Memphis Multifamily property
I'm looking to buy a mid size multi property.
Is there any multifamily investors on here that can help me determine if a property is in a good area? Looking at a distressed property in the Cooper Young area on north side of southern ave.
What are the rents like for this area for a high end unit 2/1, 1/1?
Would love some guidance on that area specifically.
I've already read through most of the memphis threads on here- and understand it can be a tough market.
I've also talked to multiple PMs, and looked at the avg. rents.