St - Apartment Association of Memphis
Transcription
St - Apartment Association of Memphis
Introduction The Apartment Association of Greater Memphis Board of Directors is pleased to present the 1st Edition of The Source for 2011. We appreciate the information provided by our Membership and we would like to recognize the dedicated contribution by our Membership to make this annual project possible and extend great thanks for their continued The Source utilizes the resources and feedback of our Membership to provide the most comprehensive summary of key data and performance metrics for the area. Now in its fifth year,The Source includes data from 277 apartment communities totaling over 64,000 units. support. We appreciate your interest in AAGM and hope this year’s edition of The Source will serve as a helpful resource when making decisions for your businesses. In 4Q 2010, Greater Memphis area occupancy fell 1.33% from Q4 2009. Despite this decline, six of the twelve submarkets evaluated in this survey experienced occupancy gains year-over-year 4Q with the Collierville/Germantown, Downtown, and Mid-Town submarkets’ improving by at least 2%, followed by progress in the East; Jackson, TN; and North Mississippi submarkets. Leaders in occupancy for Q4 include the Jackson, TN; Collierville/Germantown; and Downtown submarkets at 97%, 94.95%, and 93.73% respectively. Average effective rents in the market remained relatively stable receding marginally ($2/unit) with the Cordova; Jackson, TN; and Mid-Town submarkets’ rising by at least $30/unit and the Southwest submarket’s rising by $87/unit. Board of Directors Apartment Association of Greater Memphis 5384 Poplar Avenue, Suite 104 Memphis, TN 38119 Phone: (901) 685-9108 Fax: (901) 685-9124 Email: [email protected] Website: www.aagm.org Submarkets in this analysis are defined by zip code. Users of this report may use the enclosed submarket maps to better understand the boundaries. Bartlett 38134, 38135, 38133 Collierville / Germantown 38017, 38138, 38139 Cordova / Lakeland 38016, 38018, 38002 Downtown 38103, 38105, 38107 East AAGM President Tammy Bailey, CLK Multifamily Management, LLC Member at Large Jimmy Ringel, Makowsky Ringel Greenberg, LLC AAGM President-Elect Julia VanderRoest, Fogelman Management Group Member at Large Davy Johnson, CLK Multifamily Management AAGM Treasurer Brooke Gary, Mid-America Apartment Communities Member at Large Tammy Shannon, Apartment Guide _________________________________________________________________________ AAGM Secretary Crystal Dollahite, LEDIC Management Group Associate’s Council Chairman Cindy Lemons, For Rent Media Solutions, For Rent.com AAGM Board Market Analysis Chairman David Nischwitz, Mid-America Apartment Communities 38119, 38120, 38122, 38117 Frayser 38127 Jackson, TN 38305 Mid-town 38104, 38107, 38111, 38112 North Mississippi 38632, 38637, 38654, 38671, 38664, 38680 Raleigh 38108, 38128 Southeast 38115, 38118, 38125 Southwest Education Chairman Tonya Boutwell, CLK Multifamily Management, LLC Diamond Achievement Chairman Tammie Harris, For Rent Media Solutions, For Rent.com Membership Chairman Tammy Yeargan, Fogelman Management Group Trade Show Chairman Kristin Bell, Fieldstone Apartments Golf Tournament Chairman Courtney Barnes, Woodyard Realty Corporation Programs Chairman Elizabeth Stacey, First Advantage SafeRent 38106, 38109, 38114, 38116, 38126, 38132, 38131 AAGM Mission Statement The purpose of the AAGM is to promote professional growth within the multifamily housing industry by offering diverse networking opportunities, advocating and encouraging constant improvement of techniques through educational programs; to keep the members informed on legislative issues that affect our industry; and to promulgate a Code of Ethics for the purpose of maintaining high standards and sound business practices to meet the needs of the property owners, management companies and rental housing community. Community Involvement Chairman Connie Wakeman, Stonemark Management Public Relations Chairman Victoria Fleming, Apartment Finder Maintenance Mania Chairman Melissa Walker Moore, CLK Multifamily Management, LLC Member at Large Mark Fogelman, Fogelman Management Group Active Past AAGM Presidents: 2004-2005 Pattie Woods, Fogelman Management Group 2005-2006 Debi Wherry, Fogelman Management Group 2006-2007 Maney Heckle, H.M. Heckle & Company 2007-2008 Keith Acton, LEDIC Management Group 2008-2009 John Barger, Fogelman Management Group 2009-2010 Beth Brock, Mid-America Apartment Communities __________________________________________________________________________ Apartment Association of Greater Memphis 5384 Poplar Ave. Suite 104 Memphis, TN 38119 901.685.9108 901.685.9124 f www. aagm.org [email protected] Executive Director Robin Riggins Membership Coordinator Lisa Craig Special Project s Manager Member at Large Pierce Ledbetter, LEDIC Management Group Jennifer Barger 2010 Memphis Multifamily Market Statistics 9 Apartment Community Index 18 Management Company Alpha Listing 19 Greater Memphis Demographics 21 Summary Statistics (Market Rent) 22 Summary Statistics (Effective Rent) 23 Rent and Occupancy Trend by Submarket 24 Conventional Statistics (Market Rent) 25 Conventional Statistics (Effective Rent) 26 Tax Credit Statistics (Market Rent) 27 Tax Credit Statistics (Effective Rent) 28 Rent Trend by Submarket 29 Occupancy Trend by Submarket 30 Occupancy Rates (Distressed Asset Comparison) 31 Delinquency Rates by Submarket 33 2010 Foreclosures, New Construction, Sales 34 Multifamily Applicant Risk Index 35 - 133 Property Detail by Submarket Submarkets Bartlett, Collierville / Germantown, Cordova / Lakeland, Downtown, East, Frayser, Jackson,TN, Mid-town, North Mississippi, Raleigh, Southeast and Southwest Application for 2011 Membership 5384 Poplar Ave. S Suite # 104 Memphis, TN, 38119 EIN# 20-0210760 Phone (901) 685-9108 Fax (901) 685-9124 Email: [email protected] Company / Organization Name ___________________________________________________________________ Mailing Address _______________________________________________________ Location Address______________________________________________________ City State Zip _________________________________________________________ Phone Fax ___________________________________________________________ Email address ________________________________________________________ Account Agreement: This application is made in accordance with and subject to the bylaws and articles of incorporation of the Apartment Association of Greater Memphis. I agree to abide by the Code of Ethics of the Association. Dues payments to the Association may be deductible as a business expense, but are not deductible as a charitable contribution. A portion of the dues, however, is not deductible as a business expense to the extent that AAGM engages in lobbying. Dues payments are non refundable. Processing of application takes approximately 3-4 weeks. Upon approval by the Board of Directors, new members will be notified and sent a New Member packet. In the event of termination of membership for any reason, member agrees to discontinue use of Association’s insignia, products and signs in any form. Applicant understands that by providing mailing address, email address, telephone and fax number that you consent to receive communications sent by or on behalf of AAGM via email or fax. Website address ______________________________________________________ Contact name ________________________________________________________ Management Company _________________________________________________ Tax I.D. / E.I.N. # ______________________________________________________ Date________________________________________________________________ Title ________________________________________________________________ Signature ____________________________________________________________ Products/Services Provided _____________________________________________ Referred by _________________________________________________________ Committees: Enclosed is my check for $ ______________________________________________ We welcome you to serve on any of the following committees: Membership, DUES Legislative, Programs, Education, Community Involvement, Special Events (Golf ▫ Associate/Vendor $365.00 Scramble, Maintenance Mania, Awards, etc.) ▫ Management Company $525.00 ▫ Apartment Community $1.61 per unit Number of Apartment Homes ____________________________________________ Membership dues are due by March 1, 2011. Your membership in the AAGM includes membership in the National Apartment Association. $30.00 of your annual dues goes toward a one year subscription to UNITS magazine and is non-deductible from association dues payment. AAGM is keenly aware of the importance of the Associate Member to our Association. Keep in mind that membership does not automatically give you an exclusive to the business of our regular members. You must do your part to convince them that your product or service is the best. All applications are presented to the Board of Directors once a month for approval. Executive Summary Rebound in Rent Provides Bright Future for 2011 & Beyond For the full year 2010, the Greater Memphis multi-family markets continued to show modest recovery from falling rents in 2009 in most of the submarkets. However, vacancy rates continue to lag behind 2009 as we’ve seen a slight up tick in this metric for 2010. When compared to 2009, occupancy decreased 130 basis points to close at 87.8% and rents remained unchanged. However, nd several submarkets experienced boosted rent growth over the 2 half of 2010 while protecting occupancy over the full year. Bartlett, Collierville/Germantown, Downtown, East Memphis, Jackson TN & Midtown were the submarkets that exhibited the most improvement over the past 12 months. In sharp contrast, Frayser, Raleigh & Southwest Memphis submarkets continued to slide in occupancy and rent in part to the increased foreclosure and distressed real estate in these markets. The Source is encouraged by the participation for our yearend report. We had over 64,000 apartment homes (units) supply information for this report, which is the highest ever. The future for multi-family housing in Greater Memphis appears to be improving as well as we look toward metrics within the CAGR (Compound Annual Growth Rate) Forecast. While holding Household formation/creation constant we see that rents will grow modestly while decreasing vacancy slightly over the same period. These dynamics will be supported by modest household formation (new jobs) and very little new supply (new development). The stats in this report are based on full year 2010 data collected from participating apartment communities, management companies and owners. Participating communities reported their total number of units, market rents & effective rents (new data field in 2010) and total number of vacant units at year end. AAGM verified vacancy data for any properties reporting no vacant units. Submarkets are defined by zip code. The AAGM board of directors and the committee overseeing this project signed confidentiality statements to ensure that specific information about communities will not be disclosed. Acknowledgements AAGM wishes to express its appreciation to the following Management Companies that encourage property participation in this analysis. Alco Management Ambassador Management, LLC BL Realty, LLC CLK Multifamily Management, LLC Empirian Property Management Fogelman Management Group H.M. Heckle and Company Heritage Properties LEDIC Management Group Lighthouse Property Management Group, LLC Mid-America Apartment Communities Makowsky Ringel Greenberg Riverstone Residential Group Sentinel Real Estate Corp. Stonemark Management Company For more information about AAGM please call 901.685.9108 or email: [email protected]. AAGM Membership (as of 12/31/10) Total units: Management Companies: Properties: Associate Members: 53,929 20 242 154 Community Index Property Submarket Adler Apartments Airways Villa Apartments Allison Arms Annandale Gardens Annie's Apartments & Townhomes Apartments at Hedgerow Appletree North Appletree South Appling Lakes at Cordova Club Arbors of Century Center Arbors of Harbor Town Arbors of Hickory Ridge Arbors River Oaks Ascension Tower Ashland Lakes Ashton Hills Apartments Atlantic Oaks Apartments Audubon Downs Austin Park Place Autumn Ridge Apartments Avery Park Azalea Ridge Apartment Bailey Creek Bartlett Crossing Bartlett Heights / Boyd Lane Bella Vista Belle Harbour Bellevue Woods Bent Tree Apartments Downtown Southwest East North Mississippi Frayser Southeast Frayser Frayser Cordova/Lakeland Bartlett Downtown Southeast East Mid-town Southeast Raleigh Mid-town Mid-town Southwest Southeast Raleigh North Mississippi Collierville/Germantown Bartlett Bartlett Southeast Downtown Cordova/Lakeland Southwest www.clk-properties.com # Units 19 182 36 400 200 167 70 57 452 420 345 348 191 194 360 200 91 100 85 140 231 200 232 152 173 432 217 226 377 www.maac.com Management Company Financing LEDIC Management Group JCH Property Management Co. Inc. Makowsky Ringel Greenberg LLC Multi-South Management Services LEDIC Management Group BL Realty LLC Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Sagebrush Capital Management CLK Multifamily Management, LLC Gables Residential Fairfield Residential Hawthorne Residential Fountainbleau Management Services, LLC Pedcor Homes BL Realty LLC Ambassador Management, LLC Makowsky Ringel Greenberg LLC Lighthouse Property Mgmt Group, LLC LEDIC Management Group LEDIC Management Group Buckingham Properties Fogelman Management Group Stonemark Management Company Makowsky Ringel Greenberg LLC LEDIC Management Group Sentinel Real Estate Corp Bellevue Baptist Church Ambassador Management, LLC Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit www.sharprobbins.com Community Index Property Submarket Birches at Countryside, The Blair House Blair Tower Apartments Bradford Chase Briar Club Apartments Bristol on Union Brook Chase Apartments Buena Vista Apartments Butterfield Village Camellia Trace Apartment Homes Camelot Manor Campus View Properties Cane Creek Apartments Canterra Park Apartments Capri Manor (Thompson Court) Carriage House Carrington at Houston Levee Cedar Mill Apartments and Townhomes Cedar Ridge Patio Homes Cedarwood Apartments Centennial Gardens Central Station Apartments Champion Hills at Stonebridge Champion Hills at Windyke Chapel Ridge of Jackson Charter Oaks Cherokee Cabana Cherry Gardens Cherry Grove Apartments Chickasaw Place Apartments Church Lake Apartments Bartlett East Downtown Jackson, TN Southeast Mid-town Collierville/Germantown Frayser East Jackson, TN Southeast Mid-town Southwest Southwest Southwest Frayser Cordova/Lakeland Southeast Cordova/Lakeland Raleigh Southeast Downtown Cordova/Lakeland Southeast Jackson, TN Southwest Mid-town Mid-town Jackson, TN Mid-town North Mississippi www.clk-properties.com # Units 122 64 191 148 272 220 280 62 236 212 304 205 125 912 30 156 226 276 138 80 432 59 432 263 124 98 104 50 380 272 352 www.maac.com Management Company Financing Stonemark Management Company LEDIC Management Group Equity Management, Inc. Mid-America Apartment Communities Orion Realty Advisors Sentinel Real Estate Corp Sentinel Real Estate Corp Owner Managed Bell Partners, LLC Freeman Webb Management Makowsky Ringel Greenberg LLC H M Heckle & Company Lighthouse Property Mgmt Group, LLC Management Solutions, Inc. Platinum Management Makowsky Ringel Greenberg LLC Davis Development LLC Mid-America Apartment Communities H M Heckle & Company LEDIC Management Group LEDIC Management Group H M Heckle & Company Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Lynd Company BL Realty LLC Fogelman Management Group Makowsky Ringel Greenberg LLC Freeman Webb Management ALCO Management Fogelman Management Group Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional www.sharprobbins.com Community Index Property Submarket Cinnamon Trails Civic Center Apartments East Civic Center Apartments West Clearbrook Village Collier Village Colonnade, The Commons at Brentwood Continental Apartments Cordova Creek Corning Village Apartments Country Oaks Country Squire Country View Apartments Countryside North Apartments Court Square Center Courtyard Off The Square Crescent at Wolfchase Crockett Park Place