1744 N Graham is a 22-unit multifamily asset located in the heart of Berclair, one of Memphis’s most active and steadily improving submarkets. The property consists of 20 two-bedroom units and 2 one-bedroom units and is currently operating at 95% occupancy, offering a stable, in-place cash flowing investment.
Extensive renovations have already been completed, including updated plumbing, new appliances, exterior improvements, roofing enhancements, and upgraded window units, significantly reducing near-term capital expenditure needs. With the majority of the heavy lifting done, this presents a rare opportunity to acquire a stabilized asset without the operational burden typically associated with value-add deals.
The property still offers meaningful rent upside through continued optimization and market alignment, allowing an investor to benefit from both strong current cash flow and future growth.
Strategically located near I-40, Poplar Avenue, and the University of Memphis, the asset benefits from consistent rental demand driven by affordability and central access.
Please reach out to Dylan Patel at (901) 826-8712 for further information.