Log In/Sign Up
Your email has been sent.
Idlewild 45 45 S Idlewild 122 Unit Apartment Building For Sale Memphis, TN 38104
Investment Highlights
- Prime Midtown Memphis location near major employers and cultural districts.
- Close to Downtown, Medical District, and major lifestyle destinations.
- Significant upside potential through occupancy and rent growth.
- Recently renovated with high-end finishes and modern amenities.
- Lender-owned with below-market debt options.
Executive Summary
Idlewild 45 is a 10-story luxury apartment community located in Midtown Memphis, one block from Union Avenue, providing excellent connectivity to Downtown, the Medical District, and major employment hubs. The property recently underwent a multi-million-dollar renovation, featuring luxury finishes, walk-in closets, balconies, and modern amenities.
Amenities include a resort-style pool, dog park and wash station, 24-hour fitness center, yoga room, business center, sundeck, coffee and tea bar, and a billiards room. The property is gated with controlled access and offers a low-maintenance investment opportunity with minimal immediate capex needs.
The asset is lender-owned and offered at a steep discount to replacement cost, with seller financing and creative debt options available.
Amenities include a resort-style pool, dog park and wash station, 24-hour fitness center, yoga room, business center, sundeck, coffee and tea bar, and a billiards room. The property is gated with controlled access and offers a low-maintenance investment opportunity with minimal immediate capex needs.
The asset is lender-owned and offered at a steep discount to replacement cost, with seller financing and creative debt options available.
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Lot Size | 1.69 AC |
| No. Units | 122 | Building Size | 81,509 SF |
| Property Type | Multifamily | Average Occupancy | 61% |
| Property Subtype | Apartment | No. Stories | 10 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1966/2022 |
| Building Class | B | Parking Ratio | 1.59/1,000 SF |
| Zoning | RMH | ||
| Sale Type | Investment |
| No. Units | 122 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.69 AC |
| Building Size | 81,509 SF |
| Average Occupancy | 61% |
| No. Stories | 10 |
| Year Built/Renovated | 1966/2022 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | RMH |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- High Speed Internet Access
- Refrigerator
- Walk-In Closets
Site Amenities
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Breakfast/Coffee Concierge
- Recycling
- Elevator
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 23 | - | 361 - 469 |
| 1+1 | 62 | - | 585 - 684 |
| 2+1 | 5 | - | 790 |
| 2+2 | 32 | - | 790 - 912 |
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 01-7046-0-0007C | Improvements Assessment | $4,916,763 CAD |
| Land Assessment | $354,300 CAD | Total Assessment | $5,271,062 CAD |
Property Taxes
Parcel Number
01-7046-0-0007C
Land Assessment
$354,300 CAD
Improvements Assessment
$4,916,763 CAD
Total Assessment
$5,271,062 CAD
1 of 43
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Idlewild 45 | 45 S Idlewild
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.