Apartments Crossings at Fox Meadows Cypress Lakes Deerfield Apartments Dogwood Creek Eagles Landing Apartments Eastwood Park Apartments Eden Pointe Edgewater Apartments Edison Park Apartments El Dorado Apartments Ellington at Kirby Enclave, The Estates at River Pointe, The Southeast North Mississippi North Mississippi Southeast Collierville/Germantown Collierville/Germantown Mid-town Mid-town Cordova/Lakeland Frayser Southeast Cordova/Lakeland Raleigh Bartlett Downtown Collierville/Germantown Bartlett Frayser Southeast North Mississippi Bartlett Collierville/Germantown Bartlett Southeast Southeast Bartlett Downtown Southwest Southeast Southeast Downtown www.clk-properties.com # Units 208 384 392 144 88 252 80 454 196 135 200 726 334 152 75 40 200 84 184 160 136 278 96 174 288 688 311 188 164 208 400 www.maac.com Management Company Financing Orion Realty Advisors LEDIC Management Group LEDIC Management Group Hawthorne Residential GMH Capital Partners Asset Service, LP Empirian Property Management Ambassador Management, LLC Owner Managed Sentinel Real Estate Corp Alpha Property Management First Choice Management Group, Inc. Fogelman Management Group Sunshine Corporation Whitney Management Corporation Freeman Real Estate Company J.D. Marks Morgan Management Ambassador Management, LLC Northland Investment Corporation J S Property Management Apogee Companies, The Fogelman Management Group American Apartment Management BL Realty LLC BL Realty LLC Sunshine Corporation Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Stonemark Management Company Sentinel Real Estate Corp Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Tax Credit Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional www.sharprobbins.com Community Index Property Submarket Eton Square Exchange Building Apartments Farmington Gates Faronia Square Townhouses Festival Square Apartments Fieldstone Apartments Forest Park Forest Pines Foxhaven French Village Gardenwood Apartments Gateway Apartments Gayoso House Georgian Woods Germantown Falls Goodwill Village Apartments Graceland Farms Apartments Gramercy Park Townhomes Greenbriar Apartments Greenbrook Apartments Greenlaw Place Apartments Greens at Irene, The Greenview Estates Grove at Trinity Pointe Hamilton at Turman Farms Harmony Woods Harold Ford Villas Hermitage Apartments Hickory Farm Apartments Highland Chateau Apartments Highland Hills Apartments Southeast Downtown Collierville/Germantown Southwest Raleigh Southeast Frayser Mid-town North Mississippi East Raleigh North Mississippi Downtown Mid-town Southeast Raleigh Southwest Bartlett Frayser Bartlett Downtown Southeast Raleigh Cordova/Lakeland North Mississippi East Southwest Southwest Southeast Bartlett Southeast www.clk-properties.com # Units 208 199 182 204 38 698 102 68 96 244 152 168 156 100 486 200 192 78 208 1037 88 888 158 464 496 80 72 80 200 300 260 www.maac.com Management Company Financing Makowsky Ringel Greenberg LLC Owner Managed CLK Multifamily Management, LLC Freeman Webb Management Mid-South Residential LEDIC Management Group Owner Managed Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Lighthouse Property Mgmt Group, LLC Pinnacle Management Services LEDIC Management Group LEDIC Management Group H M Heckle & Company Owner Managed Owner Managed H M Heckle & Company Ferguson Property Group ALCO Management Mid-America Apartment Communities ALCO Management Lindsey Management Company Pinnacle Management Services RAM Partners, LLC LEDIC Management Group American Apartment Management Lighthouse Property Mgmt Group, LLC Better Building Management LLC Northland Investment Corporation Hediger Enterprise Hediger Enterprise Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Tax Credit Tax Credit Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Tax Credit Conventional Tax Credit Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional www.sharprobbins.com Community Index Property Submarket Highland Meadows Highlander Hillcrest Apartments Houston Levee Hunters Trace Apartments Island Park & Harbor Town Square Jefferson Place Jennifer Meadows Kenilworth Apartments Kensington Manor Keystone Landing Apartments Kimbrough Towers Kirby Station Lakes at Ridgeway Landings Apartments, The Laurel Park Apartments Legacy Farm Apartments Legends at Wolfchase Levi Landing Lexington Apartments Lincoln at Wolfchase Lincoln on the Green at Southwind Linden Yards Apartments Luther Towers Lynnfield Place Madison at Cypress Lakes Madison at Schilling Farms Madison East Apartments Madison Humphrey's Center Magnolias At Hernando Mallard Creek Southwest Mid-town Southwest Cordova/Lakeland East Downtown Downtown Raleigh Mid-town Southeast Raleigh Mid-town East Southeast Southeast North Mississippi Collierville/Germantown Bartlett Southwest Raleigh Cordova/Lakeland Southeast Southwest Mid-town East East Collierville/Germantown Mid-town East North Mississippi North Mississippi www.clk-properties.com # Units 600 61 215 289 192 300 65 224 164 570 100 96 371 378 292 144 371 300 184 90 408 618 22 196 401 1002 324 64 300 240 144 www.maac.com Management Company Financing LEDIC Management Group Owner Managed LEDIC Management Group Riverstone Residential Group Fogelman Management Group Sentinel Real Estate Corp Makowsky Ringel Greenberg LLC Lexington Investments Makowsky Ringel Greenberg LLC LEDIC Management Group Hediger Northland Investment Corporation Mid-America Apartment Communities Resource Residential Mid-America Management Corporation LEDIC Management Group Fogelman Management Group Michelson Realty Lighthouse Property Mgmt Group, LLC BL Realty LLC RAM Partners, LLC Mid-America Apartment Communities Ambassador Management, LLC PK Management Fogelman Management Group Madison Apartment Group Fogelman Management Group Owner Managed Fogelman Management Group Makowsky Ringel Greenberg LLC LEDIC Management Group Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Tax Credit Tax Credit Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional www.sharprobbins.com Community Index Property Submarket Meadows, The Mendenhall Gardens Mendenwood Apartments Metro 67 Metropolitan Apartments Mid America Student Housing Midtown Place Millcreek Apartments Mimosa Gardens (Highlander) Monterra Park Apartments Monticello Apartments New Breezy Point Apartments North Creek Apartments Number 10 Main Street Oak Hollow Apartment Community Oakridge Patio Homes Oaks, The Oakshire Orchards of Collierville Overton Place Communities Owens Place Townhouses Park Estate, The Park Lane (Midtown Place) Park's Edge at Shelby Farms Parkview Apartments Parkway Commons Pecan Grove Apartments Pembroke Square Pershing Park Apartments Pinewood Townhomes Plantation Apartments Bartlett East East Downtown Mid-town Cordova/Lakeland Mid-town Southwest Mid-town Southwest Southeast Frayser North Mississippi Downtown North Mississippi North Mississippi Jackson, TN Southwest Collierville/Germantown Mid-town Downtown East Mid-town Cordova/Lakeland Raleigh Southwest North Mississippi Downtown Frayser Southwest North Mississippi www.clk-properties.com # Units 200 82 118 79 114 144 50 448 38 278 218 171 250 115 277 431 100 300 226 120 81 82 51 442 384 80 152 45 160 142 336 www.maac.com Management Company Financing Fogelman Management Group LEDIC Management Group Makowsky Ringel Greenberg LLC Fogelman Management Group ALCO Management LEDIC Management Group Makowsky Ringel Greenberg LLC LEDIC Management Group Owner Managed Monterra Park Management, LLC Makowsky Ringel Greenberg LLC ALCO Management J S Property Management Ambassador Management, LLC Dial Equities Standard Enterprise Mid-America Apartment Communities Makowsky Ringel Greenberg LLC Loeb Management Makowsky Ringel Greenberg LLC Ambassador Management, LLC Mid-America Apartment Communities Makowsky Ringel Greenberg LLC NTS Development Company Pinnacle Management Services Lighthouse Property Mgmt Group, LLC J S Property Management LEDIC Management Group ALCO Management Makowsky Ringel Greenberg LLC Heritage Properties Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional www.sharprobbins.com Community Index Property Submarket Pleasant View Plum Tree Poplar Pines Poplar Pines West Poplar Place Townhomes Post House Jackson Post House North Posts Apartments, The Preserve at Forest Creek Preserve at Southwind Presidential West Apartments Providence Place Apartments Quail Ridge Quail Ridge Highlands Raleigh Court Townhomes Raleigh Pines Reese Road Apartments Registry at Wolfchase Renaissance Apartments Reserve at Dexter Lake Richmond Place Ridge at Jackson Apartments, The Ridgecrest Apartments Ridgeway Commons River Grove Townhomes River Pointe Apartments River Trace Apartments Riverbend Place Apartments Riverset Robinhood Park Apartments Rocky Creek Apartments Frayser Southeast East East East Jackson, TN Jackson, TN Southwest Southeast Southeast Southwest Southeast Bartlett Bartlett Raleigh Raleigh Bartlett Cordova/Lakeland Downtown Cordova/Lakeland Southwest Jackson, TN Frayser East Raleigh North Mississippi Bartlett Mid-town Downtown Mid-town North Mississippi www.clk-properties.com # Units 252 86 99 35 220 150 144 172 414 306 112 376 238 160 54 22 76 512 216 740 125 88 192 127 176 136 442 30 500 104 168 www.maac.com Management Company Financing Urban Investments Group LLC Makowsky Ringel Greenberg LLC H M Heckle & Company H M Heckle & Company GMH Capital Partners Asset Service, LP Mid-America Apartment Communities Mid-America Apartment Communities LEDIC Management Group Altman Management Company Fogelman Management Group ALCO Management Stonemark Management Company Heritage Properties Heritage Properties Ambassador Management, LLC J.D. Marks Parkwood Management ALCO Management Whitney Management Corporation Mid-America Apartment Communities Lighthouse Property Mgmt Group, LLC Rich Smith Management, LLC TESCO Properties CLK Multifamily Management, LLC Property Asset Management J S Property Management Multifamily Management, Inc. LEDIC Management Group KPH Development ALCO Management Makowsky Ringel Greenberg LLC Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Tax Credit Conventional Conventional Conventional Conventional Tax Credit Conventional Tax Credit Conventional www.sharprobbins.com Community Index Property Submarket Rolling Hills Apartments Rosecrest Salem Manor Apartments Savannah Creek Shannon Falls Sherwood Apartments Somerset Park Apartments Southcrest Lakes Southernwoods Southwind Lakes Springdale Creek Apartments St. Regis (Midtown Place) Stonebridge Crossing Stonebrook Stonegate Apartments Stoneridge at Germantown Falls Stratford Place (Midtown Place) Summer Trace Summereast Apartments Summit Apartments, The Summit Park Apartments Sutton Place Apartment Homes Sycamore Lake Apartments Tanglewood Apartments Tillman Cove Apartments (Thompson Courts) Timber Pines Town House Apartments Trails of Mt. Moriah Frayser Mid-town Southwest North Mississippi Frayser Mid-town Southeast North Mississippi Southeast Southeast Raleigh Mid-town Cordova/Lakeland Southeast Raleigh Southeast Mid-town Bartlett East Raleigh Southwest North Mississippi Bartlett Bartlett Mid-town Frayser Mid-town Southeast www.clk-properties.com # Units 138 92 102 204 88 108 496 224 73 276 84 46 500 244 208 486 36 256 120 320 402 253 356 199 116 114 166 630 www.maac.com Management Company Financing ALCO Management Northland Investment Corporation Ambassador Management, LLC Mid-America Apartment Communities LEDIC Management Group BL Realty LLC LEDIC Management Group Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Pedcor Homes Ambassador Management, LLC Makowsky Ringel Greenberg LLC Merion Realty Services, LLC WRH Realty Services The Apogee Company Northland Investment Corporation Makowsky Ringel Greenberg LLC LEDIC Management Group H M Heckle & Company Fogelman Management Group ALCO Management Mid-America Apartment Communities H M Heckle & Company Hayes Gibson International Platinum Management H M Heckle & Company Lexington Investments Fogelman Management Group Tax Credit Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional www.sharprobbins.com Community Index Property Submarket University Cabana University Crossing Valley Forge Apartments Venue, The Verano Park LLC Village Green Apartments Village of Sycamore Ridge Villas at Cordova Vineyards Apartments (Olive Branch) Vineyards, The (Germantown) Walden Pointe Walnut Hill Waring Park Apartments Waterford Place Weatherstone Weaver Fields Apartments Wesley Forest Apartments Wesley Highland Meadows Westbury, The Westminster Townhomes Westwind Townhomes & Duplexes Whitehaven Oaks Apartments Whitney Manor Apartments Williamsburg Manor (Highlander) Willowlake Apartments Winbranch Apartments Wingood Manor Woodglen Village Woodlake Apartments Woods at Ridgeway, The Woods of Post House Mid-town Mid-town Southwest Mid-town Southwest Southeast Bartlett Cordova/Lakeland North Mississippi Collierville/Germantown Raleigh Cordova/Lakeland East Southeast North Mississippi Southwest Southwest Raleigh Southeast Collierville/Germantown North Mississippi Southwest Frayser Mid-town Southeast Southwest Southeast Frayser Southeast Southeast Jackson, TN www.clk-properties.com # Units 444 147 229 160 320 314 114 256 456 200 411 360 84 320 81 108 165 200 350 100 231 62 96 44 836 460 216 72 122 568 122 www.maac.com Management Company Financing H M Heckle & Company Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Woodyard Realty Corp. Verano Park LLC Lexington Investments TVO North American Empirian Property Management Heritage Properties Sentinel Real Estate Corp Greystone Property Management Riverstone Residential Group H M Heckle & Company Empirian Property Management ALCO Management Ambassador Management, LLC Ambassador Management, LLC Wesley Senior Ministries Makowsky Ringel Greenberg LLC H M Heckle & Company J S Property Management Swan Property Management LLC Group 40 LLC Owner Managed LEDIC Management Group LEDIC Management Group Makowsky Ringel Greenberg LLC Hayes Gibson International Makowsky Ringel Greenberg LLC Resource Residential Mid-America Apartment Communities Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Tax Credit Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional www.sharprobbins.com Management Company Listing* Management Company ALCO Management Alpha Property Management Altman Management Company Ambassador Management, LLC American Apartment Management Apogee Companies, The Bell Partners, LLC Bellevue Baptist Church Better Building Management LLC BL Realty LLC Buckingham Properties CLK Multifamily Management, LLC Davis Development LLC Dial Equities Empirian Property Management Equity Management, Inc. Fairfield Residential Ferguson Property Group First Choice Management Group Fogelman Management Group Fountainbleau Management Freeman Real Estate Co. Freeman Webb Management Gables Residential GMH Capital Partners Greystone Property Mgt. Group 40 LLC H M Heckle & Company Hawthorne Residential www.clk-properties.com Properties 12 1 1 12 2 1 1 1 1 7 1 4 1 1 3 1 1 1 1 15 1 1 3 1 2 1 1 13 2 Units 2,362 135 414 1,363 176 136 236 226 80 1,125 200 1,269 226 277 828 191 348 78 200 4,815 194 75 796 345 308 411 96 2,046 335 Management Company Hayes Gibson International Hediger Hediger Enterprise Heritage Properties J S Property Management J.D. Marks JCH Property Management Co. Inc. KPH Development LEDIC Management Group Lexington Investments Lighthouse Property Mgmt Group, LLC Lindsey Management Company Loeb Management Lynd Company Madison Apartment Group Makowsky Ringel Greenberg LLC Management Solutions, Inc. Merion Realty Services, LLC Michelson Realty Mid‐America Apartment Communities Mid‐America Management Corporation Mid‐South Residential Monterra Park Management, LLC Morgan Management Multi‐South Management Services Multifamily Management, Inc. Northland Investment Corporation NTS Development Company Orion Realty Advisors www.maac.com Properties 2 1 2 4 5 2 1 1 31 3 7 1 1 1 1 37 1 1 1 13 1 1 1 1 1 1 5 1 2 Units 271 100 560 1,190 929 62 182 500 8,706 704 915 888 226 124 1,002 5,841 912 500 300 4,245 292 38 278 200 400 442 1,058 442 480 Management Company Owner Managed Parkwood Management Pedcor Homes Pinnacle Management Services PK Management Platinum Management Property Asset Management RAM Partners, LLC Resource Residential Rich Smith Management, LLC Riverstone Residential Group Rose Investments Sagebrush