901-340-7475
45 S Idlewild, Memphis, TN for Sale
Apartments - FOR SALE
1/42
null | Request Cap Rate

45 S Idlewild
Memphis, TN 38104
Midtown Memphis


HIGHLIGHTS

  • Prime Midtown Memphis location near major employers and cultural districts.
  • Recently renovated with high-end finishes and modern amenities.
  • Close to Downtown, Medical District, and major lifestyle destinations.
  • Lender-owned with below-market debt options.
  • Significant upside potential through occupancy and rent growth.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

122

CAP RATE

Request Cap Rate

% LEASED

61%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Idlewild 45

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

10

YEAR BUILT

1966

PARKING SPACES

130

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

RMH

APN/PARCEL ID

01-7046-0-0007C

ASK ABOUT THIS PROPERTY

Bryan SiskWoodyard Realty CorporationMore Info
901-340-7475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Bryan SiskWoodyard Realty CorporationMore Info
901-340-7475

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.