Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
Hollywood Square 170 N Hollywood St Immeuble residentiel 52 lots 4 994 454 € (96 047 €/Lot) Memphis, TN 38112
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Turnkey Class A Renovation I 2020 Exhaustive Rehab
- Visit our dedicated listing page for more information and financials
- OM available in data room
Résumé analytique
Turnkey Class A Renovation I 2020 Exhaustive Rehab
52 Residences
Midtown I Memphis MSA
Opportunity Zone | Offered Below Replacement Cost
$5,700,000 | $109K/Unit
Proforma NOI: $401,000 | Proforma Cap: 7.0%
Hollywood Square is a renovated 52-unit multifamily community in Midtown Memphis. Renovated in 2020, the property offers investors a turnkey opportunity at a price well below replacement cost and prior ownership basis, with additional upside through operational efficiencies and expense optimization.
Located between the Medical District, Downtown, and East Memphis, the property features modernized interiors, upgraded building systems, controlled-access parking, and convenient access to Midtown’s top dining, entertainment, and employment centers. Since renovation, Hollywood Square has maintained strong renter demand and stable 90%+ occupancy.
Investment Highlights
Turnkey 2020 Renovation — Comprehensive 2020 rehab minimizes near-term capital expenditures
Basis Below Replacement Cost — Offered below prior ownership basis (- ~20%) and current replacement cost
Operational Upside — Underwritten on historical revenue with proven occupancy and operational restructuring supporting achievable NOI growth
Modern Interiors — All new kitchens and baths, quartz countertops, stainless appliances, in-unit washer/dryers
Midtown Infill Location — Centrally located between the Medical District, Downtown, and East Memphis employment corridors
Proven Renter Acceptance Post-Renovation — Originally well received following renovation with durable renter appeal and historically stable 90%+ occupancy
Opportunity Zone — OZ designation offering potential tax advantages for qualifying investors
Emerging Macro Tailwinds — Long-term demand supported by St. Jude expansion, Medical District investment, and growing AI/data infrastructure activity throughout Memphis
Continued Reinvestment in Immediate Micro-Location — Ongoing reinvestment within the surrounding corridor may create future opportunities to expand operational scale through additional multifamily acquisitions
Details Available Upon Request.
52 Residences
Midtown I Memphis MSA
Opportunity Zone | Offered Below Replacement Cost
$5,700,000 | $109K/Unit
Proforma NOI: $401,000 | Proforma Cap: 7.0%
Hollywood Square is a renovated 52-unit multifamily community in Midtown Memphis. Renovated in 2020, the property offers investors a turnkey opportunity at a price well below replacement cost and prior ownership basis, with additional upside through operational efficiencies and expense optimization.
Located between the Medical District, Downtown, and East Memphis, the property features modernized interiors, upgraded building systems, controlled-access parking, and convenient access to Midtown’s top dining, entertainment, and employment centers. Since renovation, Hollywood Square has maintained strong renter demand and stable 90%+ occupancy.
Investment Highlights
Turnkey 2020 Renovation — Comprehensive 2020 rehab minimizes near-term capital expenditures
Basis Below Replacement Cost — Offered below prior ownership basis (- ~20%) and current replacement cost
Operational Upside — Underwritten on historical revenue with proven occupancy and operational restructuring supporting achievable NOI growth
Modern Interiors — All new kitchens and baths, quartz countertops, stainless appliances, in-unit washer/dryers
Midtown Infill Location — Centrally located between the Medical District, Downtown, and East Memphis employment corridors
Proven Renter Acceptance Post-Renovation — Originally well received following renovation with durable renter appeal and historically stable 90%+ occupancy
Opportunity Zone — OZ designation offering potential tax advantages for qualifying investors
Emerging Macro Tailwinds — Long-term demand supported by St. Jude expansion, Medical District investment, and growing AI/data infrastructure activity throughout Memphis
Continued Reinvestment in Immediate Micro-Location — Ongoing reinvestment within the surrounding corridor may create future opportunities to expand operational scale through additional multifamily acquisitions
Details Available Upon Request.
Data room Cliquez ici pour accéder à
- Offering Memorandum
Informations sur l’immeuble
| Prix | 4 994 454 € | Surface du lot | 1,22 ha |
| Prix par lot | 96 047 € | Surface de l’immeuble | 5 124 m² |
| Type de vente | Investissement | Occupation moyenne | 92% |
| Nb de lots | 52 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction/rénovation | 1952/2002 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,17/1 000 m² |
| Style d’appartement | Avec jardin | Zone de développement économique [USA] |
Oui
|
| Classe d’immeuble | C | ||
| Zonage | RMM | ||
| Prix | 4 994 454 € |
| Prix par lot | 96 047 € |
| Type de vente | Investissement |
| Nb de lots | 52 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 1,22 ha |
| Surface de l’immeuble | 5 124 m² |
| Occupation moyenne | 92% |
| Nb d’étages | 2 |
| Année de construction/rénovation | 1952/2002 |
| Ratio de stationnement | 0,17/1 000 m² |
| Zone de développement économique [USA] |
Oui |
| Zonage | RMM |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Cuisine
- Réfrigérateur
- Four
- Cuisinière
- Baignoire/Douche
- Moquette
- Accessible aux fauteuils roulants (chambres)
Caractéristiques du site
- Accès 24 h/24
- Accès contrôlé
- Terrain clôturé
- Laverie
- CVC contrôlé par l’occupant
- Clôturé
- Détecteur de fumée
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 2+1 | 32 | - | 93 |
| 2+2 | 4 | - | 111 |
| 3+1 | 16 | - | 111 |
1 1
Moyennement praticable à pied
60/100
Très bien adapté aux voitures
80/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Taxes foncières
| Numéro de parcelle | 03-3012-0-0025 | Évaluation des aménagements | 832 059 € |
| Évaluation du terrain | 229 500 € | Évaluation totale | 1 061 558 € |
Taxes foncières
Numéro de parcelle
03-3012-0-0025
Évaluation du terrain
229 500 €
Évaluation des aménagements
832 059 €
Évaluation totale
1 061 558 €
1 sur 64
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Hollywood Square | 170 N Hollywood St
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.