Capital Management Sentinel Real Estate Corp Standard Enterprise Stonemark Management Company Sunshine Corporation Swan Property Management TESCO Properties The Apogee Company TVO North American Urban Investments Group Verano Park LLC Wesley Senior Ministries Whitney Management Corp. Woodyard Realty Corp. WRH Realty Services Properties 10 1 2 3 1 2 1 2 2 1 2 1 1 7 1 4 2 1 1 1 1 1 1 1 2 1 1 Units 1,710 76 636 694 196 146 176 872 946 88 649 72 452 1,813 431 858 1022 62 192 208 114 252 320 200 368 160 244 *This listing reflects reporting properties only. It does not reflect the total number managed within the market. www.sharprobbins.com Memphis MSA Demographic Detail Population Demographics Percent Change 1990 Census 2000 Census Spring 2010 Estimate Total Population 661,776 649,512 602,533 Population Density (Pop/Sq Mi) 2,236.8 2,195.3 2,036.5 Total Households 251,379 250,452 239,286 2015 Projection 1990 to 2000 2010 to 2015 575,743 -1.9% -4.4% 1,946.0 -1.9% -4.4% 241,980 -0.4% 1.1% Population by Gender: Male 310,062 46.9% 307,354 47.3% 284,054 47.1% 270,753 47.0% -0.9% -4.7% Female 351,713 53.2% 342,158 52.7% 318,479 52.9% 304,990 53.0% -2.7% -4.2% Median Age: Total Population Percent Change 31.3 32.0 34.6 2000 Census Spring 2010 Estimate 34.1 2.0% Households by Income: -1.3% Percent Change 1990 Census 2015 Projection 1990 to 2000 2010 to 2015 $0 - $15,000 79,720 31.7% 56,787 22.7% 49,679 20.8% 48,912 20.2% -28.8% -1.5% $15,000 - $24,999 49,061 19.5% 39,002 15.6% 34,754 14.5% 34,597 14.3% -20.5% -0.5% $25,000 - $34,999 40,094 15.9% 37,333 14.9% 34,058 14.2% 33,555 13.9% -6.9% -1.5% $35,000 - $49,999 39,944 15.9% 41,487 16.6% 37,427 15.6% 36,733 15.2% 3.9% -1.9% $50,000 - $74,999 27,752 11.0% 40,530 16.2% 37,723 15.8% 37,807 15.6% 162.4% 0.2% $75,000 - $99,999 7,411 3.0% 16,880 6.7% 18,203 7.6% 19,319 8.0% 127.8% 6.1% $100,000 - $149,999 4,314 1.7% 10,802 4.3% 15,248 6.4% 17,141 7.1% 150.4% 12.4% $150,000 + 3,034 1.2% 7,631 3.0% 12,193 5.1% 13,916 5.8% 151.5% 14.1% Average Hhld Income $31,834 $45,378 $54,408 $57,168 42.5% 5.1% Median Hhld Income Per Capita Income $24,265 $12,182 $32,764 $17,498 $35,391 $22,437 $36,397 $25,024 35.0% 43.6% 2.8% 11.5% www.clk-properties.com www.maac.com www.sharprobbins.com Memphis MSA Demographic Detail Employment and Business Age 16 + Population In Labor Force Employed Unemployed In Armed Forces Not In Labor Force 1990 Census 2000 Census Spring 2010 Estimate 2015 Projection 503,294 486,850 458,374 433,053 1990 to 2000 2010 to 2015 -3.3% -5.5% 327,031 65.0% 306,591 63.0% 295,848 64.5% 278,898 64.4% -6.3% -5.7% 298,831 91.4% 279,687 91.2% 261,210 88.3% 245,173 87.9% -6.4% -6.1% 26,651 8.2% 34,082 11.5% 33,189 11.9% -1.4% -2.6% 1,530 0.3% 176,262 35.0% 26,283 8.6% 621 0.2% 556 0.2% 535 0.2% -59.4% -3.7% 180,259 37.0% 162,526 35.5% 154,155 35.6% 2.3% -5.2% Number of Employees (Daytime Pop) 404,730 Number of Establishments 26,835 Emp in Blue Collar Occupations 114,242 40.9% Emp in White Collar Occupations 165,445 59.2% Housing Units Percent Change Total Housing Units 1990 Census 2000 Census Spring 2010 Estimate 2015 Projection 272,509 271,181 282,219 285,848 1990 to 2000 2010 to 2015 -0.5% 1.3% Owner Occupied 138,251 50.7% 140,350 51.8% 129,385 45.9% 129,068 45.2% 1.5% -0.2% Renter Occupied 113,130 41.5% 110,101 40.6% 109,901 38.9% 112,911 39.5% -2.7% 2.7% 21,131 7.8% 42,934 15.2% 43,868 15.4% -1.9% 2.2% Vacant www.clk-properties.com 20,730 7.6% www.maac.com www.sharprobbins.com Greater Memphis Summary Statistics* Year End 2010 (Market Rent) Overall Submarket Total Units # of Props Occupancy Rent Sq.ft Avg Sq.ft 1 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 2 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 3 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 4 bedroom Avg Rent Bartlett 22 5895 87.87% $0.72 969 $693 $0.78 751 $586 $0.69 1045 $720 $0.70 1291 $903 Collierville/Germantown 12 2573 94.95% $0.90 1058 $953 $1.00 810 $812 $0.88 1074 $946 $0.85 1391 $1179 Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest 18 7051 93.67% $0.80 1031 $829 $0.89 801 $711 $0.78 1111 $862 $0.77 1346 $1040 19 3461 93.73% $0.98 891 $875 $1.05 726 $761 $0.94 1067 $1005 $0.85 1357 $1149 20 4084 90.82% $0.77 1000 $766 $0.93 735 $681 $0.74 1040 $766 $0.68 1425 20 2513 77.00% $0.62 816 $507 $0.71 586 $418 $0.61 818 $499 $0.62 1012 9 1468 97.00% $0.68 995 $673 $0.79 742 $587 $0.65 1019 $664 $0.63 34 4385 88.71% $0.74 810 $597 $0.95 589 $561 $0.65 907 $592 25 6375 93.68% $0.73 1025 $746 $0.82 809 $660 $0.71 1043 $742 19 3466 84.54% $0.61 910 $556 $0.74 661 $487 $0.59 937 46 15493 84.81% $0.72 945 $676 $0.82 724 $596 $0.68 32 7071 78.50% $0.57 925 $524 $0.67 636 $427 $0.56 276 Total Units Reporting 63835 Avg. Market Rent Avg. Unit Size Market Rent per sq. ft. Avg Rent $0.71 1238 $880 $969 $0.65 1600 $1045 $627 $0.55 1204 $663 1257 $796 $0.70 1333 $935 $0.72 1031 $744 $0.78 1107 $861 $0.69 1266 $878 $552 $0.57 1203 $688 $0.44 1850 $810 1039 $702 $0.66 1344 $886 $0.51 1271 $652 908 $510 $0.53 1189 $636 $0.50 1396 $700 Southwest 12% Bartlett 8% 87.76% Southeast 17% $694 East 7% Raleigh 7% $0.73 *Beginning 2009, the summary statistics calculations include distressed properties. www.maac.com Collierville/Germantown 4% Cordova/Lakeland 7% Downtown 7% 953 North Mississippi 9% www.clk-properties.com Avg Sq.ft Unit Density Properties Reporting Occupancy Rent Sq.ft Frayser 7% Mid-town 12% Jackson, TN 3% www.sharprobbins.com Greater Memphis Summary Statistics* Year End 2010 (Effective Rent) Overall Submarket # of Props Total Units Occupancy Rent Sq.ft Avg Sq.ft 1 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 2 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 3 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 4 bedroom Avg Rent Bartlett 22 5895 87.87% $0.69 969 $669 $0.75 751 $562 $0.67 1045 $699 $0.67 1291 $860 Collierville/Germantown 12 2573 94.95% $0.88 1058 $928 $0.98 810 $790 $0.86 1074 $925 $0.82 1391 $1142 Cordova/Lakeland 18 7051 93.67% $0.82 1031 $849 $0.84 801 $669 $0.83 1111 $925 $0.76 1346 $1023 Downtown 19 3461 93.73% $0.95 891 $846 $1.01 726 $735 $0.91 1067 $967 $0.84 1357 $1141 East 20 4084 90.82% $0.75 1000 $750 $0.90 735 $664 $0.72 1040 $751 $0.67 1425 Frayser 20 2513 77.00% $0.61 816 $500 $0.70 586 $413 $0.60 818 $490 $0.62 1012 9 1468 97.00% $0.68 995 $673 $0.79 742 $587 $0.65 1019 $664 $0.63 Mid-town 34 4385 88.71% $0.73 810 $595 $0.95 589 $559 $0.65 907 $590 North Mississippi 25 6375 93.68% $0.72 1025 $739 $0.81 809 $652 $0.70 1043 $734 Raleigh 19 3466 84.54% $0.60 910 $549 $0.72 661 $475 $0.58 937 Southeast 46 15493 84.81% $0.70 945 $657 $0.79 724 $573 $0.66 Southwest 32 7071 78.50% $0.56 925 $516 $0.66 636 $421 $0.55 Jackson, TN Properties Reporting 276 Total Units Reporting 63835 Occupancy Avg. Effective Rent Avg. Unit Size Effective Rent per sq. ft. Rent Sq.ft Avg Sq.ft Avg Rent $0.71 1238 $880 $957 $0.65 1600 $1045 $623 $0.55 1204 $663 1257 $796 $0.70 1333 $935 $0.72 1031 $744 $0.78 1107 $860 $0.69 1266 $874 $546 $0.57 1203 $683 $0.44 1850 $810 1039 $682 $0.66 1344 $886 $0.51 1271 $652 908 $502 $0.53 1189 $635 $0.47 1396 $652 Unit Density Southwest 12% Bartlett 8% Collierville/Germantown 4% Cordova/Lakeland 7% 87.76% Southeast 17% $683 Downtown 7% 953 East 7% Raleigh 7% $0.72 Frayser 7% North Mississippi 9% *Beginning 2009, the summary statistics calculations include distressed properties. www.clk-properties.com www.maac.com Mid-town 12% Jackson, TN 3% www.sharprobbins.com $696 $694 $694 $693 $692 $690 $690 Rent Trend* All Memphis Area Apartments Year End 2010 $689 $688 $686 $684 $682 $685 $680 2006 2007 2008 2009 2010 92% 91% 91% 90% 90% 89% 89% 89% 88% 88% 87% Occupancy Trend* All Memphis Area Apartments Year End 2010 86% 2006 2007 2008 2009 2010 *Beginning 2009, distressed assets are included in the analysis. www.clk-properties.com www.maac.com www.sharprobbins.com Greater Memphis Conventional Apartments Statistics* Year End 2010 (Market Rent) Overall Submarket # of Props Total Units Occupancy Rent Sq.ft Avg Sq.ft 1 bedroom Avg Rent Rent Sq.ft Avg Sq.ft Avg Rent 2 bedroom Rent Sq.ft Avg Sq.ft 3 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 4 bedroom Avg Rent Rent Sq.ft Avg Sq.ft Avg Rent Bartlett 18 4760 87.58% $0.71 980 $697 $0.78 756 $586 $0.68 1060 $726 $0.70 1353 $949 Collierville/Germantown 12 2573 94.95% $0.90 1058 $953 $1.00 810 $812 $0.88 1074 $946 $0.85 1391 $1179 Cordova/Lakeland 18 7051 93.67% $0.80 1031 $829 $0.89 801 $711 $0.78 1111 $862 $0.77 1346 $1040 Downtown 15 2937 95.85% $1.00 907 $911 $1.07 736 $785 $0.96 1089 $1041 $0.93 1361 $1265 East 16 3614 91.28% $0.78 1004 $787 $0.95 733 $698 $0.75 1049 $789 $0.69 1485 $1027 $0.65 1600 $1045 Frayser 13 1513 68.54% $0.58 795 $464 $0.65 605 $391 $0.57 827 $474 $0.56 895 $503 $0.61 950 $575 7 1256 97.05% $0.69 991 $679 $0.80 745 $594 $0.65 1026 $671 $0.64 1295 $835 Mid-town 29 3941 88.15% $0.75 800 $599 $0.97 582 $566 $0.66 910 $598 $0.75 1024 $767 $0.90 1096 $984 North Mississippi 22 5632 93.63% $0.74 1030 $764 $0.83 811 $670 $0.72 1054 $764 $0.71 1268 $902 Raleigh 14 2523 80.02% $0.62 930 $575 $0.74 699 $519 $0.61 924 $562 $0.57 1215 $690 $0.34 2400 $820 Southeast 42 14429 84.46% $0.72 943 $681 $0.84 720 $602 $0.68 1040 $708 $0.66 1354 $895 $0.51 1271 $652 Southwest 16 4267 75.35% $0.57 883 $504 $0.68 624 $427 $0.55 910 $503 $0.53 1121 $593 $0.54 1242 $673 Jackson, TN Southwest 7% Unit Density Properties Reporting Total Units Reporting Occupancy Avg. Market Rent Avg. Unit Size Avg. Market Rent per sq. ft. 222 54496 Cordova/Lakeland 8% 87.63% Southeast 19% $712 955 Downtown 7% Raleigh 6% $0.75 North Mississippi 10% *Beginning 2009, the summary statistics calculations include distressed properties. www.clk-properties.com Collierville/ Germantown 6% Bartlett 8% East 7% Mid-town 13% Frayser 6% Jackson, TN 3% www.maac.com www.sharprobbins.com Greater Memphis Conventional Apartment Statistics* Year End 2010 (Effective Rent) Overall Submarket # of Props Total Units Occupancy Rent Sq.ft Avg Sq.ft 1 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 2 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 3 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 4 bedroom Avg Rent Rent Sq.ft Avg Sq.ft Avg Rent Bartlett 18 4,760 87.58% $0.70 980 $683 $0.76 756 $572 $0.68 1060 $716 $0.67 1353 $909 Collierville/Germantown 12 2,573 94.95% $0.88 1058 $928 $0.98 810 $790 $0.86 1074 $925 $0.82 1391 $1142 Cordova/Lakeland 18 7,051 93.67% $0.82 1031 $849 $0.84 801 $669 $0.83 1111 $925 $0.76 1346 $1023 Downtown 15 2,937 95.85% $0.97 907 $876 $1.02 736 $754 $0.92 1089 $999 $0.92 1361 $1255 East 16 3,614 91.28% $0.77 1004 $778 $0.93 733 $684 $0.74 1049 $780 $0.69 1485 $1027 $0.65 1600 $1045 Frayser 13 1,513 68.54% $0.57 795 $452 $0.63 605 $383 $0.56 827 $460 $0.55 895 $494 $0.61 950 $575 7 1,256 97.05% $0.69 991 $679 $0.80 745 $594 $0.65 1026 $671 $0.64 1295 $835 Mid-town 29 3,941 88.15% $0.74 800 $596 $0.97 582 $564 $0.65 910 $596 $0.75 1024 $767 $0.90 1096 $981 North Mississippi 22 5,632 93.63% $0.73 1030 $756 $0.82 811 $661 $0.72 1054 $755 $0.71 1268 $897 Raleigh 14 2,523 80.02% $0.61 930 $565 $0.71 699 $499 $0.60 924 $555 $0.56 1215 $684 $0.34 2400 $820 Southeast 42 14,429 84.46% $0.70 943 $661 $0.80 720 $578 $0.66 1040 $687 $0.66 1354 $895 $0.51 1271 $652 Southwest 16 4,267 75.35% $0.56 883 $497 $0.68 624 $422 $0.55 910 $500 $0.53 1121 $592 $0.46 1242 $574 Jackson, TN Unit Density Properties Reporting 222 Total Units Reporting Occupancy Avg. Effective Rent Avg. Unit Size Avg. Net Rent per sq. ft. 54,496 87.63% 702 955 $ Southwest Bartlett 7% 8% Collierville/Germantown 6% Cordova/Lakeland 8% Southeast 19% Downtown 7% Raleigh 6% 0.74 North Mississippi 10% Midtown 13% East 7% Frayser 6% Jackson, TN 3% *Beginning 2009, the summary statistics calculations include distressed properties. www.clk-properties.com www.maac.com www.sharprobbins.com Greater Memphis Tax Credit Apartments Statistics* Year End 2010 (Market Rent) Overall Submarket # of Props Total Units Occupancy Rent Sq.ft Avg Sq.ft 1 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 2 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 3 bedroom Avg Rent Rent Sq.ft Avg Sq.ft Avg Rent Bartlett 4 1135 89.07% $0.73 925 $678 $0.81 723 $587 $0.71 974 $693 $0.69 1140 $791 Downtown 4 524 81.87% $0.85 798 $677 $0.95 674 $641 $0.80 894 $711 $0.61 1347 $818 East 4 470 87.23% $0.62 971 $600 $0.68 748 $510 $0.59 966 $572 $0.63 1211 $766 Frayser 7 1000 89.80% $0.68 846 $572 $0.84 552 $465 $0.68 802 $544 $0.65 1081 Jackson, TN 2 212 96.70% $0.62 1016 $633 $0.69 703 $486 $0.63 964 $610 $0.60 Mid-town 5 444 93.69% $0.64 903 $581 $0.68 705 $476 $0.61 872 $532 North Mississippi 3 743 94.08% $0.61 990 $605 $0.67 787 $528 $0.62 975 $607 Raleigh 5 943 96.61% $0.59 856 $506 $0.73 608 $441 $0.53 980 Southeast 4 1064 89.47% $0.62 972 $602 $0.64 784 $505 Southwest 16 2804 83.31% $0.56 988 $555 $0.64 661 $426 Total Units Reporting Occupancy Avg. Market Rent Avg. Unit Size Avg. Market Rent per sq. ft. Avg Sq.ft Avg Rent 1238 $880 $700 $0.50 1600 $800 1154 $690 $0.70 1333 $935 $0.65 1049 $687 $0.70 1114 $782 $0.54 1248 $674 $516 $0.59 1152 $681 $0.62 1300 $800 $0.60 1029 $616 $0.64 1266 $811 $0.58 $521 $0.54 1248 $673 $0.47 1543 $726 905 54 Bartlett 8% Downtown 7% 9,339 East 7% Southwest 30% 88.52% $588 935 Frayser 13% Southeast 7% $0.63 Raleigh 9% *Beginning 2009, the summary statistics calculations include distressed properties. www.clk-properties.com Rent Sq.ft $0.71 Unit Density Properties Reporting 4 bedroom Mid-town 9% Jackson, TN 4% North Mississippi 6% www.maac.com www.sharprobbins.com Greater Memphis Tax Credit Apartments Statistics* Year End 2010 (Effective Rent) Overall Submarket # of Props Total Units Occupancy Rent Sq.ft Avg Sq.ft 1 bedroom Avg Rent Rent Sq.ft Avg Sq.ft Avg Rent 2 bedroom Rent Sq.ft Avg Sq.ft 3 bedroom Avg Rent Rent Sq.ft Avg Sq.ft 4 bedroom Avg Rent Bartlett 4 1135 89.07% $0.66 925 $609 $0.71 723 $513 $0.64 974 $620 $0.65 1140 $740 Downtown 4 524 81.87% $0.85 798 $677 $0.95 674 $641 $0.80 894 $711 $0.61 1347 $818 East 4 470 87.23% $0.56 971 $541 $0.61 748 $459 $0.53 966 $510 $0.59 1211 $711 Frayser 7 1000 89.80% $0.68 846 $572 $0.84 552 $465 $0.68 802 $544 $0.65 1081 Jackson, TN 2 212 96.70% $0.62 1016 $633 $0.69 703 $486 $0.63 964 $610 $0.60 Mid-town 5 444 93.69% $0.64 903 $581 $0.68 705 $476 $0.61 872 $532 North Mississippi 3 743 94.08% $0.61 990 $605 $0.67 787 $528 $0.62 975 $607 Raleigh 5 943 96.61% $0.59 856 $506 $0.73 608 $441 $0.53 980 Southeast 4 1064 89.47% $0.62 972 $602 $0.64 784 $505 $0.60 Southwest 16 2804 83.31% $0.55 988 $546 $0.63 661 $417 $0.56 Properties Reporting Total Units Reporting Occupancy Avg. Effective Rent Avg. Unit Size Avg. Effective Rent per sq. ft. $880 $700 $0.50 1600 $800 1154 $690 $0.70 1333 $935 $0.65 1049 $687 $0.70 1114 $782 $0.54 1248 $674 $516 $0.59 1152 $681 $0.62 1300 $800 1029 $616 $0.64 1266 $811 905 $506 $0.54 1248 $673 $0.47 1543 $726 9339 Downtown 7% Southwest 30% $574 Avg Rent 1238 Bartlett 8% 88.52% Avg Sq.ft $0.71 Unit Density 54 Rent Sq.ft East 7% 935 Frayser 13% $0.61 Southeast 7% Raleigh 9% *Beginning 2009, the summary statistics calculations include distressed properties. Mid-town 9% Jackson, TN 4% North Mississippi 6% www.clk-properties.com www.maac.com www.sharprobbins.com Rent Trend By Submarket 2006 - 2010 Bartlett East 104% 104% $692 $766 Jackson, TN 104% 100% 96% $645 $609 $961 $941 96% Frayser Collierville/ 104% $963 $947 Mid-Town $506 104% 100% $507 $493 $573 $468 100% $558 $565 96% 96% Cordova/ Lakeland $824 $829 104% $743 $802 $740 $746 100% 96% 96% $875 104% 104% Raleigh Southwest $843 $521 $500 100% 100% $579 1 $518 104% $606 $841 $676 $661 $526 Downtown $848 $693 $746 100% $667 96% 100% 104% $826 100% Southeast North MS 104% $597 104% 100% 96% $626 $618 100% 96% $673 $743 $723 $693 $688 100% $755 $599 96% 96% 96% $544 www.clk-properties.com www.maac.com www.sharprobbins.com Occupancy Trend By Submarket 2006 - 2010 Bartlett Jackson, TN East 92.00% 4% 4% 90.92% 4% 97.00% 91.36% 0% 0% 89.22% 0% 87.87% -4% 89.96% Collierville/ Germantown 4% 89.32% 85.53% 90.86% 0% 93.08% 92.81% 95.23% Mid-Town 4% 95.91% 0 94.86% -4% Frayser 4% 0% 95.89% 90.82% 89.88% -4% 84.45% 94.95% -4% 89.75% -4% 86.86% 88.71% -4% 77.00% Cordova/ Lakeland Southeast North MS 4% 4% 4% 93.68% 0% 94.09% 94.61% 0% 92.25% 93.67% -4% 0% 87.53% Downtown Raleigh 94.81% 0% 94.07% 91.44% Southwest 