Multifamily Land for 300+ unit apartment development

[Chris Watkins]

Price: $1,800,000

Terms: Cash, Owner Financing, JV, Trade, flexible for the right offer

Rare Multi-Family development opportunity in Memphis TN. 11.85 Acres Zoned RU-3. Previously had 250+ MF units on this property (can build 300-400 units based on current zoning). Drives, parking, utilities are all in place. Located near major roads, public transportation, schools, established residential areas as well as employment.

Loopnet Listing: https://www.loopnet.com/Listing/1221-S-Willett-St-...