market.
  • Features swimming pools, sports courts, and a clubhouse for an elevated living experience.
  • Consistent income stability and tenant retention in a well-maintained, Class B asset.
  • Offers a balanced selection of 1-, 2-, and 3-bedroom floor plans designed for broad tenant appeal.
  • Exceptional connectivity with seamless access to I-240, ensuring strong long-term demand.
  • Positioned in a stable market with sustained appreciation and reliable returns.

EXECUTIVE SUMMARY

Walden Pointe Apartments
379-Unit Multifamily Investment in Stratgeic Memphis Location!
This well-maintained multifamily property, comprising 379 units, offers investors reliable returns within a stable Memphis rental market.
Featuring a diverse mix of 1, 2, and 3-bedroom units, Walden Pointe provides comfortable living with desirable amenities, including swimming pools, sports courts, and a community clubhouse.
Its strategic location, providing seamless access to I-240, ensures exceptional connectivity and long-term tenant appeal, solidifying its position as a cornerstone investment in the Memphis market.
$79,000 per unit
NO financials.

MATTERPORT 3D TOUR

1BR, 1BA - 650SF

PROPERTY FACTS

Price $41,877,601 CAD
Price Per Unit $110,495 CAD
Sale Type Investment
No. Units 379
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 26.00 AC
Building Size 421,496 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1972/2022
Parking Ratio 2.04/1,000 SF
Zoning R-ML

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Security System
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Patio
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Courtyard
  • Playground
  • Pool
  • Security System
  • Tennis Court
  • Basketball Court

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 172 - 850 - 1,250
2+1 72 - 850 - 900
1+1 113 - 650 - 700
3+2 10 - 1,680
3+2.5 4 - 1,200
2+2.5 8 - 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 08-4023-0-0024
  • 08-4023-0-0025C
  • 08-4023-0-0022C
  • 08-4023-0-0015C
Land Assessment
$1,676,345 CAD
Improvements Assessment
$1,353,089 CAD
Total Assessment
$3,029,435 CAD
  • Listing ID: 34874918

  • Date on Market: 2025-02-19

  • Last Updated:

  • Address: 4168 The Place St, Memphis, TN 38128

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