4% 90.94% 88.00% 93.73% 0% 88.68% -4% www.maac.com 83.63% 82.40% -4% 85.24% www.clk-properties.com 85.32% -4% 4% 0% 84.81% 91.11% -4% 92.14% 4% -4% 87.96% 91.93% 80.38% 78.50% www.sharprobbins.com Occupancy Rates By Submarket Comparison to distressed assets* Total All Properties Conventional Excluding Distressed All Properties Excluding Distressed # of Props Occupancy # of Props Occupancy # of Props Occupancy # of Props Occupancy Bartlett Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest 23 12 18 19 20 21 9 34 25 21 46 32 88.58% 94.95% 93.67% 93.73% 90.82% 78.28% 97.00% 88.71% 93.68% 86.80% 84.81% 78.50% 21 12 18 18 19 15 9 32 25 19 43 27 93.02% 94.95% 93.67% 95.95% 91.45% 91.68% 97.00% 90.64% 93.68% 94.41% 89.67% 88.56% Bartlett Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest 19 12 18 15 16 13 7 29 22 15 42 16 88.47% 94.95% 93.67% 95.85% 91.28% 68.54% 97.05% 88.15% 93.63% 82.94% 84.46% 75.35% 17 12 18 15 15 8 7 27 22 13 39 13 93.98% 94.95% 93.67% 95.85% 92.01% 83.11% 97.05% 90.28% 93.63% 93.21% 89.68% 85.67% Total 280 87.97% 258 92.09% Total 224 87.81% 206 91.91% Tax Credit All Properties Excluding Distressed # of Props Occupancy # of Props Occupancy Bartlett Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest 4 0 0 4 4 8 2 5 3 6 4 16 89.07% 0.00% 0.00% 81.87% 87.23% 91.11% 96.70% 93.69% 94.08% 96.76% 89.47% 83.31% 4 0 0 3 4 7 2 5 3 6 4 14 89.07% 0.00% 0.00% 96.92% 87.23% 99.06% 96.70% 93.69% 94.08% 96.76% 89.47% 92.43% Total 56 88.88% 52 93.12% www.clk-properties.com *Distressed assets are defined as properties with less than 65% occupancy. www.maac.com www.sharprobbins.com Delinquency Rates By Submarket* (as of December 31, 2010) Total Bartlett Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest Total: Conventional Properties Delinquency 22 12 18 19 20 21 9 34 25 21 46 32 3.07% 1.05% 1.02% 2.60% 4.87% 6.73% 1.23% 6.66% 2.62% 3.47% 4.76% 7.51% Bartlett 279 4.08% Total: Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest Tax Credit Properties Delinquency 18 12 18 15 16 13 7 29 22 15 42 16 3.19% 1.05% 1.02% 1.46% 3.96% 10.64% 1.19% 6.98% 2.40% 3.45% 4.79% 6.89% Bartlett Properties Delinquency 4 2.56% Southwest 4 4 8 2 5 3 6 4 16 8.97% 11.91% 1.57% 1.42% 3.83% 4.31% 3.50% 4.42% 8.45% 223 3.84% Total: 56 5.43% Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast *279 apartment communities reported delinquency data. Properties were asked to list the number of delinquent units (rent only) at month-end accounting close-out. www.clk-properties.com www.maac.com www.sharprobbins.com Integrity, Communication, Quality. Since 1991, Sharp & Robbins Construction, LLC has provided a comprehensive array of building services, including all types of restoration, renovation, and new construction for apartment communities. Our continued success is the result of our dedication to complete customer satisfaction. To maintain the highest levels of customer care, we have developed a project management system that focuses on communication, attention to detail, and personal accountability. Effective communication is the key to fulfilling customer expectations. Our experienced project managers and field superintendents stay in close contact with customers regarding the progress of each project, and respond quickly to questions and concerns. Integrity, Communication and Quality are the guiding principles for all we do. Corporate OFFICE 8046 N. Brother Blvd., Ste. 104, Bartlett, TN 38133 127 Franklin Rd., Ste. 216, Brentwood, TN 37027 Toll Free: 800.613.9279 Phone: 901.383.9077 • Fax: 901.383.9078 www.sharprobbins.com SHARP & ROBBINS CONSTRUCTION, LLC #1 Large and Small Apartment Brokerage Firm www.WoodyardRealty.com 901.767.1998 Multifamily 30+ Units Foreclosed in 2010 Date # Units Buena Vista Apts Jan-10 62 Year Built 1972 The Exchange Building Mar-10 202 1910 38103 Whitehaven View Apts Mar-10 128 1966 38116 Willow Lakes Apts Apr-10 836 1968 38115 Waterford Pointe Apts May-10 624 1975 38116 Carrington Manor Apts May-10 253 1970 38118 Saddle Vineyards Jun-10 100 1971 38118 Beauregard Apts Jun-10 33 1923 38104 Highland Meadows Apts Jun-10 624 1975 38116 Woodbridge Apts Jun-10 90 1966 38114 Foxwood Apts Jul-10 220 1974 38115 Perserve @ Southwind Apts Jul-10 306 2000 38125 Rivertown Square Apts Jul-10 150 1973 38114 Waring Park Apts Aug-10 80 1952 38122 Oak Creek Apts Aug-10 34 1970 38111 Azalea Ridge Apts Aug-10 200 1998 38680 Hilltop Apts Sep-10 36 1964 38111 Peachtree South Apts Sep-10 71 1966 38127 Southpointe Twhs Sep-10 124 1973 38116 Graceland Manor Apts Oct-10 80 1973 38116 The Corners Apts Oct-10 200 1975 38118 Biltmore & McAlpin Apts Oct-10 24 1924 38104 Parkview Apts Nov-10 384 1974 38128 Apt Name Zip Code 38127 2011 NEW & PLANNED CONSTRUCTION OVER 30 UNITS Apt Name Villas at Grays Creek # Apt. Units 238 Zip Area 38106 Status Legends Park West Apts 87 38105 Grand Island Apts 204 38103 Under Construction Under Construction Planning Highland Row (U of M area) 234 38111 Planning Cotton Mills Apts 50 38103 Planning Irene Woods Apts & Senior Housing 432 38125 Planning Projected Notes Completion Fall 2011 Phase II of Carrington at Houston Levee; Foundations poured, preleasing targeted for end of April with one to two buildings available by June, permitting. Phaseweather II, 27-building, built with a combination of Hope VI grants and other funding; eventually will offer 405 total units 2012 204 apts in five buildings & 49 rental garages on Mud Island. Construction scheduled to begin soon, completion in about 2 yrs 2011 369 rental units (234 apartments/35 townhomes) plus 113,200 RSF of retail space (possibly late spring construction begins) Four-story; 38 two-bdrm & 12 one-bdrms; scheduled construction 140-unit sr. housing and 432 non-age multifamily units at Hwy 385 & Forest Hill Irene; construction on sr. housing to begin June 2011 Woodyard Realty Corp.’s 2011 Forecast Market Cycle as projected by Integra Realty Resources Each submarket can expect more of the same that it experienced in 2010 Similar levels of foreclosures Low levels of new construction Modestly increasing rents Improving Occupancy Prices may have hit bottom and could be improving Market timing – perfect time to invest! Vacancy: Recovery Decreasing Expansion Decreasing Hyper Supply Increasing Recession Increasing New Construction: Low Moderate/High Moderate/High Moderate/Low Absorption: Moderate High Low/Negative Low Employment: Low/Moderate Moderate/High Moderate/Low Low/Negative Moderate/Low Low/Negative Rental Rate Growth: Negative/Low U.S. Census data suggests that 2 million people between the ages of 20-35 moved in with family or friends over last five years and that pent up demand should fuel future absorption. 1 2 3 Stage of each phase Moderate/High Memphis has decreasing vacancy; low new construction, moderate to high absorption, moderate employment, flat to slightly improving rental growth 7300 Westmore Road, Suite 3 Rockville, MD 20850 Direct 800.999.0350 saferent.com Apartment Association of Greater Memphis MAR Index The Multifamily Applicant Risk Index (MAR Index) is based exclusively on traffic credit quality scores from the CoreLogic® SafeRent® statistical lease screening model (Registry ScorePLUS®) and is updated quarterly to provide property owners and managers with a benchmark against which to compare their portfolio’s performance. With this unique applicant risk index, property managers and owners are able to compare their applicant credit quality trends with that of the average MAR Index trends. This comparison indicates whether their portfolio is performing above, below or at market levels with respect to attracting and securing applicants with higher credit quality and an increased likelihood of fulfilling their lease obligations. The MAR Index for Memphis, TN-MS-AR was 83 for the fourth quarter of 2010. Compared to the United States MAR Index values, the Memphis Metropolitan Statistical Area (MSA) has lower values but is showing a similar trend over the last eight quarters (see Graph 1). Better Applicants Riskier Applicants For 2009 and 2010, the Memphis MSA has lower MAR Index values compared to other Tennessee areas. However, the Memphis MSA is showing similar values when compared to surrounding areas such as Texas and Georgia (see Table 1). Table 1: 2009 and 2010 Regional Multifamily Applicant Risk Index Data MSA’s Memphis, TN-MS-AR Nashville-Davidson-MurfreesboroFranklin, TN Houston-Sugar Land-Baytown, TX Dallas-Fort Worth-Arlington, TX Birmingham-Hoover, AL Atlanta-Sandy Springs-Marietta, GA Little Rock-North Little Rock-Conway, AR Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 92 92 85 84 86 90 87 83 104 89 88 97 92 109 90 91 105 96 102 88 87 99 91 101 86 87 96 90 100 85 85 96 87 109 87 89 103 94 104 86 87 98 91 100 84 88 95 88 76 76 73 75 75 77 88 87 New Orleans-Metairie-Kenner, LA 98 101 99 102 102 103 100 96 For the fourth quarter 2010, the three MSAs with the leading decreases in the MAR Index were Kansas City, Mo.Kan.; Indianapolis-Carmel, Ind.; and Houston-Sugar Land-Baytown, Texas; with decreases of five, three and two points, respectively. The three MSAs with the leading increases in the MAR Index were San Francisco-OaklandFremont, Calif.; Seattle-Tacoma-Bellevue, Wash.; and Charlotte-Gastonia-Concord, N.C.-S.C.; with increases of three points(see Table 2). Table 2: Metropolitan Statistical Area & Multifamily Applicant Risk Index Deltas MSAs With Leading Decreases 4Q 10 4Q 09 Change from 4Q 09 to 4Q 10 Kansas City, Mo.-Kan. 102 107 -5 Indianapolis-Carmel, Ind. 88 91 -3 Houston-Sugar Land-Baytown, Texas 84 86 -2 MSAs With Leading Increases 4Q 10 4Q 09 Change from 4Q 09 to 4Q 10 San Francisco-Oakland-Fremont, Calif. 128 125 +3 Seattle-Tacoma-Bellevue, Wash. 123 120 +3 Charlotte-Gastonia-Concord, N.C.-S.C. 97 94 +3 NOTE: MSAs are selected from the Top 50 MSAs based on population and applicant volume. Understanding the Multifamily Applicant Risk Index (MAR Index) The MAR Index is published quarterly by CoreLogic SafeRent. It provides trends of national and regional traffic credit quality scores whereby a lower index value indicates an applicant pool with a higher risk of not fulfilling lease obligations. A MAR Index value of 100 indicates that market conditions are equal to the national mean for the index's base period of 2004. A MAR Index value greater than 100 indicates market conditions with reduced average risk of default relative to the index's base period mean. A value less than 100 indicates market conditions with increased average risk of default relative to the index's base period mean. The MAR Index is derived from the statistical screening model from CoreLogic SafeRent, which is the multifamily industry’s only screening model that is both empirically derived and statistically validated. The statistical screening model by CoreLogic SafeRent was developed from historical resident lease performance data to specifically evaluate the potential risk of a resident’s future lease performance. The model generates scores for each applicant indicating the relative risk of the applicant not fulfilling lease obligations. A lower score indicates a more risky applicant. About CoreLogic SafeRent CoreLogic SafeRent is the nation's leading and most innovative provider of screening and risk management services to the multifamily housing industry. CoreLogic SafeRent offers a single source for resident screening services, renters insurance programs, analytics and automated lease and document generation. Landlords and property management companies who manage over 6 million apartment homes, rely on CoreLogic SafeRent every day to assist them in screening residents to meet their community standards and maximize profitability. CoreLogic SafeRent leads the industry in innovations and enhancements designed to make the decision process faster, easier and more accurate. For more information, visit saferent.com. CoreLogic, SafeRent and Registry ScorePLUS are registered trademarks of CoreLogic. Bartlett Property Detail Arbors of Century Center 1490 Century Arbor Lane Memphis, TN 38134 Phone: 901-382-5785 Fax: 901-382-5859 #Bdrms #Apts 1 2 3 4 204 172 44 Avg Size 720 1060 1289 # Apt Homes: 420 Submarket: Bartlett Avg Size: 919 Year Built: 1988 Avg Rent: $692 Net Avg Rent: $606 Avg Rent/Sq ft: $0.75 Avg Rent $608 $748 $866 Net Avg Rent $519 $664 $785 Rent PFS $0.84 $0.71 $0.67 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: CLK Multifamily Management, LLC Manager: Bethany Overton Bartlett Crossing 5760 Silvercreek Drive South Memphis, TN 38134 Phone: 901-372-8962 Fax: 901-388-4483 #Bdrms #Apts 1 2 3 4 70 82 Avg Size 750 1000 Avg Rent $639 $750 # Apt Homes: 152 Submarket: Bartlett Avg Size: 885 Year Built: 1989 Avg Rent: $699 Net Avg Rent: $699 Avg Rent/Sq ft: $0.79 Net Avg Rent $639 $750 Rent PFS $0.85 $0.75 Renovated: 2007 Financing: Conventional Storage Units Mgt Firm: Stonemark Management Company Manager: Christy Mayo Bartlett Heights / Boyd Lane # Apt Homes: 6130 Bartlett View Lane Bartlett, TN 38134 Phone: 901-388-6901 Fax: 901-937-8233 Avg Size: 173 Submarket: Bartlett 1071 Year Built: 1972 Avg Rent: $729 Net Avg Rent: $729 Avg Rent/Sq ft: $0.68 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Renovated: 1992 Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC 125 48 1002 1250 $695 $816 $695 $816 http://www.forrent.com/ $0.69 $0.65 Manager: Amanda McLendon http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Bartlett Property Detail Birches at Countryside, The 6939 Dusty Trail Lane Memphis, TN 38133 Phone: 901-382-5723 Fax: 901-373-1440 #Bdrms #Apts 1 2 3 4 30 77 15 Avg Size 700 1000 1200 # Apt Homes: 122 Submarket: Bartlett Avg Size: 951 Year Built: 1984 Avg Rent: $818 Net Avg Rent: $818 Avg Rent/Sq ft: $0.86 Avg Rent $720 $825 $975 Net Avg Rent $720 $825 $975 Rent PFS $1.03 $0.82 $0.81 Renovated: 2004 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Stonemark Management Company Manager: Jenica Campbell Canterbury Woods 6520 Macon Road Memphis, TN 38134 Phone: 901-388-5369 Fax: 901-388-5477 #Bdrms #Apts 1 2 3 4 170 195 Avg Size 725 976 # Apt Homes: 365 Submarket: Bartlett Avg Size: 859 Year Built: 1985 Avg Rent: $657 Net Avg Rent: $657 Avg Rent/Sq ft: $0.76 Avg Rent $608 $700 Net Avg Rent $608 $700 Rent PFS $0.84 $0.72 Renovated: 2002 Financing: Conventional Storage Units Mgt Firm: Mid-America Management Corporation Manager: Rachel Free Countryside North Apartments 6934 Country Manor Drive Memphis, TN 38133 Phone: 901-377-4025 Fax: 901-377-9323 # Apt Homes: 152 Submarket: Bartlett Avg Size: 933 Year Built: 1984 Avg Rent: $716 Net Avg Rent: $716 Avg Rent/Sq ft: $0.77 #Bdrms #Apts 1 2 3 4 26 100 26 Avg Size 665 935 1191 Avg Rent $618 $709 $838 Net Avg Rent $618 $709 $838 Rent PFS $0.93 $0.76 $0.70 http://www.cfgonline.com/aboutCFG/index.cfm Renovated: Financing: Tax Credit Storage Units Mgt Firm: Whitney Management Corporation Manager: Kenia Arthur http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Bartlett Property Detail Crescent at Wolfchase 7819 Crescent Ridge Lane Memphis, TN 38133 Phone: 901-384-9400 Fax: 901-384-9796 #Bdrms #Apts 1 2 3 4 50 125 25 Avg Size 788 1022 1206 # Apt Homes: 200 Submarket: Bartlett Avg Size: 986 Year Built: 2006 Avg Rent: $850 Net Avg Rent: $838 Avg Rent/Sq ft: $0.86 Avg Rent $739 $861 $1015 Net Avg Rent $739 $841 $1015 Rent PFS $0.94 $0.84 $0.84 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Morgan Management Manager: Corey Werling Deerfield Apartments 2155 Deer Crest Lane Memphis, TN 38134 Phone: 901-372-1050 Fax: 901-372-8994 #Bdrms #Apts 1 2 3 4 48 88 Avg Size 750 980 # Apt Homes: 136 Submarket: Bartlett Avg Size: 899 Year Built: 1984 Avg Rent: $630 Net Avg Rent: $630 Avg Rent/Sq ft: $0.70 Avg Rent $559 $669 Net Avg Rent $559 $669 Rent PFS $0.75 $0.68 Renovated: Financing: Conventional Mgt Firm: Apogee Companies, The Manager: Lisa Hemphill Eagles Landing Apartments # Apt Homes: 7833 Stellar Lane Memphis, TN 38125 Phone: 901-758-6340 Fax: 901-758-0916 Avg Size: 96 Submarket: Bartlett 1009 Year Built: 2007 Avg Rent: $742 Net Avg Rent: $742 Avg Rent/Sq ft: $0.74 #Bdrms #Apts 1 2 3 4 16 24 40 16 Avg Size 760 947 1054 1238 Avg Rent $560 $690 $790 $880 Net Avg Rent $560 $690 $790 $880 http://www.woodyardrealty.com/ Rent PFS $0.74 $0.73 $0.75 $0.71 Renovated: Financing: Tax Credit Storage Units Mgt Firm: American Apartment Management Manager: