Idlewild 45 is a 10-story luxury apartment community located in Midtown Memphis, one block from Union Avenue, providing excellent connectivity to Downtown, the Medical District, and major employment hubs. The property recently underwent a multi-million-dollar renovation, featuring luxury finishes, walk-in closets, balconies, and modern amenities.
Amenities include a resort-style pool, dog park and wash station, 24-hour fitness center, yoga room, business center, sundeck, coffee and tea bar, and a billiards room. The property is gated with controlled access and offers a low-maintenance investment opportunity with minimal immediate capex needs.
The asset is lender-owned and offered at a steep discount to replacement cost, with seller financing and creative debt options available.