Woodtrail Apartments offers a compelling multifamily investment opportunity located in a federally designated Opportunity Zone, just steps from the University of Memphis. This 1- and 2-bedroom townhome-style community features spacious floor plans with private balconies or patios, and has recently undergone key upgrades that position it for long-term value appreciation. In 2022-2024, significant capital improvements were completed, including: New luxury vinyl tile (LVT) flooring Updated appliances and fresh paint Installation of double-pane insulated windows on all ground-level units Each unit is equipped with washer/dryer connections, enhancing convenience and tenant appeal. The property's townhome layout, private outdoor spaces, and walkability to a major university make it attractive to both students and long-term renters. With physical upgrades already in place and the added benefit of Opportunity Zone tax incentives, the property presents investors with a rare blend of stability, upside potential, and strategic location in one of Memphis’s most consistently performing rental corridors. Lender has preapproved the property for a loan! See document portal on property website for details.