Michelle Kelly http://www.corelogic.com/ http://www.cort.com/ Bartlett Property Detail Edgewater Apartments 1965 Sycamore Heights Lane Memphis, TN 38134 Phone: 901-388-6915 Fax: 901-387-0594 #Bdrms #Apts 1 2 3 4 240 368 80 Avg Size 750 1000 1200 Avg Rent $605 $710 $810 # Apt Homes: 688 Submarket: Bartlett Avg Size: 936 Year Built: 1985 Avg Rent: $685 Net Avg Rent: $572 Avg Rent/Sq ft: $0.73 Net Avg Rent $495 $595 $695 Rent PFS $0.81 $0.71 $0.68 Renovated: Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Sunshine Corporation Manager: Barbara Hogwood Gramercy Park Townhomes 2165 E Nathaniel Circle Memphis, TN 38134 Phone: 901-385-7635 Fax: 901-385-7912 #Bdrms #Apts 1 2 3 4 48 30 Avg Size 600 800 # Apt Homes: 78 Submarket: Bartlett Avg Size: 677 Year Built: 1995 Avg Rent: $550 Net Avg Rent: $550 Avg Rent/Sq ft: $0.81 Avg Rent $500 $629 Net Avg Rent $500 $629 Rent PFS $0.83 $0.79 Renovated: Financing: Conventional Mgt Firm: Ferguson Property Group Manager: Beverly Millette Greenbrook Apartments 1400 Greenbrook Parkway Memphis, TN 38134 Phone: 901-386-1991 Fax: 901-386-1313 # Apt Homes: 1037 Submarket: Bartlett Avg Size: 908 Year Built: 1972 Avg Rent: $619 Net Avg Rent: $619 Avg Rent/Sq ft: $0.68 #Bdrms #Apts 1 2 3 4 449 582 6 Avg Size 759 1022 1100 Avg Rent $545 $673 $900 Net Avg Rent $545 $673 $900 http://www.forrent.com/ Rent PFS $0.72 $0.66 $0.82 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Donna Hicks http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Bartlett Property Detail Highland Chateau Apartments # Apt Homes: 5246 Raleigh-LaGrange Memphis, TN 38134 Phone: 901-388-8998 Fax: 901-377-7516 #Bdrms #Apts 1 2 3 4 48 204 48 Avg Size 760 1250 1550 Avg Size: 300 Submarket: Bartlett 1220 Year Built: 1975 Avg Rent: $629 Net Avg Rent: $629 Avg Rent/Sq ft: $0.52 Avg Rent $529 $629 $729 Net Avg Rent $529 $629 $729 Rent PFS $0.70 $0.50 $0.47 Renovated: 2007 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Hediger Enterprise Manager: Shy Maclin Legends at Wolfchase 8840 Bristol Park Drive Bartlett, TN 38133 Phone: 901-266-0755 Fax: 901-266-4175 #Bdrms #Apts 1 2 3 4 100 150 50 Avg Size 764 1198 1441 Avg Rent $806 $1195 $1389 # Apt Homes: 300 Submarket: Bartlett Avg Size: 1094 Year Built: 2002 Avg Rent: $1098 Net Avg Rent: $1019 Avg Rent/Sq ft: $1.00 Net Avg Rent $765 $1129 $1199 Rent PFS $1.05 $1.00 $0.96 Renovated: Financing: Conventional Mgt Firm: Michelson Realty Manager: Shayni Fleming Meadows, The 2154 Meadow Glade Lane Memphis, TN 38134 Phone: 901-382-6080 Fax: 901-386-0107 # Apt Homes: 200 Submarket: Bartlett Avg Size: 956 Year Built: 1986 Avg Rent: $635 Net Avg Rent: $635 Avg Rent/Sq ft: $0.66 #Bdrms #Apts 1 2 3 4 96 104 Avg Size 800 1100 Avg Rent $575 $690 Net Avg Rent $575 $690 Rent PFS $0.72 $0.63 http://www.cfgonline.com/aboutCFG/index.cfm Renovated: Financing: Conventional Storage Units Mgt Firm: Fogelman Management Group Manager: Tracie Mason http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Bartlett Property Detail Quail Ridge 4200 Trenton Drive Bartlett, TN 38135 Phone: 901-937-3300 Fax: 901-937-3388 #Bdrms #Apts 1 2 3 4 78 126 34 Avg Size 952 1253 1521 # Apt Homes: 238 Submarket: Bartlett Avg Size: 1193 Year Built: 1996 Avg Rent: Avg Rent $750 $875 $1235 $885 Net Avg Rent: $885 Avg Rent/Sq ft: $0.74 Net Avg Rent $750 $875 $1235 Rent PFS $0.79 $0.70 $0.81 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Heritage Properties Manager: Candice Lindsey Quail Ridge Highlands # Apt Homes: 6344 Quail Meadow Cove Bartlett, TN 38135 Phone: 901-384-4226 Fax: 901-388-9953 #Bdrms #Apts 1 2 3 4 40 96 24 Avg Size 754 1084 1355 Avg Size: Avg Rent $890 $1009 $1375 160 Submarket: Bartlett 1042 Year Built: 2007 Avg Rent: $1034 Net Avg Rent: $1008 Avg Rent/Sq ft: $0.99 Net Avg Rent $890 $1009 $1200 Rent PFS $1.18 $0.93 $1.01 Renovated: Financing: Conventional Mgt Firm: Heritage Properties Manager: Tracy West Reese Road Apartments 2503 E. Reese Grove Court Memphis, TN 38133 Phone: 901-373-1954 Fax: 901-383-4466 # Apt Homes: 76 Submarket: Bartlett Avg Size: 980 Year Built: 2000 Avg Rent: $685 Net Avg Rent: $685 Avg Rent/Sq ft: $0.70 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Renovated: Financing: Conventional Storage Units Mgt Firm: Parkwood Management 76 980 $685 $685 http://www.woodyardrealty.com/ $0.70 Manager: James Jacob http://www.corelogic.com/ http://www.cort.com/ Bartlett Property Detail River Trace Apartments 2165 E. River Trace Drive Memphis, TN 38134 Phone: 901-377-3865 Fax: 901-377-0990 #Bdrms #Apts 1 2 3 4 176 192 74 Avg Size 809 1044 1267 # Apt Homes: 442 Submarket: Bartlett Avg Size: 988 Year Built: 1979 Avg Rent: $586 Net Avg Rent: $586 Avg Rent/Sq ft: $0.59 Avg Rent $494 $598 $774 Net Avg Rent $494 $598 $774 Rent PFS $0.61 $0.57 $0.61 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Multifamily Management, Inc. Manager: Jackie Chamberlain Summer Trace 6015 Summer Trace Memphis, TN 38134 Phone: 901-373-2300 Fax: 901-388-8734 #Bdrms #Apts 1 2 3 4 84 148 24 Avg Size 600 1000 1000 # Apt Homes: 256 Submarket: Bartlett Avg Size: 869 Year Built: 1975 Avg Rent: $530 Net Avg Rent: $530 Avg Rent/Sq ft: $0.61 Avg Rent $465 $550 $635 Net Avg Rent $465 $550 $635 Rent PFS $0.78 $0.55 $0.64 Renovated: Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Danny Matthews Sycamore Lake Apartments 2174 Westchester Drive Memphis, TN 38134 Phone: 901-388-0583 Fax: 901-388-0524 # Apt Homes: 356 Submarket: Bartlett Avg Size: 868 Year Built: 1972 Avg Rent: $556 Net Avg Rent: $556 Avg Rent/Sq ft: $0.64 #Bdrms #Apts 1 2 3 4 162 194 Avg Size 748 968 Avg Rent $501 $602 Net Avg Rent $501 $602 http://www.forrent.com/ Rent PFS $0.67 $0.62 Renovated: Financing: Conventional Storage Units Mgt Firm: H M Heckle & Company Manager: Jamie Gentzler, CAM http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Bartlett Property Detail Tanglewood Apartments 5770 Tangle Oaks Drive Memphis, TN 38134 Phone: 901-382-0060 Fax: 901-383-2699 #Bdrms #Apts 1 2 3 4 74 92 33 Avg Size 647 919 1061 # Apt Homes: 199 Submarket: Bartlett Avg Size: 841 Year Built: 1975 Avg Rent: $594 Net Avg Rent: $594 Avg Rent/Sq ft: $0.71 Avg Rent $524 $608 $709 Net Avg Rent $524 $608 $709 Rent PFS $0.81 $0.66 $0.67 Renovated: 2006 Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Hayes Gibson International Manager: Kimberly Smith, CAPS Village of Sycamore Ridge 1945 Everetts Folly Drive Memphis, TN 38134 Phone: 901-388-8742 Fax: 901-384-9624 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 114 Submarket: Bartlett Avg Size: 1303 Year Built: 1974 Avg Rent: $766 Net Avg Rent: $766 Avg Rent/Sq ft: $0.59 Avg Rent Net Avg Rent Rent PFS Renovated: Financing: Conventional Storage Units Mgt Firm: TVO North American 72 42 1130 1600 $694 $889 $694 $889 $0.61 $0.56 http://www.cfgonline.com/aboutCFG/index.cfm Manager: Ericka Vaughn http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Collierville/Germantown Property Detail Bailey Creek 1907 N. Bailey Woods Drive Collierville, TN 38017 Phone: 901-853-0003 Fax: 901-853-0922 #Bdrms #Apts 1 2 3 4 64 112 56 Avg Size 775 961 1258 # Apt Homes: 232 Avg Size: 981 Avg Rent: $997 Net Avg Rent: $939 Avg Rent/Sq ft: $1.02 Avg Rent $855 $989 $1178 Net Avg Rent $799 $911 $1155 Rent PFS $1.10 $1.03 $0.94 Submarket: Collierville/Germantown Year Built: 1998 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Beth Bridges CAM Brook Chase Apartments 7865 Grove Court West Germantown, TN 38138 Phone: 901-758-2881 Fax: 901-758-8525 #Bdrms #Apts 1 2 3 4 108 108 64 Avg Size 793 1149 1533 # Apt Homes: 280 Avg Size: 1100 Avg Rent: $1020 Net Avg Rent: $1020 Avg Rent/Sq ft: Avg Rent $791 $1035 $1381 Net Avg Rent $791 $1035 $1381 $0.93 Rent PFS $1.00 $0.90 $0.90 Submarket: Collierville/Germantown Year Built: 1993 Renovated: 2008 Financing: Conventional Mgt Firm: Sentinel Real Estate Corp Manager: Christie McVay, CAM Collier Village 376 Ramport Lane Collierville, TN 38017 Phone: 901-853-4122 Fax: 901-861-2932 # Apt Homes: 88 Avg Size: 862 Avg Rent: $687 Net Avg Rent: $687 Avg Rent/Sq ft: $0.80 #Bdrms #Apts 1 2 3 4 8 80 Avg Size 710 877 Avg Rent $565 $699 Net Avg Rent $565 $699 http://www.forrent.com/ Rent PFS $0.80 $0.80 Submarket: Collierville/Germantown Year Built: 1971 Renovated: Financing: Conventional Storage Units Mgt Firm: GMH Capital Partners Asset Service, LP Manager: Martha Byrd http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Collierville/Germantown Property Detail Colonnade, The 7491 Wyndhurst Place Germantown, TN 38138 Phone: 901-751-7900 Fax: 901-751-7988 #Bdrms #Apts 1 2 3 4 84 128 40 Avg Size 1023 1189 1372 # Apt Homes: 252 Avg Size: 1162 Avg Rent: $986 Net Avg Rent: $867 Avg Rent/Sq ft: $0.85 Avg Rent $841 $999 $1249 Net Avg Rent $742 $846 $1198 Rent PFS $0.82 $0.84 $0.91 Submarket: Collierville/Germantown Year Built: 1996 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Empirian Property Management Manager: Sarah Simmons Courtyard Off The Square 325 Center Street Collierville, TN 38017 Phone: 901-550-1313 Fax: #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 40 Avg Size: 850 Avg Rent: $668 Net Avg Rent: $668 Avg Rent/Sq ft: $0.79 Avg Rent Net Avg Rent Rent PFS Submarket: Collierville/Germantown Year Built: 1973 Renovated: Financing: Conventional Mgt Firm: J.D. Marks 40 850 $668 $668 $0.79 Manager: Danny Quinn Dogwood Creek 1969 N. Dogwood Creek Drive Collierville, TN 38017 Phone: 901-854-8822 Fax: 901-861-0809 # Apt Homes: 278 Avg Size: 981 Avg Rent: $948 Net Avg Rent: $893 Avg Rent/Sq ft: $0.97 #Bdrms #Apts 1 2 3 4 106 100 72 Avg Size 784 984 1268 Avg Rent $806 $962 $1139 Net Avg Rent $749 $908 $1083 Rent PFS $1.03 $0.98 $0.90 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Collierville/Germantown Year Built: 1998 Renovated: Financing: Conventional Storage Units Mgt Firm: Fogelman Management Group Manager: Heather McKenzie http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Collierville/Germantown Property Detail Farmington Gates 2216 Brierbrook Road Germantown, TN 38138 Phone: 901-754-4170 Fax: 901-754-9224 #Bdrms #Apts 1 2 3 4 44 102 36 Avg Size 701 1121 1311 # Apt Homes: 182 Avg Size: 1057 Avg Rent: $863 Net Avg Rent: $863 Avg Rent/Sq ft: $0.82 Avg Rent $699 $875 $1029 Net Avg Rent $699 $875 $1029 Rent PFS $1.00 $0.78 $0.78 Submarket: Collierville/Germantown Year Built: 1973 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: CLK Multifamily Management, LLC Manager: Debbie Parris Legacy Farm Apartments # Apt Homes: 1130 Legacy Farm Court Collierville, TN 38017 Phone: 901-850-9555 Fax: 901-850-9551 #Bdrms #Apts 1 2 3 4 127 196 48 Avg Size 808 1127 1317 Avg Size: Avg Rent: Avg Rent $816 $982 $1255 371 1042 $960 Net Avg Rent: $960 Avg Rent/Sq ft: $0.92 Net Avg Rent $816 $982 $1255 Rent PFS $1.01 $0.87 $0.95 Submarket: Collierville/Germantown Year Built: 2001 Renovated: Financing: Conventional Mgt Firm: Fogelman Management Group Manager: Wendi Reinmann Madison at Schilling Farms 160 Madison Farms Lane Collierville, TN 38017 Phone: 901-853-5000 Fax: 901-853-3348 # Apt Homes: 324 Avg Size: 996 Avg Rent: $951 Net Avg Rent: $936 Avg Rent/Sq ft: $0.95 #Bdrms #Apts 1 2 3 4 96 164 64 Avg Size 782 1015 1268 Avg Rent $813 $956 $1145 Net Avg Rent $817 $999 $955 http://www.woodyardrealty.com/ Rent PFS $1.04 $0.94 $0.90 Submarket: Collierville/Germantown Year Built: 1999 Renovated: Financing: Conventional Storage Units Mgt Firm: Fogelman Management Group Manager: Kylie Childress http://www.corelogic.com/ http://www.cort.com/ Collierville/Germantown Property Detail Orchards of Collierville 400 Orchard Circle West Collierville, TN 38017 Phone: 901-854-5400 Fax: 901-854-5422 #Bdrms #Apts 1 2 3 4 56 130 40 Avg Size 807 1060 1250 # Apt Homes: 226 Avg Size: 1031 Avg Rent: $865 Net Avg Rent: $865 Avg Rent/Sq ft: $0.84 Avg Rent $760 $865 $1010 Net Avg Rent $760 $865 $1010 Rent PFS $0.94 $0.82 $0.81 Submarket: Collierville/Germantown Year Built: 1992 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Loeb Management Manager: Kirsten Johnson Vineyards, The (Germantown) 7109 Vineyard Way Germantown, TN 38138 Phone: 901-755-9394 Fax: 901-755-9324 #Bdrms #Apts 1 2 3 4 84 84 32 Avg Size 784 1189 1613 # Apt Homes: 200 Avg Size: 1087 Avg Rent: $1099 Net Avg Rent: $1099 Avg Rent/Sq ft: Avg Rent $898 $1166 $1448 Net Avg Rent $898 $1166 $1448 $1.01 Rent PFS $1.15 $0.98 $0.90 Submarket: Collierville/Germantown Year Built: 1997 Renovated: Financing: Conventional Mgt Firm: Sentinel Real Estate Corp Manager: Michele Summers Westminster Townhomes 6755 Poplar Avenue Germantown, TN 38138 Phone: 901-754-3366 Fax: 901-754-9557 # Apt Homes: 100 Avg Size: 1600 Avg Rent: $994 Net Avg Rent: $994 Avg Rent/Sq ft: $0.62 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Collierville/Germantown Year Built: 1966 Renovated: Financing: Conventional Storage Units Mgt Firm: H M Heckle & Company 30 70 1400 1686 $915 $1027 $915 $1027 http://www.forrent.com/ $0.65 $0.61 Manager: Chastity Wamble http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Cordova/Lakeland Property Detail Appling Lakes at Cordova Club 1392 Equestrian Drive Cordova, TN 38018 Phone: 901-755-6630 Fax: 901-755-6929 #Bdrms #Apts 1 2 3 4 112 261 79 Avg Size 787 1201 1439 # Apt Homes: 452 Avg Size: 1140 Avg Rent: Avg Rent $760 $960 $1130 $940 Net Avg Rent: $904 Avg Rent/Sq ft: $0.82 Net Avg Rent $718 $931 $1078 Rent PFS $0.97 $0.80 $0.79 Submarket: Cordova/Lakeland Year Built: 1997 Renovated: 2007 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Sagebrush Capital Management Manager: Connie Roebuck Bellevue Woods 1818 Timber Glen Drive West Cordova, TN 38016 Phone: 901-388-1888 Fax: 901-388-4201 #Bdrms #Apts 1 2 3 4 118 108 Avg Size 738 1252 Avg Rent $742 $1208 # Apt Homes: 226 Avg Size: 984 Avg Rent: $965 Net Avg Rent: $965 Avg Rent/Sq ft: $0.98 Net Avg Rent $742 $1208 Rent PFS $1.01 $0.96 Submarket: Cordova/Lakeland Year Built: 1990 Renovated: Financing: Conventional Mgt Firm: Bellevue Baptist Church Manager: Lynn Webb Carrington at Houston Levee 10041 Blue Rapid Lane Memphis, TN 38016 Phone: 901-309-6611 Fax: 901-309-6644 #Bdrms #Apts 1 2 3 4 96 112 18 Avg Size 860 1226 1486 # Apt Homes: 226 Avg Size: 1091 Avg Rent: Avg Rent $808 $1054 $1266 $966 Net Avg Rent: $966 Avg Rent/Sq ft: $0.89 Net Avg Rent $808 $1054 $1266 http://www.forrent.com/ Rent PFS $0.94 $0.86 $0.85 Submarket: Cordova/Lakeland Year Built: 2008 Renovated: Financing: Conventional Storage Units Mgt Firm: Davis Development LLC Manager: Teri Kirby http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Cordova/Lakeland Property Detail Cedar Ridge Patio Homes 6977 Amberly Village Drive Cordova, TN 38018 Phone: 901-382-3230 Fax: 901-382-3204 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 138 Avg Size: 1100 Avg Rent: $850 Net Avg Rent: $799 Avg Rent/Sq ft: $0.77 Avg Rent Net Avg Rent Rent PFS Submarket: Cordova/Lakeland Year Built: 1978 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: H M Heckle & Company 138 1100 $850 $799 $0.77 Manager: Chris Ezell Champion Hills at Stonebridge 2918 Champions Drive Lakeland, TN 38002 Phone: 901-937-0190 Fax: 901-937-1400 #Bdrms #Apts 1 2 3 4 120 280 32 Avg Size 830 1146 1460 # Apt Homes: 432 Avg Size: 1081 Avg Rent: Avg Rent $708 $812 $1107 $805 Net Avg Rent: $805 Avg Rent/Sq ft: $0.74 Net Avg Rent $708 $812 $1107 Rent PFS $0.85 $0.71 $0.76 Submarket: Cordova/Lakeland Year Built: 1998 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Rhonda Brown Cordova Creek 7965 Humphreys Hill Drive Cordova, TN 38016 Phone: 901-755-3934 Fax: 901-759-3421 # Apt Homes: 196 Avg Size: 1092 Avg Rent: $778 Net Avg Rent: $778 Avg Rent/Sq ft: $0.71 #Bdrms #Apts 1 2 3 4 40 156 Avg Size 780 1172 Avg Rent $669 $806 Net Avg Rent $669 $806 Rent PFS $0.86 $0.69 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Cordova/Lakeland Year Built: 1986 Renovated: Financing: Conventional Storage Units Mgt Firm: Sentinel Real Estate Corp Manager: Amanda Bohoric http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Cordova/Lakeland Property Detail Country Squire 8056 Country Squire Lane Cordova, TN 38018 Phone: 901-756-4272 Fax: 901-756-6080 #Bdrms #Apts 1 2 3 4 216 510 Avg Size 791 1033 # Apt Homes: 726 Avg Size: 961 Avg Rent: $746 Net Avg Rent: $1000 Avg Rent/Sq ft: Avg Rent $689 $771 Net Avg Rent $300 $1297 $0.78 Rent PFS $0.87 $0.75 Submarket: Cordova/Lakeland Year Built: 1987 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Greg Harris Grove