141 Manassas St - Apartments FOR SALE


Memphis, TN 38105- Winchester Park
$14,675,000 USD
901-767-1998
141 Manassas St, Memphis, TN for Sale
$14,675,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

141 Manassas St
Memphis, TN 38105
Winchester Park


OVERVIEW

The Helix at the District Apartments comprises two modern high-rise buildings (one 11-story and one 10-story) with 200 residential units—a mix of studios, one-, two-, and three-bedroom apartments—plus three ground-floor retail suites. The property occupies a high-visibility location in the heart of the Memphis Medical District, strategically positioned between Midtown and Downtown. Surrounded by some of Memphis’s largest employment anchors, The Helix sits within walking distance of St. Jude Children’s Research Hospital, Le Bonheur Children’s Hospital, Regional One Health, and the University of Tennessee Health Science Center (UTHSC). Collectively, these institutions—along with nearby educational and research facilities—employ more than 112,000 professionals across healthcare, research, and technology sectors. This central location also provides immediate access to major retailers such as Kroger, Home Depot, CVS, and Walgreens, offering both residents and visitors daily-needs convenience. Its surrounding mix of healthcare, academic, and retail demand makes the Helix ideally suited for multifamily, office, or live-work re-use opportunities within one of Memphis’s most dynamic growth corridors.

FOR SALE DETAILS

PRICE

$14,675,000 USD

PRICE/SF

$99 USD /SF

# OF UNITS

200

PRICE/UNIT

$73,375

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Helix at The District

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

10

YEAR BUILT

1962

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,902 SF

ZONING

RU-4

APN/PARCEL ID

02-3024-0-0003C

ASK ABOUT THIS PROPERTY

Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

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Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.