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Updated almost 12 years ago on . Most recent reply

User Stats

389
Posts
132
Votes
Melodee Lucido
  • Real Estate Investor
  • Oregon
132
Votes |
389
Posts

Memphis Apartments Redevelopment Question

Melodee Lucido
  • Real Estate Investor
  • Oregon
Posted

My property finders have been bringing me all kinds of great properties and they go quickly; but I don't know how to go about finding someone that might be interested in a 398 unit complete rehab/redevelopment in Memphis.

It's in a decent area and completely vacant after being abandoned back in 2009. It used to be a lovely complex. I thought about putting it here on BP but don't know if it's a killer deal. I don't know if the price is fair for such a huge undertaking--a lot of unknowns on a whale like this.

This isn't my regular niche but I am intrigued at the thought of working with apartments. I am hoping I put this post in the right category. Any input would be much appreciated. Thank you.

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