at Trinity Pointe 555 Wood Arbor Parkway Cordova, TN 38018 Phone: 901-756-1906 Fax: 901-756-1908 #Bdrms #Apts 1 2 3 4 222 172 70 Avg Size 725 1061 1289 # Apt Homes: 464 Avg Size: 935 Avg Rent: $712 Net Avg Rent: $681 Avg Rent/Sq ft: $0.76 Avg Rent $619 $752 $907 Net Avg Rent $581 $721 $899 Rent PFS $0.85 $0.71 $0.70 Submarket: Cordova/Lakeland Year Built: 1986 Renovated: Financing: Conventional Mgt Firm: RAM Partners, LLC Manager: Alicia Lankford Houston Levee 9940 Paddle Wheel Drive Cordova, TN 38016 Phone: 901-382-8182 Fax: 901-382-8131 # Apt Homes: 289 Avg Size: 1139 Avg Rent: $866 Net Avg Rent: $866 Avg Rent/Sq ft: $0.76 #Bdrms #Apts 1 2 3 4 96 129 64 Avg Size 1009 1134 1343 Avg Rent $747 $870 $1035 Net Avg Rent $747 $870 $1035 http://www.woodyardrealty.com/ Rent PFS $0.74 $0.77 $0.77 Submarket: Cordova/Lakeland Year Built: 2001 Renovated: Financing: Conventional Storage Units Mgt Firm: Riverstone Residential Group Manager: Courtney Jones http://www.corelogic.com/ http://www.cort.com/ Cordova/Lakeland Property Detail Lincoln at Wolfchase 2460 Vintage Drive Cordova, TN 38016 Phone: 901-380-0188 Fax: 901-380-1994 #Bdrms #Apts 1 2 3 4 216 180 12 Avg Size 778 1098 1250 # Apt Homes: 408 Avg Size: 933 Avg Rent: Avg Rent $733 $904 $1224 $823 Net Avg Rent: $823 Avg Rent/Sq ft: $0.88 Net Avg Rent $733 $904 $1224 Rent PFS $0.94 $0.82 $0.98 Submarket: Cordova/Lakeland Year Built: 1999 Renovated: 2005 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: RAM Partners, LLC Manager: Beth Howard Mid America Student Housing 1975 E. Beaman Circle Cordova, TN 38018 Phone: 901-381-9255 Fax: 901-381-9557 #Bdrms #Apts 1 2 3 4 8 44 92 Avg Size 812 1107 1334 # Apt Homes: 144 Avg Size: 1236 Avg Rent: $605 Net Avg Rent: $605 Avg Rent/Sq ft: $0.49 Avg Rent $475 $565 $635 Net Avg Rent $475 $565 $635 Rent PFS $0.58 $0.51 $0.48 Submarket: Cordova/Lakeland Year Built: 2006 Renovated: Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Sarah Shepherd, CAM Park's Edge at Shelby Farms 536 Shelby Grove Drive Cordova, TN 38018 Phone: 901-759-0770 Fax: 901-759-0772 #Bdrms #Apts 1 2 3 4 198 196 48 Avg Size 822 1179 1452 # Apt Homes: 442 Avg Size: 1049 Avg Rent: Avg Rent $759 $965 $1231 $901 Net Avg Rent: $901 Avg Rent/Sq ft: $0.86 Net Avg Rent $759 $965 $1231 http://www.forrent.com/ Rent PFS $0.92 $0.82 $0.85 Submarket: Cordova/Lakeland Year Built: 1997 Renovated: 2006 Financing: Conventional Storage Units Mgt Firm: NTS Development Company Manager: Kerie Petroff http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Cordova/Lakeland Property Detail Registry at Wolfchase 1810 W. Wolfchase Circle Cordova, TN 38016 Phone: 901-752-3811 Fax: 901-752-8797 #Bdrms #Apts 1 2 3 4 96 326 90 Avg Size 761 1135 1261 # Apt Homes: 512 Avg Size: 1087 Avg Rent: Avg Rent $750 $940 $1120 $936 Net Avg Rent: $936 Avg Rent/Sq ft: $0.86 Net Avg Rent $750 $940 $1120 Rent PFS $0.99 $0.83 $0.89 Submarket: Cordova/Lakeland Year Built: 1997 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Nikole Kirkland Reserve at Dexter Lake 1505 Dexter Lake Drive Cordova, TN 38016 Phone: 901-737-7990 Fax: 901-737-7991 #Bdrms #Apts 1 2 3 4 230 446 64 Avg Size 957 1126 1298 # Apt Homes: 740 Avg Size: 1088 Avg Rent: Avg Rent $706 $750 $1020 $760 Net Avg Rent: $760 Avg Rent/Sq ft: $0.70 Net Avg Rent $706 $750 $1020 Rent PFS $0.74 $0.67 $0.79 Submarket: Cordova/Lakeland Year Built: 2000 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Amanda Hall Stonebridge Crossing 9135 Morning Ridge Road Cordova, TN 38016 Phone: 901-386-7473 Fax: 901-372-4810 # Apt Homes: 500 Avg Size: 901 Avg Rent: $846 Net Avg Rent: $846 Avg Rent/Sq ft: $0.94 #Bdrms #Apts 1 2 3 4 196 242 62 Avg Size 705 978 1224 Avg Rent $707 $922 $989 Net Avg Rent $707 $922 $989 Rent PFS $1.00 $0.94 $0.81 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Cordova/Lakeland Year Built: 1994 Renovated: Financing: Conventional Storage Units Mgt Firm: Merion Realty Services, LLC Manager: Christian Axness http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Cordova/Lakeland Property Detail Trinity Lakes 7935 Club Drive Cordova, TN 38016 Phone: 901-755-4574 Fax: 901-755-4609 #Bdrms #Apts 1 2 3 4 256 284 Avg Size 734 1035 # Apt Homes: 540 Avg Size: 892 Avg Rent: $671 Net Avg Rent: $671 Avg Rent/Sq ft: $0.75 Avg Rent $608 $729 Net Avg Rent $608 $729 Rent PFS $0.83 $0.70 Submarket: Cordova/Lakeland Year Built: 1986 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: CLK Multifamily Management, LLC Manager: Richard Kirkpatrick Villas at Cordova 8546 Prestine Loop Cordova, TN 38018 Phone: 901-759-5954 Fax: 901-759-5957 #Bdrms #Apts 1 2 3 4 80 112 64 Avg Size 788 1149 1421 # Apt Homes: 256 Avg Size: 1104 Avg Rent: Avg Rent $836 $999 $1226 $1005 Net Avg Rent: $966 Avg Rent/Sq ft: $0.91 Net Avg Rent $810 $999 $1101 Rent PFS $1.06 $0.87 $0.86 Submarket: Cordova/Lakeland Year Built: 2002 Renovated: Financing: Conventional Storage Units Mgt Firm: Empirian Property Management Manager: Emily Kirk Walnut Hill # Apt Homes: 8920 Walnut Grove Road Cordova, TN 38018 Phone: 901-754-1121 Fax: 901-624-8235 Avg Size: 360 1087 Avg Rent: $949 Net Avg Rent: $949 Avg Rent/Sq ft: $0.87 #Bdrms #Apts 1 2 3 4 84 228 48 Avg Size 855 1111 1380 Avg Rent $799 $952 $1199 Net Avg Rent $799 $952 $1199 http://www.woodyardrealty.com/ Rent PFS $0.93 $0.86 $0.87 Submarket: Cordova/Lakeland Year Built: 2001 Renovated: Financing: Conventional Storage Units Mgt Firm: Riverstone Residential Group Manager: Courtney Wilson http://www.corelogic.com/ http://www.cort.com/ Downtown Property Detail Adler Apartments 267 South Main Street Memphis, TN 38103 Phone: 901-523-2914 Fax: #Bdrms #Apts 1 2 3 4 17 2 Avg Size 699 843 # Apt Homes: 19 Avg Size: 714 Avg Rent: $746 Net Avg Rent: $746 Avg Rent/Sq ft: $1.04 Avg Rent $722 $950 Net Avg Rent $722 $950 Rent PFS $1.03 $1.13 Submarket: Downtown Year Built: 1900 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Sandy Gorman Arbors of Harbor Town 671 Harbor Edge Drive Memphis, TN 38103 Phone: 901-526-0322 Fax: 901-526-0354 #Bdrms #Apts 1 2 3 4 139 174 32 Avg Size 740 1045 1554 # Apt Homes: 345 Avg Size: 969 Avg Rent: Avg Rent $783 $976 $1372 $935 Net Avg Rent: $935 Avg Rent/Sq ft: $0.96 Net Avg Rent $783 $976 $1372 Rent PFS $1.06 $0.93 $0.88 Submarket: Downtown Year Built: 1991 Renovated: 2011 Financing: Conventional Mgt Firm: Gables Residential Manager: Tonia Bertoldo Belle Harbour # Apt Homes: 1298 Mount Hope Drive Memphis, TN 38103 Phone: 901-543-8335 Fax: 901-543-8336 #Bdrms #Apts 1 2 3 4 116 81 20 Avg Size 826 1265 1351 Avg Size: Avg Rent $966 $1357 $1494 217 1038 Avg Rent: $1161 Net Avg Rent: $1115 Avg Rent/Sq ft: $1.12 Net Avg Rent $903 $1326 $1494 http://www.forrent.com/ Rent PFS $1.17 $1.07 $1.11 Submarket: Downtown Year Built: 2001 Renovated: Financing: Conventional Storage Units Mgt Firm: Sentinel Real Estate Corp Manager: Kelsey Macke http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Downtown Property Detail Blair Tower Apartments 810 Washington Avenue Memphis, TN 38105 Phone: 901-521-9400 Fax: 901-525-7405 #Bdrms #Apts 1 2 3 4 147 44 # Apt Homes: 191 Avg Size: 703 Avg Rent: $658 Net Avg Rent: $658 Avg Rent/Sq ft: $0.94 Avg Size 640 914 Avg Rent $610 $818 Net Avg Rent $610 $818 Rent PFS $0.95 $0.89 Submarket: Downtown Year Built: 1963 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Equity Management, Inc. Manager: Heather Stallings Central Station Apartments # Apt Homes: 545 S. Main Street Memphis, TN 38103 Phone: 901-529-0390 Fax: 901-529-0394 #Bdrms #Apts 1 2 3 4 21 38 Avg Size: 59 1068 Avg Rent: $931 Net Avg Rent: $931 Avg Rent/Sq ft: $0.87 Avg Size 866 1180 Avg Rent $815 $995 Net Avg Rent $815 $995 Rent PFS $0.94 $0.84 Submarket: Downtown Year Built: 1913 Renovated: 1999 Financing: Conventional Mgt Firm: H M Heckle & Company Manager: Myralia Montgomery Court Square Center # Apt Homes: 62 N. Main Street Memphis, TN 38103 Phone: 901-517-1625 Fax: 901-528-1952 #Bdrms #Apts 1 2 3 4 24 48 3 Avg Size 1132 1200 1332 Avg Size: Avg Rent $1000 $1350 $2750 75 1184 Avg Rent: $1294 Net Avg Rent: $1294 Avg Rent/Sq ft: $1.09 Net Avg Rent $1000 $1350 $2750 Rent PFS $0.88 $1.12 $2.06 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Downtown Year Built: 2009 Renovated: Financing: Conventional Storage Units Mgt Firm: Freeman Real Estate Company Manager: Della Adams http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Downtown Property Detail Edison Park Apartments 567 Jefferson Avenue Memphis, TN 38105 Phone: 901-523-8112 Fax: 901-522-1573 #Bdrms #Apts 1 2 3 4 142 123 46 Avg Size 539 843 1147 # Apt Homes: 311 Avg Size: 749 Avg Rent: $589 Net Avg Rent: $589 Avg Rent/Sq ft: $0.79 Avg Rent $527 $606 $733 Net Avg Rent $527 $606 $733 Rent PFS $0.98 $0.72 $0.64 Submarket: Downtown Year Built: 1973 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Martha Melton Estates at River Pointe, The 1445 River Estates Drive Memphis, TN 38103 Phone: 901-544-7077 Fax: 901-544-7099 #Bdrms #Apts 1 2 3 4 208 168 24 Avg Size 748 1092 1368 # Apt Homes: 400 Avg Size: 929 Avg Rent: Avg Rent $885 $1157 $1405 $1030 Net Avg Rent: $961 Avg Rent/Sq ft: $1.11 Net Avg Rent $833 $1056 $1405 Rent PFS $1.18 $1.06 $1.03 Submarket: Downtown Year Built: 2000 Renovated: Financing: Conventional Mgt Firm: Sentinel Real Estate Corp Manager: Teresa Green, CAM Exchange Building Apartments 9 North Second Street Memphis, TN 38103 Phone: 901-527-0244 Fax: 901-527-9541 #Bdrms #Apts 1 2 3 4 150 45 4 Avg Size 677 729 1500 # Apt Homes: 199 Avg Size: 705 Avg Rent: Avg Rent $636 $675 $1600 $664 Net Avg Rent: $664 Avg Rent/Sq ft: $0.94 Net Avg Rent $636 $675 $1600 http://www.woodyardrealty.com/ Rent PFS $0.94 $0.93 $1.07 Submarket: Downtown Year Built: 1910 Renovated: 1996 Financing: Tax Credit Storage Units Mgt Firm: Owner Managed Manager: No Manager http://www.corelogic.com/ http://www.cort.com/ Downtown Property Detail Gayoso House 130 S. Front Street Memphis, TN 38103 Phone: 901-523-0555 Fax: 901-523-7231 #Bdrms #Apts 1 2 3 4 128 28 Avg Size 637 882 # Apt Homes: 156 Avg Size: 681 Avg Rent: $721 Net Avg Rent: $721 Avg Rent/Sq ft: $1.06 Avg Rent $680 $907 Net Avg Rent $680 $907 Rent PFS $1.07 $1.03 Submarket: Downtown Year Built: 1844 Renovated: 1995 Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Sandy Gorman Greenlaw Place Apartments # Apt Homes: 148 Mill Avenue Memphis, TN 38107 Phone: 901-527-1670 Fax: 901-527-1117 #Bdrms #Apts 1 2 3 4 34 36 18 Avg Size 795 1074 1408 Avg Size: 88 1035 Avg Rent: $655 Net Avg Rent: $655 Avg Rent/Sq ft: $0.63 Avg Rent $562 $677 $787 Net Avg Rent $562 $677 $787 Rent PFS $0.71 $0.63 $0.56 Submarket: Downtown Year Built: 2003 Renovated: Financing: Tax Credit Mgt Firm: ALCO Management Manager: Raychel Griffin Island Park & Harbor Town Square 1440 Island Park Drive Memphis, TN 38103 Phone: 901-523-7900 Fax: 901-523-2909 #Bdrms #Apts 1 2 3 4 176 121 3 Avg Size 874 1149 1597 # Apt Homes: 300 Avg Size: 992 Avg Rent: Avg Rent $865 $1091 $1652 $964 Net Avg Rent: $964 Avg Rent/Sq ft: $0.97 Net Avg Rent $865 $1091 $1652 http://www.forrent.com/ Rent PFS $0.99 $0.95 $1.03 Submarket: Downtown Year Built: 1998 Renovated: Financing: Conventional Storage Units Mgt Firm: Sentinel Real Estate Corp Manager: Gretchen Preuett http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Downtown Property Detail Jefferson Place 560 S. Jefferson Place Memphis, TN 38105 Phone: 901-529-8841 Fax: 901-529-8807 #Bdrms #Apts 1 2 3 4 33 32 Avg Size 748 1000 # Apt Homes: 65 Avg Size: 872 Avg Rent: $796 Net Avg Rent: $796 Avg Rent/Sq ft: $0.91 Avg Rent $730 $865 Net Avg Rent $729 $865 Rent PFS $0.98 $0.86 Submarket: Downtown Year Built: 1971 Renovated: 1996 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Judy Morrow Metro 67 # Apt Homes: 67 Madison Avenue Memphis, TN 38103 Phone: 901-578-2630 Fax: 901-578-2588 #Bdrms #Apts 1 2 3 4 48 23 8 Avg Size 720 1349 1740 Avg Size: Avg Rent $965 $1787 $2200 79 1006 Avg Rent: $1329 Net Avg Rent: $1294 Avg Rent/Sq ft: $1.32 Net Avg Rent $965 $1723 $2031 Rent PFS $1.34 $1.32 $1.26 Submarket: Downtown Year Built: 2009 Renovated: Financing: Conventional Mgt Firm: Fogelman Management Group Manager: Anna Laura Shelton Number 10 Main Street 10 South Main Street Memphis, TN 38103 Phone: 901-543-8356 Fax: 901-543-8351 #Bdrms #Apts 1 2 3 4 56 59 Avg Size 870 1286 Avg Rent $898 $1295 # Apt Homes: 115 Avg Size: 1083 Avg Rent: $1101 Net Avg Rent: $1101 Avg Rent/Sq ft: $1.02 Net Avg Rent $898 $1295 Rent PFS $1.03 $1.01 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Downtown Year Built: 2001 Renovated: Financing: Conventional Storage Units Mgt Firm: Ambassador Management, LLC Manager: Greta Hollingsworth http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Downtown Property Detail Owens Place Townhouses # Apt Homes: 291 Pontotoc Avenue Memphis, TN 38103 Phone: 901-528-9090 Fax: 901-528-0109 #Bdrms #Apts 1 2 3 4 16 39 26 Avg Size 690 928 1282 Avg Size: 81 995 Avg Rent: $646 Net Avg Rent: $646 Avg Rent/Sq ft: $0.65 Avg Rent $530 $645 $720 Net Avg Rent $530 $645 $720 Rent PFS $0.77 $0.70 $0.56 Submarket: Downtown Year Built: 2001 Renovated: 2001 Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Ambassador Management, LLC Manager: Tiffany Johnson Pembroke Square 130 S. Front Street Memphis, TN 38103 Phone: 901-523-0555 Fax: 901-523-7231 #Bdrms #Apts 1 2 3 4 43 2 Avg Size 915 1380 # Apt Homes: 45 Avg Size: 936 Avg Rent: Avg Rent $949 $1400 $969 Net Avg Rent: $969 Avg Rent/Sq ft: $1.04 Net Avg Rent $949 $1400 Rent PFS $1.04 $1.01 Submarket: Downtown Year Built: 1844 Renovated: 1995 Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Sandy Gorman Renaissance Apartments 99 N Main Street Memphis, TN 38103 Phone: 901-527-6331 Fax: 901-527-8057 # Apt Homes: 216 Avg Size: 660 Avg Rent: $714 Net Avg Rent: $714 Avg Rent/Sq ft: $1.08 #Bdrms #Apts 1 2 3 4 180 36 Avg Size 562 1150 Avg Rent $662 $975 Net Avg Rent $662 $975 http://www.woodyardrealty.com/ Rent PFS $1.18 $0.85 Submarket: Downtown Year Built: 1968 Renovated: 2010 Financing: Conventional Storage Units Mgt Firm: Whitney Management Corporation Manager: Sandy Gestring http://www.corelogic.com/ http://www.cort.com/ Downtown Property Detail Riverset 100 Riverset Lane Memphis, TN 38103 Phone: 901-526-6629 Fax: 901-526-9394 #Bdrms #Apts 1 2 3 4 268 232 Avg Size 773 1080 # Apt Homes: 500 Avg Size: 915 Avg Rent: $885 Net Avg Rent: $761 Avg Rent/Sq ft: $0.97 Avg Rent $802 $980 Net Avg Rent $681 $853 http://www.forrent.com/ Rent PFS $1.04 $0.91 Submarket: Downtown Year Built: 1990 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: KPH Development Manager: RoseAnn Hogue http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ East Property Detail Allison Arms 427 North Graham #20 Memphis, TN 38122 Phone: 901-458-4632 Fax: 901-458-4632 call #Bdrms #Apts 1 2 3 4 6 28 2 Avg Size 640 882 1150 # Apt Homes: 36 Submarket: East Avg Size: 857 Year Built: 1964 Avg Rent: $641 Net Avg Rent: $626 Avg Rent/Sq ft: $0.75 Avg Rent $525 $657 $755 Net Avg Rent $585 $626 $755 Rent PFS $0.82 $0.74 $0.66 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Arthur Ghobadi Arbors River Oaks 225 Arbor Commons Circle Memphis, TN 38120 Phone: 901-747-2011 Fax: 901-747-2606 #Bdrms #Apts 1 2 3 4 60 99 32 Avg Size 821 1172 1615 # Apt Homes: 191 Submarket: East Avg Size: 1136 Year Built: 1990 Avg Rent: $990 Net Avg Rent: $990 Avg Rent/Sq ft: $0.87 Avg Rent $816 $992 $1308 Net Avg Rent $816 $992 $1308 Rent PFS $0.99 $0.85 $0.81 Renovated: 2002 Financing: Conventional Mgt Firm: Hawthorne Residential Manager: Lacy Hinders Blair House # Apt Homes: 491 North Highland Street Memphis, TN 38122 Phone: 901-452-2411 Fax: 901-454-5813 Avg Size: 64 1011 Avg Rent: $718 Net Avg Rent: $718 Avg Rent/Sq ft: $0.71 #Bdrms #Apts 1 2 3 4 10 37 17 Avg Size 650 947 1362 Avg Rent $581 $685 $870 Net Avg Rent $581 $685 $870 http://www.forrent.com/ Rent PFS $0.89 $0.72 $0.64 Submarket: East Year Built: 1965 Renovated: 2008 Financing: Tax Credit Storage Units Mgt Firm: LEDIC Management Group Manager: Holly Moore http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ East Property Detail Butterfield Village 1300 Lynnfield Road Memphis, TN 38119 Phone: 901-761-2312 Fax: 901-761-2591 #Bdrms #Apts 1 2 3 4 23 145 68 Avg Size 827 1088 1458 Avg Rent $847 $987 $1191 # Apt Homes: 236 Submarket: East Avg Size: 1170 Year Built: 1966 Avg Rent: $1032 Net Avg Rent: $1032 Avg Rent/Sq ft: $0.88 Net Avg Rent $847 $987 $1191 Rent PFS $1.02 $0.91 $0.82 Renovated: 2010 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Bell Partners, LLC Manager: Betty Johnson-May, ARM French Village 4045 Summer Avenue #1 Memphis, TN 38122 Phone: 901-452-6653 Fax: 901-320-7079 #Bdrms #Apts 1 2 3 4 64 170 10 Avg Size 750 950 1150 # Apt Homes: 244 Submarket: East Avg Size: 906 Year Built: 1980 Avg Rent: $485 Net Avg Rent: $390 Avg Rent/Sq ft: $0.54 Avg Rent $430 $495 $655 Net Avg Rent $350 $395 $550 Rent PFS $0.57 $0.52 $0.57 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Telisa Carroll - Sanders Harmony Woods # Apt Homes: 3384 Harmony Court Memphis, TN 38122 Phone: 901-327-2290 Fax: 901-327-2292 Avg Size: 80 1126 Avg Rent: $640 Net Avg Rent: $586 Avg Rent/Sq ft: $0.57 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: East Year Built: 2005 Renovated: Financing: Tax Credit Storage Units Mgt Firm: American Apartment Management 26 54 1067 1154 $525 $695 $525 $615 $0.49 $0.60 http://www.cfgonline.com/aboutCFG/index.cfm Manager: Jane Sasseen http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ East Property Detail Hunters Trace Apartments 1730 Hunters Trace Drive Memphis, TN 38120 Phone: 901-756-8000 Fax: 901-753-9798 Avg Size 619 945 #Bdrms #Apts 1 2 3 4 120 72 # Apt Homes: 192 Submarket: East Avg Size: 741 Year Built: 1984 Avg Rent: $786 Net Avg Rent: $726 Avg Rent/Sq ft: $1.06 Avg Rent $727 $883 Net Avg Rent $677 $808 Rent PFS $1.17 $0.93 Renovated: 1996 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Janice Haley Kirby Station 6653 North Quail Hollow Memphis, TN 38120 Phone: 901-756-1805 Fax: 901-756-8606 #Bdrms #Apts 1 2 3 4 225 146 Avg Size 726 1004 # Apt Homes: 371 Submarket: East Avg Size: 835 Year Built: 1978 Avg Rent: $724 Net Avg Rent: $724 Avg Rent/Sq ft: $0.87 Avg Rent $657 $826 Net Avg Rent $657 $826 Rent PFS $0.90 $0.82 Renovated: 2005 Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Lori Alvarado, CAM Lynnfield Place 5900 Cedar Forest Drive Memphis, TN 38119 Phone: 901-761-2304 Fax: 901-761-2151 # Apt Homes: 401 Submarket: East Avg Size: 1163 Year Built: 1973 Avg Rent: $789 Net Avg Rent: $754 Avg Rent/Sq ft: $0.68 #Bdrms #Apts 1 2 3 4 48 248 105 Avg Size 760 1127 1432 Avg Rent $649 $777 $881 Net Avg Rent $581 $734 $881 http://www.woodyardrealty.com/ Rent PFS $0.85 $0.69 $0.62 Renovated: Financing: Conventional Storage Units Mgt Firm: Fogelman Management Group Manager: Amy Glaspie, ARM http://www.corelogic.com/ http://www.cort.com/ East Property Detail Madison at Cypress Lakes 6860 Quince Road Memphis, TN 38119 Phone: 901-756-7926 Fax: 901-756-8203 #Bdrms #Apts 1 2 3 4 204 798 Avg Size 660 1004 # Apt Homes: 1002 Submarket: East Avg Size: 934 Year Built: 1985 Avg Rent: $740 Net Avg Rent: $740 Avg Rent/Sq ft: $0.79 Avg Rent $660 $760 Net Avg Rent $660 $760 Rent PFS $1.00 $0.76 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Madison Apartment Group Manager: Suzette Quarles Madison Humphrey's Center # Apt Homes: 330 North Humphreys Blvd Memphis, TN 38120 Phone: 901-747-9000 Fax: 901-747-9010 #Bdrms #Apts 1 2 3 4 104 166 30 Avg Size 888 1116 1448 Avg Size: 300 1070 Avg Rent: $955 Net Avg Rent: $927 Avg Rent/Sq ft: $0.89 Avg Rent $835 $976 $1249 Net Avg Rent $785 $958 $1249 Rent PFS $0.94 $0.87 $0.86 Submarket: East Year Built: 2000 Renovated: Financing: Conventional Mgt Firm: Fogelman Management Group Manager: Courtney Rader Mendenhall Gardens 553 N. Mendenhall Road Memphis, TN 38117 Phone: 901-684-1599 Fax: 901-684-6601 # Apt Homes: 82 Submarket: East Avg Size: 982 Year Built: 1958 Avg Rent: $810 Net Avg Rent: $810 Avg Rent/Sq ft: $0.82 #Bdrms #Apts 1 2 3 4 25 40 17 Avg Size 783 983 1274 Avg Rent $688 $826 $954 Net Avg Rent $688 $826 $954 http://www.forrent.com/ Rent PFS $0.88 $0.84 $0.75 Renovated: Financing: Tax Credit Storage Units Mgt Firm: LEDIC Management Group Manager: David Buck http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ East Property Detail Mendenwood Apartments 777 Mt Moriah #13 Memphis, TN 38117 Phone: 901-682-4505 Fax: 901-682-2213 #Bdrms #Apts 1 2 3 4 30 72 16 Avg Size 630 850 1000 # Apt Homes: 118 Submarket: East Avg Size: 814 Year Built: 1964 Avg Rent: $484 Net Avg Rent: $484 Avg Rent/Sq ft: $0.59 Avg Rent $438 $492 $540 Net Avg Rent $438 $492 $540 Rent PFS $0.70 $0.58 $0.54 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Patricia Brusseau Park Estate, The # Apt Homes: 980 Catbird Court Memphis, TN 38119 Phone: 901-767-8686 Fax: 901-767-4246 #Bdrms #Apts 1 2 3 4 16 52 14 Avg Size 915 1300 1750 82 Avg Size: Avg Rent $935 $1050 $1305 1302 Avg Rent: $1071 Net Avg Rent: $1071 Avg Rent/Sq ft: $0.82 Net Avg Rent $935 $1050 $1305 Rent PFS $1.02 $0.81 $0.75 Submarket: East Year Built: 1975 Renovated: 2001 Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Martha Killen Poplar Pines 1867 Poplar Pines Drive Memphis, TN 38119 Phone: 901-755-3720 Fax: 901-869-5661 #Bdrms #Apts 1 2 3 4 98 1 Avg Size 800 1600 # Apt Homes: 99 Submarket: East Avg Size: 808 Year Built: 1975 Avg Rent: Avg Rent $699 $1020 $702 Net Avg Rent: $702 Avg Rent/Sq ft: $0.87 Net Avg Rent $699 $1020 Rent PFS $0.87 $0.64 http://www.cfgonline.com/aboutCFG/index.cfm Renovated: Financing: Conventional Storage Units Mgt Firm: H M Heckle & Company Manager: Dan Maninczak http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ East Property Detail Poplar Pines West 1867 Poplar Pines Drive Memphis, TN 38119 Phone: 901-755-3720 Fax: 901-869-5661 #Bdrms #Apts 1 2 3 4 34 1 Avg Size 750 1550 # Apt Homes: 35 Submarket: East Avg Size: 773 Year Built: 1975 Avg Rent: $725 Net Avg Rent: $725 Avg Rent/Sq ft: $0.94 Avg Rent $699 $1600 Net Avg Rent $699 $1600 Rent PFS $0.93 $1.03 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Dan Malinczak Poplar Place Townhomes 1669 Randolph Place Memphis, TN 38120 Phone: 901-761-2250 Fax: 901-761-1509 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 220 Submarket: East Avg Size: 1383 Year Built: 1975 Avg Rent: $819 Net Avg Rent: $819 Avg Rent/Sq ft: $0.59 Avg Rent Net Avg Rent Rent PFS Renovated: Financing: Conventional Storage Units Mgt Firm: GMH Capital Partners Asset Service, LP 176 44 1327 1606 $788 $940 $788 $940 $0.59 $0.59 Manager: Mindy Rogers Ridgeway Commons 6033 Bangalore Court Memphis, TN 38119 Phone: 901-767-1830 Fax: 901-682-0951 #Bdrms #Apts 1 2 3 4 11 77 34 5 Avg Size 750 1027 1600 1600 # Apt Homes: 127 Submarket: East Avg Size: 1179 Year Built: 1969 Avg Rent: Avg Rent $675 $724 $934 $1045 $789 Net Avg Rent: $785 Avg Rent/Sq ft: $0.67 Net Avg Rent $675 $718 $934 $1045 http://www.woodyardrealty.com/ Rent PFS $0.90 $0.70 $0.58 $0.65 Renovated: Financing: Conventional Storage Units Mgt Firm: CLK Multifamily Management, LLC Manager: Jamie Cox http://www.corelogic.com/ http://www.cort.com/ East Property Detail Summereast Apartments 810 Bartlett Road Memphis, TN 38122 Phone: 901-682-9977 Fax: 901-866-4555 #Bdrms #Apts 1 2 3 4 16 104 Avg Size 670 855 # Apt Homes: 120 Submarket: East Avg Size: 831 Year Built: 1968 Avg Rent: $556 Net Avg Rent: $556 Avg Rent/Sq ft: $0.67 Avg Rent $495 $565 Net Avg Rent $495 $565 Rent PFS $0.74 $0.66 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Shelia Henderson Waring Park Apartments 4435 Powell Avenue Memphis, TN 38122 Phone: 901-761-0274 Fax: 901-761-7758 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 84 Submarket: East Avg Size: 795 Year Built: 1942 Avg Rent: $473 Net Avg Rent: $473 Avg Rent/Sq ft: $0.59 Avg Rent Net Avg Rent Rent PFS Renovated: 1954 Financing: Conventional Storage Units Mgt Firm: H M Heckle & Company 84 795 $473 $473 http://www.forrent.com/ $0.59 Manager: Jason Morat http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Frayser Property Detail Annie's Apartments & Townhomes 2603 Pojest Drive Memphis, TN 38127 Phone: 901-357-1758 Fax: 901-353-9341 #Bdrms #Apts 1 2 3 4 2 196 2 Avg Size 854 1043 1320 # Apt Homes: 200 Avg Size: 1044 Avg Rent: $578 Net Avg Rent: $578 Avg Rent/Sq ft: $0.55 Avg Rent $459 $578 $720 Net Avg Rent $459 $578 $720 Rent PFS $0.54 $0.55 $0.55 Submarket: Frayser Year Built: 1975 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Ruth Taylor Appletree North 1743 Ontario Avenue Memphis, TN 38127 Phone: 901-357-4163 Fax: 901-357-9818 #Bdrms #Apts 1 2 3 4 12 56 2 Avg Size 650 750 850 # Apt Homes: 70 Avg Size: 736 Avg Rent: $428 Net Avg Rent: $400 Avg Rent/Sq ft: $0.58 Avg Rent $385 $435 $505 Net Avg Rent $385 $399 $505 Rent PFS $0.59 $0.58 $0.59 Submarket: Frayser Year Built: 1964 Renovated: 1989 Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Cynthia Nesbitt Appletree South 1743 Ontario Avenue Memphis, TN 38127 Phone: 901-357-4163 Fax: 901-357-9818 # Apt Homes: 57 Avg Size: 852 Avg Rent: $456 Net Avg Rent: $456 Avg Rent/Sq ft: $0.54 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Frayser Year Built: 1978 Renovated: 1988 Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC 56 1 850 950 $455 $505 $455 $505 http://www.forrent.com/ $0.54 $0.53 Manager: Cynthia Nesbitt http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Frayser Property Detail Bayou Square 3236 Millington Road Memphis, TN 38127 Phone: 901-357-0306 Fax: 901-353-0234 #Bdrms #Apts 1 2 3 4 12 72 Avg Size 490 800 # Apt Homes: 84 Avg Size: 756 Avg Rent: $418 Net Avg Rent: $418 Avg Rent/Sq ft: $0.55 Avg Rent $375 $425 Net Avg Rent $375 $425 Rent PFS $0.77 $0.53 Submarket: Frayser Year Built: 1964 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Lynnette Harris Beacon Manor Apartments 3929 Barbourville Drive #2 Memphis, TN 38127 Phone: 901-353-7002 Fax: 901-353-7002 #Bdrms #Apts 1 2 3 4 25 35 12 Avg Size 500 720 840 # Apt Homes: 72 Avg Size: 664 Avg Rent: $447 Net Avg Rent: $357 Avg Rent/Sq ft: $0.67 Avg Rent $375 $460 $560 Net Avg Rent $299 $349 $499 Rent PFS $0.75 $0.64 $0.67 Submarket: Frayser Year Built: 1965 Renovated: Financing: Conventional Mgt Firm: Rose Investments Manager: Florence Reaves Buena Vista Apartments 3433 North Trezevant #15 Memphis, TN 38127 Phone: 901-590-4725 Fax: # Apt Homes: 62 Avg Size: 738 Avg Rent: $483 Net Avg Rent: $423 Avg Rent/Sq ft: $0.65 #Bdrms #Apts 1 2 3 4 8 54 Avg Size 600 759 Avg Rent $425 $492 Net Avg Rent $359 $433 Rent PFS $0.71 $0.65 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Frayser Year Built: 1977 Renovated: Financing: Conventional Storage Units Mgt Firm: Owner Managed Manager: Sharon Wells http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Frayser Property Detail Carriage House 1145 Frayser Boulevard #1 Memphis, TN 38127 Phone: 901-357-5100 Fax: 901-357-2853 #Bdrms #Apts 1 2 3 4 7 142 7 Avg Size 582 828 1074 # Apt Homes: 156 Avg Size: 828 Avg Rent: $436 Net Avg Rent: $401 Avg Rent/Sq ft: $0.53 Avg Rent $359 $435 $525 Net Avg Rent $359 $399 $475 Rent PFS $0.62 $0.53 $0.49 Submarket: Frayser Year Built: 1969 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Judy Gundrum Corning Village Apartments 3595 Steele Street Memphis, TN 38127 Phone: 901-353-1447 Fax: 901-358-0550 #Bdrms #Apts 1 2 3 4 12 120 3 Avg Size 616 877 1098 # Apt Homes: 135 Avg Size: 859 Avg Rent: $617 Net Avg Rent: $617 Avg Rent/Sq ft: $0.72 Avg Rent $537 $621 $755 Net Avg Rent $537 $621 $755 Rent PFS $0.87 $0.71 $0.69 Submarket: Frayser Year Built: 1972 Renovated: 2008 Financing: Tax Credit Mgt Firm: Alpha Property Management Manager: Tyrone Avery Crockett Park Place Apartments # Apt Homes: 2645 Davey Drive Memphis, TN 38127 Phone: 901-357-6206 Fax: 901-358-0871 Avg Size: 84 1444 Avg Rent: $741 Net Avg Rent: $741 Avg Rent/Sq ft: $0.51 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Frayser Year Built: 2005 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Ambassador Management, LLC 20 32 32 1200 1440 1600 $650 $740 $800 $650 $740 $800 http://www.woodyardrealty.com/ $0.54 $0.51 $0.50 Manager: Regina Velloza http://www.corelogic.com/ http://www.cort.com/ Frayser Property Detail Forest Park 3350 Frayser Manor Drive #1 Memphis, TN 38127 Phone: 901-353-3397 Fax: 901-353-1276 #Bdrms #Apts 1 2 3 4 49 34 19 Avg Size 667 880 1050 Avg Rent $399 $460 $525 # Apt Homes: 102 Avg Size: 809 Avg Rent: $443 Net Avg Rent: $443 Avg Rent/Sq ft: $0.55 Net Avg Rent $399 $460 $525 Rent PFS $0.60 $0.52 $0.50 Submarket: Frayser Year Built: 1970 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Katrina Johnson Greenbriar Apartments 3131 Madewell Drive Memphis, TN 38127 Phone: 901-358-3026 Fax: 901-358-6532 #Bdrms #Apts 1 2 3 4 16 128 64 Avg Size 630 728 994 # Apt Homes: 208 Avg Size: 802 Avg Rent: $558 Net Avg Rent: $558 Avg Rent/Sq ft: $0.70 Avg Rent $443 $524 $656 Net Avg Rent $443 $524 $656 Rent PFS $0.70 $0.72 $0.66 Submarket: Frayser Year Built: 1972 Renovated: 2008 Financing: Tax Credit Mgt Firm: ALCO Management Manager: Nancy Jones Hilldale Apartments 3500 Westline Drive Memphis , TN 38127 Phone: 901-382-2400 Fax: 901-382-0763 # Apt Homes: 148 Avg Size: 891 Avg Rent: $525 Net Avg Rent: $525 Avg Rent/Sq ft: $0.59 #Bdrms #Apts 1 2 3 4 24 108 16 Avg Size 783 900 996 Avg Rent $461 $525 $617 Net Avg Rent $461 $525 $617 http://www.forrent.com/ Rent PFS $0.59 $0.58 $0.62 Submarket: Frayser Year Built: 1972 Renovated: 2008 Financing: Tax Credit Storage Units Mgt Firm: TESCO Properties Manager: Monica Shumpert http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Frayser Property Detail New Breezy Point Apartments 2801 Raja Road Memphis, TN 38127 Phone: 901-358-1328 Fax: 901-353-5645 #Bdrms #Apts 1 2 3 4 33 94 44 Avg Size 514 779 968 # Apt Homes: 171 Avg Size: 776 Avg Rent: $551 Net Avg Rent: $551 Avg Rent/Sq ft: $0.71 Avg Rent $404 $504 $761 Net Avg Rent $404 $504 $761 Rent PFS $0.79 $0.65 $0.79 Submarket: Frayser Year Built: 1973 Renovated: 2007 Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Linda Field Pershing Park Apartments 3707 Pershing Park Memphis, TN 38127 Phone: 901-357-7731 Fax: 901-357-7904 #Bdrms #Apts 1 2 3 4 40 80 40 Avg Size 554 712 904 # Apt Homes: 160 Avg Size: 721 Avg Rent: $462 Net Avg Rent: $462 Avg Rent/Sq ft: $0.64 Avg Rent $412 $498 $439 Net Avg Rent $412 $498 $439 Rent PFS $0.74 $0.70 $0.49 Submarket: Frayser Year Built: 1970 Renovated: Financing: Conventional Mgt Firm: ALCO Management Manager: Tammy Davis Pleasant View 3157 Steele Street Memphis, TN 38127 Phone: 901-358-5007 Fax: 901-358-5014 # Apt Homes: 252 Avg Size: 747 Avg Rent: $467 Net Avg Rent: $467 Avg Rent/Sq ft: $0.63 88 114 Avg Size 640 740 Avg Rent $395 $475 Net Avg Rent $395 $475 Rent PFS $0.62 $0.64 50 950 $575 $575 $0.61 #Bdrms #Apts 1 2 3 4 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Frayser Year Built: 1964 Renovated: Financing: Conventional Storage Units Mgt Firm: Urban Investments Group LLC Manager: Property Manager http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Frayser Property Detail Ridgecrest Apartments 2881 Rangeline Road Memphis, TN 38127 Phone: 901-353-4691 Fax: 901-357-0752 #Bdrms #Apts 1 2 3 4 80 112 Avg Size 542 750 # Apt Homes: 192 Avg Size: 663 Avg Rent: $519 Net Avg Rent: $519 Avg Rent/Sq ft: $0.78 Avg Rent $491 $539 Net Avg Rent $491 $539 Rent PFS $0.91 $0.72 Submarket: Frayser Year Built: Renovated: Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: TESCO Properties Manager: Lisa Gooden Rolling Hills Apartments 2818 Green Terrace Drive Memphis, TN 38127 Phone: 901-357-4340 Fax: 901-358-5828 #Bdrms #Apts 1 2 3 4 18 96 24 Avg Size 553 774 974 # Apt Homes: 138 Avg Size: 780 Avg Rent: $515 Net Avg Rent: $515 Avg Rent/Sq ft: $0.66 Avg Rent $437 $485 $691 Net Avg Rent $437 $485 $691 Rent PFS $0.79 $0.63 $0.71 Submarket: Frayser Year Built: 1975 Renovated: 2007 Financing: Tax Credit Mgt Firm: ALCO Management Manager: Martha Murray Shannon Falls # Apt Homes: 3221 North Thomas #5 Memphis, TN 38127 Phone: 901-357-0306 Fax: 901-357-0234 Avg Size: 88 672 Avg Rent: $442 Net Avg Rent: $442 Avg Rent/Sq ft: $0.66 #Bdrms #Apts 1 2 3 4 13 74 1 Avg Size 477 704 830 Avg Rent $399 $449 $475 Net Avg Rent $399 $449 $475 http://www.woodyardrealty.com/ Rent PFS $0.84 $0.64 $0.57 Submarket: Frayser Year Built: 1950 Renovated: Financing: Conventional Storage Units Mgt Firm: LEDIC Management Group Manager: Lynnette Harris http://www.corelogic.com/ http://www.cort.com/ Frayser Property Detail Timber Pines 1749 Gowan Road Memphis, TN 38127 Phone: 901-357-5475 Fax: 901-357-5410 #Bdrms #Apts 1 2 3 4 10 104 Avg Size 650 810 # Apt Homes: 114 Avg Size: 796 Avg Rent: $418 Net Avg Rent: $418 Avg Rent/Sq ft: $0.53 Avg Rent $385 $421 Net Avg Rent $385 $421 Rent PFS $0.59 $0.52 Submarket: Frayser Year Built: 