Spring Court is 32 spacious townhomes near thousands of jobs with easy access via I-40 to the entire Memphis MSA. The property was built in 1974 and features two and three-bedroom townhome floorplans with central heat and air, washer/dryers and private patios. Spring Court is lender owned and provides investors the opportunity to acquire a property at an attractive basis far below replacement costs with tremendous upside. Current occupancy is approximately 50% and provides income while a new operator addresses the conditional upgrades that are needed to push rents and occupancy to market rates.