The Pauline Place apartment community at 347 S Pauline Street in Memphis provides a turnkey multifamily investment with significant operational upside in the Medical District neighborhood.
Pauline Place comprises seven apartments across 5,100 square feet on two floors. The building was constructed in 1965 and provides quality features, including on-site parking, professional landscaping, and prominent signage with brand exposure to more than 4,000 daily vehicles.
Pauline Place’s exceptional location is easily accessible, sitting just off Interstate 69 between Highway 78 and 51. These vital corridors connect the property to Downtown Memphis in less than 10 minutes. Residents enjoys easy access to the city’s most popular attractions, including Beale Street, the Orpheum Theatre, the Memphis Rock n’ Soul Museum, the Cannon Center for the Performing Arts, FedEx Forum, and AutoZone Park. Proximity to the city’s largest employment centers makes Pauline Place an attractive option for the area’s commuting professionals. Workers employed at the Le Bonheur and Baptist Memorial healthcare systems, the Memphis International Airport, and the global headquarters for AutoZone, FedEx, and First Horizon National Corporation will be perfectly situated at Pauline Place.