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Faits saillants de l'investissement
- Located at 138 Huling Avenue, the Museum Lofts 68-unit apartment building is a modern, 2020-build with stylish finishes and large windows.
- Secure parking and convenient on-site amenities for residents continue to contribute to the asset’s strong renter demand in a prime urban location.
- Across from the National Civil Rights Museum in the lively South Main district, within walking distance to restaurants, shops, and attractions.
- Close to Downtown Memphis jobs, the Medical District, and the University of Memphis (7 miles), attracting quality renters in the area.
Résumé de l'annonce
Welcome to the Museum Lofts at 138 Huling Avenue in Memphis, Tennessee, a 68-unit apartment building comprising 65 one-bed/two-bath units and 3 two-bed/two-bath units.
With an average occupancy of 96%, the Museum Lofts are a stable investment asset that has well served the rental demand in the South Main neighborhood of Memphis since its delivery in 2020. Unit features include modern finishes throughout, such as granite countertops, stainless steel appliances, an island, and eat-in kitchen spaces, walk-in closets, and scenic patios. Community amenities include a fitness center, controlled key-fob access, bicycle storage, a tenant lounge, and storage space.
South Main is known as Memphis’s Historic Arts District and is described as a true neighborhood. Creative art galleries, local cafes, and beloved restaurants line the streets of South Main, contributing to the vibrant lifestyle outside of Downtown Memphis. The Memphis Area Transit Authority (MATA) operates the trolley and buses, and Amtrak serves Memphis Central Station. Memphis International Airport is about 12.5 miles south.?
5-mile demographics confirm a growing population of 129,816 residents with an average household income of about $70,000. Approximately 64% of households are renter-occupied, and 74% are one- and two-person occupied, signifying strong demand for small rental units in the immediate area.
Don’t miss the opportunity to acquire a stabilized, cash-flowing, well-maintained modern complex building with strong occupancy in the Memphis metro. Inquire today to learn more.
With an average occupancy of 96%, the Museum Lofts are a stable investment asset that has well served the rental demand in the South Main neighborhood of Memphis since its delivery in 2020. Unit features include modern finishes throughout, such as granite countertops, stainless steel appliances, an island, and eat-in kitchen spaces, walk-in closets, and scenic patios. Community amenities include a fitness center, controlled key-fob access, bicycle storage, a tenant lounge, and storage space.
South Main is known as Memphis’s Historic Arts District and is described as a true neighborhood. Creative art galleries, local cafes, and beloved restaurants line the streets of South Main, contributing to the vibrant lifestyle outside of Downtown Memphis. The Memphis Area Transit Authority (MATA) operates the trolley and buses, and Amtrak serves Memphis Central Station. Memphis International Airport is about 12.5 miles south.?
5-mile demographics confirm a growing population of 129,816 residents with an average household income of about $70,000. Approximately 64% of households are renter-occupied, and 74% are one- and two-person occupied, signifying strong demand for small rental units in the immediate area.
Don’t miss the opportunity to acquire a stabilized, cash-flowing, well-maintained modern complex building with strong occupancy in the Memphis metro. Inquire today to learn more.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 0,60 AC |
| Nombre d’unités | 68 | Taille du bâtiment | 76 445 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 96% |
| Sous-type de propriété | Appartement | Nombre d’étages | 3 |
| Style d’appartement | De faible hauteur | Année de construction | 2020 |
| Classe d’immeuble | B | ||
| Zonage | SM - Usage mixte spécial | ||
| Type de vente | Investissement |
| Nombre d’unités | 68 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,60 AC |
| Taille du bâtiment | 76 445 pi² |
| Occupation moyenne | 96% |
| Nombre d’étages | 3 |
| Année de construction | 2020 |
| Zonage | SM - Usage mixte spécial |
Commodités
Commodités des unités
- Prêt pour le câble
- Laveuse/Sécheuse
- Cuisine
- Comptoirs de granit
- Réfrigérateur
- Four
- Électroménagers en acier inoxydable
- Fourchette
- Bain/Douche
- Walk-in
Commodités du site
- Accès 24 heures
- Accès contrôlé
- Cour
- Centre de conditionnement physique
- Lounge
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 65 | - | 482 - 830 |
| 2+2 | 3 | - | 1 263 |
Moyennement accessible à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun relativement accessibles
50/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 16 493 510 $ CAD | |
| Évaluation du terrain | 462 680 $ CAD | Évaluation totale | 16 956 190 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
462 680 $ CAD
Évaluation des bâtiments
16 493 510 $ CAD
Évaluation totale
16 956 190 $ CAD
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Museum Lofts | 138 Huling Ave
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