1978 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Whitney Manor Apartments 3081 Saint Charles Drive #3 Memphis, TN 38127 Phone: 901-358-2128 Fax: 901-354-3900 #Bdrms #Apts 1 2 3 4 16 40 40 Avg Size 630 780 780 # Apt Homes: 96 Avg Size: 755 Avg Rent: $438 Net Avg Rent: $438 Avg Rent/Sq ft: $0.58 Avg Rent $325 $395 $525 Net Avg Rent $325 $395 $525 Rent PFS $0.52 $0.51 $0.67 Submarket: Frayser Year Built: 1968 Renovated: 2008 Financing: Conventional Mgt Firm: Group 40 LLC Manager: Katrina Johnson Woodglen Village # Apt Homes: 2820 Hibiscus Lane Memphis, TN 38127 Phone: 901-353-0919 Fax: 901-353-0689 Avg Size: 72 1036 Avg Rent: $633 Net Avg Rent: $633 Avg Rent/Sq ft: $0.61 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Frayser Year Built: 2005 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Hayes Gibson International 30 42 916 1121 $575 $675 $575 $675 http://www.forrent.com/ $0.63 $0.60 Manager: Ebony Hamphill http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Jackson, TN Property Detail Bradford Chase 24 Williamsburg Village Drive Jackson, TN 38305 Phone: 731-668-2000 Fax: 731-668-2026 #Bdrms #Apts 1 2 3 4 88 48 12 Avg Size 691 980 1134 Avg Rent $565 $630 $920 # Apt Homes: 148 Avg Size: 820 Avg Rent: $615 Net Avg Rent: $615 Avg Rent/Sq ft: $0.75 Net Avg Rent $565 $630 $920 Rent PFS $0.82 $0.64 $0.81 Submarket: Jackson, TN Year Built: 1987 Renovated: 2001 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Lanie Smith Camellia Trace Apartment Homes 100 Trace Drive Jackson, TN 38305 Phone: 731-512-1011 Fax: #Bdrms #Apts 1 2 3 4 80 80 52 Avg Size 782 1080 1413 # Apt Homes: 212 Avg Size: 1049 Avg Rent: Avg Rent $680 $763 $809 $743 Net Avg Rent: $743 Avg Rent/Sq ft: $0.71 Net Avg Rent $680 $763 $809 Rent PFS $0.87 $0.71 $0.57 Submarket: Jackson, TN Year Built: 2001 Renovated: Financing: Conventional Mgt Firm: Freeman Webb Management Manager: Angie Byers Chapel Ridge of Jackson 100 Chapel Ridge Drive Jackson, TN 38305 Phone: 731-265-1919 Fax: 731-265-1944 # Apt Homes: 124 Avg Size: 962 Avg Rent: $665 Net Avg Rent: $665 Avg Rent/Sq ft: $0.69 #Bdrms #Apts 1 2 3 4 16 56 48 4 Avg Size 675 912 1085 1333 Avg Rent $520 $639 $723 $935 Net Avg Rent $520 $639 $723 $935 http://www.forrent.com/ Rent PFS $0.77 $0.70 $0.67 $0.70 Submarket: Jackson, TN Year Built: 2004 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lynd Company Manager: Venessa Bryan http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Jackson, TN Property Detail Cherry Grove Apartments 299 Walker Road Jackson, TN 38305 Phone: 731-664-4427 Fax: 731-664-8334 #Bdrms #Apts 1 2 3 4 64 240 76 Avg Size 775 1050 1200 # Apt Homes: 380 Avg Size: 1034 Avg Rent: $715 Net Avg Rent: $715 Avg Rent/Sq ft: $0.69 Avg Rent $649 $699 $819 Net Avg Rent $649 $699 $819 Rent PFS $0.84 $0.67 $0.68 Submarket: Jackson, TN Year Built: 1994 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Freeman Webb Management Manager: Amanda Barber Oaks, The 842 North Parkway Jackson, TN 38305 Phone: 731-422-6334 Fax: 731-427-6021 #Bdrms #Apts 1 2 3 4 40 48 12 Avg Size 720 911 1250 # Apt Homes: 100 Avg Size: 875 Avg Rent: $559 Net Avg Rent: $559 Avg Rent/Sq ft: $0.64 Avg Rent $502 $562 $735 Net Avg Rent $502 $562 $735 Rent PFS $0.70 $0.62 $0.59 Submarket: Jackson, TN Year Built: 1977 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Lora Brown Post House Jackson 26 Rachel Drive Jackson, TN 38305 Phone: 731-664-7221 Fax: 731-664-6008 # Apt Homes: 150 Avg Size: 1078 Avg Rent: $688 Net Avg Rent: $688 Avg Rent/Sq ft: $0.64 #Bdrms #Apts 1 2 3 4 16 94 40 Avg Size 712 1030 1339 Avg Rent $550 $627 $888 Net Avg Rent $550 $627 $888 Rent PFS $0.77 $0.61 $0.66 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Jackson, TN Year Built: 1986 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Nita Kemker http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Jackson, TN Property Detail Post House North 26 Revere Circle Jackson, TN 38305 Phone: 731-668-3281 Fax: 731-668-8449 #Bdrms #Apts 1 2 3 4 32 96 16 Avg Size 721 1001 1339 # Apt Homes: 144 Avg Size: 976 Avg Rent: $650 Net Avg Rent: $650 Avg Rent/Sq ft: $0.67 Avg Rent $586 $646 $800 Net Avg Rent $586 $646 $800 Rent PFS $0.81 $0.65 $0.60 Submarket: Jackson, TN Year Built: 1986 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Patricia Arthur Ridge at Jackson Apartments, The # Apt Homes: 100 Rich Smith Way Jackson, TN 38301 Phone: 731-256-8184 Fax: 731-256-8185 #Bdrms #Apts 1 2 3 4 14 30 44 Avg Size 734 1060 1230 Avg Size: 88 1093 Avg Rent: $588 Net Avg Rent: $588 Avg Rent/Sq ft: $0.54 Avg Rent $448 $556 $655 Net Avg Rent $448 $556 $655 Rent PFS $0.61 $0.52 $0.53 Submarket: Jackson, TN Year Built: 2007 Renovated: Financing: Tax Credit Mgt Firm: Rich Smith Management, LLC Manager: Kelly Wiggins Woods of Post House 39 Thistlewood Drive Jackson, TN 38305 Phone: 731-661-9800 Fax: 731-661-9440 # Apt Homes: 122 Avg Size: 973 Avg Rent: $660 Net Avg Rent: $660 Avg Rent/Sq ft: $0.68 #Bdrms #Apts 1 2 3 4 69 17 36 Avg Size 776 1016 1329 Avg Rent $548 $667 $871 Net Avg Rent $548 $667 $871 http://www.woodyardrealty.com/ Rent PFS $0.71 $0.66 $0.66 Submarket: Jackson, TN Year Built: 1996 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Jill Parsons http://www.corelogic.com/ http://www.cort.com/ Mid-town Property Detail Ascension Tower 3910 Stuart Road Memphis, TN 38111 Phone: 901-454-1108 Fax: 901-458-8288 #Bdrms #Apts 1 2 3 4 194 Avg Size 519 # Apt Homes: 194 Avg Size: 519 Avg Rent: $496 Net Avg Rent: $496 Avg Rent/Sq ft: $0.96 Avg Rent $496 Net Avg Rent $496 Rent PFS $0.96 Submarket: Mid-town Year Built: 1971 Renovated: 2007 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Fountainbleau Management Services, LLC Manager: Elizabeth Hart Atlantic Oaks Apartments # Apt Homes: 1098 Atlantic Street Memphis, TN 38112 Phone: 901-454-9942 Fax: 901-458-7582 #Bdrms #Apts 1 2 3 4 17 70 3 1 Avg Size 690 927 1077 1700 Avg Size: 91 896 Avg Rent: $493 Net Avg Rent: $426 Avg Rent/Sq ft: $0.55 Avg Rent $445 $495 $625 $800 Net Avg Rent $385 $425 $600 $700 Rent PFS $0.64 $0.53 $0.58 $0.47 Submarket: Mid-town Year Built: 1947 Renovated: 2002 Financing: Conventional Storage Units Mgt Firm: Ambassador Management, LLC Manager: Anita Washington Audubon Downs 2639 Central Avenue Memphis, TN 38104 Phone: 901-458-3566 Fax: 901-458-0016 # Apt Homes: 100 Avg Size: 918 Avg Rent: $526 Net Avg Rent: $526 Avg Rent/Sq ft: $0.57 #Bdrms #Apts 1 2 3 4 40 60 Avg Size 840 970 Avg Rent $495 $546 Net Avg Rent $495 $546 http://www.forrent.com/ Rent PFS $0.59 $0.56 Submarket: Mid-town Year Built: 1950 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Brenda Aaron, ARM http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Mid-town Property Detail Bristol on Union 205 Pasedena Place Memphis, TN 38104 Phone: 901-278-0995 Fax: 901-278-0993 #Bdrms #Apts 1 2 3 4 142 70 8 Avg Size 682 1178 1463 # Apt Homes: 220 Avg Size: 868 Avg Rent: Avg Rent $835 $1235 $1614 $990 Net Avg Rent: $990 Avg Rent/Sq ft: $1.14 Net Avg Rent $835 $1235 $1614 Rent PFS $1.22 $1.05 $1.10 Submarket: Mid-town Year Built: 2003 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Sentinel Real Estate Corp Manager: Monnie Speed Campus View Properties 3606 Walker Avenue Memphis, TN 38111 Phone: 901-324-0448 Fax: 901-324-1873 #Bdrms #Apts 1 2 3 4 89 114 2 Avg Size 604 780 1000 # Apt Homes: 205 Avg Size: 705 Avg Rent: $542 Net Avg Rent: $542 Avg Rent/Sq ft: $0.77 Avg Rent $473 $594 $630 Net Avg Rent $473 $594 $630 Rent PFS $0.78 $0.76 $0.63 Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Mgt Firm: H M Heckle & Company Manager: Nancy Thayer Cherokee Cabana 3204 Sharpe Avenue Memphis, TN 38111 Phone: 901-744-8761 Fax: 901-745-0507 # Apt Homes: 104 Avg Size: 875 Avg Rent: $507 Net Avg Rent: $507 Avg Rent/Sq ft: $0.58 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Mid-town Year Built: 1970 Renovated: Financing: Conventional Storage Units Mgt Firm: Fogelman Management Group 104 875 $507 $507 $0.58 http://www.cfgonline.com/aboutCFG/index.cfm Manager: Sally B. Robinson http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Mid-town Property Detail Cherry Gardens # Apt Homes: 4350 Dunn Memphis, TN 38111 Phone: 901-744-4420 Fax: 901-744-7459 #Bdrms #Apts 1 2 3 4 Avg Size Avg Size: 50 988 Avg Rent: $499 Net Avg Rent: $499 Avg Rent/Sq ft: $0.51 Avg Rent Net Avg Rent Rent PFS Submarket: Mid-town Year Built: 1950 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC 28 22 900 1100 $459 $549 $459 $549 $0.51 $0.50 Manager: Tammera McAllister Chickasaw Place Apartments 203 East Red Oak Drive Memphis, TN 38112 Phone: 901-454-1725 Fax: 901-327-1323 #Bdrms #Apts 1 2 3 4 32 120 88 32 Avg Size 512 657 808 1001 # Apt Homes: 272 Avg Size: 729 Avg Rent: $717 Net Avg Rent: $717 Avg Rent/Sq ft: $0.98 Avg Rent $558 $631 $805 $953 Net Avg Rent $558 $631 $805 $953 Rent PFS $1.09 $0.96 $1.00 $0.95 Submarket: Mid-town Year Built: 1970 Renovated: Financing: Conventional Mgt Firm: ALCO Management Manager: Mary Herron Commons at Brentwood # Apt Homes: 640 Aspire Lane Memphis, TN 38111 Phone: 901-458-6077 Fax: 901-458-6026 Avg Size: 80 1077 Avg Rent: $659 Net Avg Rent: $659 Avg Rent/Sq ft: $0.61 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Mid-town Year Built: 2002 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Ambassador Management, LLC 39 9 32 965 1135 1197 $612 $665 $715 $612 $665 $715 http://www.woodyardrealty.com/ $0.63 $0.59 $0.60 Manager: Mary Thomas http://www.corelogic.com/ http://www.cort.com/ Mid-town Property Detail Continental Apartments 1422 Lamar Avenue Memphis, TN 38104 Phone: 901-274-8810 Fax: 901-274-8221 #Bdrms #Apts 1 2 3 4 12 432 10 Avg Size 706 1132 1605 # Apt Homes: 454 Avg Size: 1131 Avg Rent: $650 Net Avg Rent: $650 Avg Rent/Sq ft: $0.57 Avg Rent $500 $650 $850 Net Avg Rent $500 $650 $850 Rent PFS $0.71 $0.57 $0.53 Submarket: Mid-town Year Built: 1968 Renovated: 1975 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Janice Garrett Forest Pines 1566 Stribling Memphis, TN 38111 Phone: 901-744-7361 Fax: 901-744-7459 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 68 Avg Size: 800 Avg Rent: $399 Net Avg Rent: $399 Avg Rent/Sq ft: $0.50 Avg Rent Net Avg Rent Rent PFS Submarket: Mid-town Year Built: 1953 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC 68 800 $399 $399 $0.50 Manager: Tammera McAllister Georgian Woods 2451 Union Avenue #2 Memphis, TN 38112 Phone: 901-458-7052 Fax: 901-452-1549 # Apt Homes: 100 Avg Size: 900 Avg Rent: $650 Net Avg Rent: $650 Avg Rent/Sq ft: $0.72 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Mid-town Year Built: 1945 Renovated: Financing: Conventional Storage Units Mgt Firm: H M Heckle & Company 100 900 $650 $650 http://www.forrent.com/ $0.72 Manager: Oteria Williams http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Mid-town Property Detail Highlander # Apt Homes: 461 S. Highland Street Memphis, TN 38111 Phone: 901-327-9971 Fax: 901-327-9917 #Bdrms #Apts 1 2 3 4 61 Avg Size 493 61 Avg Size: 493 Avg Rent: $411 Net Avg Rent: $411 Avg Rent/Sq ft: $0.83 Avg Rent $411 Net Avg Rent $411 Rent PFS $0.83 Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Brian Reintz Kenilworth Apartments 3389 Steve Road Memphis, TN 38111 Phone: 901-743-4982 Fax: 901-743-0134 #Bdrms #Apts 1 2 3 4 2 162 Avg Size 410 764 # Apt Homes: 164 Avg Size: 759 Avg Rent: $442 Net Avg Rent: $442 Avg Rent/Sq ft: $0.58 Avg Rent $335 $444 Net Avg Rent $335 $444 Rent PFS $0.82 $0.58 Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: LaTonya Brinson Kimbrough Towers 172 Kimbrough Place Memphis, TN 38104 Phone: 901-725-1109 Fax: 901-725-0194 #Bdrms #Apts 1 2 3 4 63 32 1 Avg Size 652 956 1471 # Apt Homes: 96 Avg Size: 762 Avg Rent: Avg Rent $550 $798 $1045 $638 Net Avg Rent: $638 Avg Rent/Sq ft: $0.84 Net Avg Rent $550 $798 $1045 Rent PFS $0.84 $0.83 $0.71 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Mid-town Year Built: 1939 Renovated: 2006 Financing: Conventional Storage Units Mgt Firm: Northland Investment Corporation Manager: Dusty Raiborn, CAM http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Mid-town Property Detail Luther Towers 274 South Highland Memphis, TN 38111 Phone: 901-323-3639 Fax: 901-327-0704 #Bdrms #Apts 1 2 3 4 196 Avg Size 459 # Apt Homes: 196 Avg Size: 459 Avg Rent: $510 Net Avg Rent: $510 Avg Rent/Sq ft: $1.11 Avg Rent $510 Net Avg Rent $510 Rent PFS $1.11 Submarket: Mid-town Year Built: 1971 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: PK Management Manager: Tara Collins Madison East Apartments 2780 Madison Avenue Memphis, TN 38111 Phone: 901-550-8933 Fax: 901-683-8004 #Bdrms #Apts 1 2 3 4 16 48 Avg Size 600 800 # Apt Homes: 64 Avg Size: 750 Avg Rent: $615 Net Avg Rent: $615 Avg Rent/Sq ft: $0.82 Avg Rent $540 $640 Net Avg Rent $540 $640 Rent PFS $0.90 $0.80 Submarket: Mid-town Year Built: 1965 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Carol Mathis Metropolitan Apartments 374 Mill Avenue Memphis, TN 38107 Phone: 901-527-1670 Fax: 901-527-1117 # Apt Homes: 114 Avg Size: 1083 Avg Rent: $651 Net Avg Rent: $651 Avg Rent/Sq ft: $0.60 #Bdrms #Apts 1 2 3 4 36 66 12 Avg Size 841 1159 1390 Avg Rent $558 $677 $785 Net Avg Rent $558 $677 $785 http://www.woodyardrealty.com/ Rent PFS $0.66 $0.58 $0.56 Submarket: Mid-town Year Built: 2004 Renovated: Financing: Tax Credit Storage Units Mgt Firm: ALCO Management Manager: Raychel Griffin http://www.corelogic.com/ http://www.cort.com/ Mid-town Property Detail Midtown Place 2095 Poplar Avenue #41A Memphis, TN 38104 Phone: 901-725-6090 Fax: 901-725-4148 #Bdrms #Apts 1 2 3 4 13 33 4 Avg Size 658 846 1250 # Apt Homes: 50 Avg Size: 830 Avg Rent: $713 Net Avg Rent: $713 Avg Rent/Sq ft: $0.86 Avg Rent $613 $730 $895 Net Avg Rent $613 $730 $895 Rent PFS $0.93 $0.86 $0.72 Submarket: Mid-town Year Built: 1920 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland Mimosa Gardens (Highlander) # Apt Homes: 3535 Poplar Avenue Memphis, TN 38111 Phone: 901-327-9971 Fax: 901-327-9917 #Bdrms #Apts 1 2 3 4 5 33 Avg Size 900 1200 Avg Size: 38 1161 Avg Rent: $607 Net Avg Rent: $607 Avg Rent/Sq ft: $0.52 Avg Rent $590 $609 Net Avg Rent $590 $609 Rent PFS $0.66 $0.51 Submarket: Mid-town Year Built: 1942 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Brian Reintz Overton Place Communities 1214 Overton Park Memphis, TN 38104 Phone: 901-276-3603 Fax: 901-272-0286 # Apt Homes: 120 Avg Size: 703 Avg Rent: $500 Net Avg Rent: $500 Avg Rent/Sq ft: $0.71 #Bdrms #Apts 1 2 3 4 74 46 Avg Size 580 900 Avg Rent $470 $549 Net Avg Rent $470 $549 http://www.forrent.com/ Rent PFS $0.81 $0.61 Submarket: Mid-town Year Built: 1975 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Keri King http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Mid-town Property Detail Park Lane (Midtown Place) # Apt Homes: 2095 Poplar #41A Memphis, TN 38104 Phone: 901-725-6090 Fax: 901-725-4148 #Bdrms #Apts 1 2 3 4 14 33 4 Avg Size 651 846 1250 51 Avg Size: 824 Avg Rent: $689 Net Avg Rent: $689 Avg Rent/Sq ft: $0.84 Avg Rent $602 $701 $895 Net Avg Rent $602 $701 $895 Rent PFS $0.92 $0.83 $0.72 Submarket: Mid-town Year Built: 1929 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland Riverbend Place Apartments 648 N. Main Street, Suite 101 Memphis, TN 38107 Phone: 901-577-1447 Fax: 901-372-9045 #Bdrms #Apts 1 2 3 4 6 6 18 Avg Size 800 933 1050 Avg Rent $536 $394 $648 # Apt Homes: 30 Avg Size: 977 Avg Rent: $575 Net Avg Rent: $575 Avg Rent/Sq ft: $0.59 Net Avg Rent $536 $394 $648 Rent PFS $0.67 $0.42 $0.62 Submarket: Mid-town Year Built: 2005 Renovated: Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Property Manager Robinhood Park Apartments 3717 Robin Park Circle Memphis, TN 38111 Phone: 901-744-1650 Fax: 901-744-3530 # Apt Homes: 104 Avg Size: 875 Avg Rent: $663 Net Avg Rent: $663 Avg Rent/Sq ft: $0.76 #Bdrms #Apts 1 2 3 4 18 22 40 24 Avg Size 655 822 927 1004 Avg Rent $475 $559 $680 $871 Net Avg Rent $475 $559 $680 $871 Rent PFS $0.73 $0.68 $0.73 $0.87 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Mid-town Year Built: 1978 Renovated: Financing: Tax Credit Storage Units Mgt Firm: ALCO Management Manager: Nancy Jones http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Mid-town Property Detail Rosecrest 45 South Idlewild Memphis, TN 38104 Phone: 901-278-2993 Fax: 901-276-5806 #Bdrms #Apts 1 2 3 4 55 37 Avg Size 668 856 # Apt Homes: 92 Avg Size: 744 Avg Rent: $641 Net Avg Rent: $641 Avg Rent/Sq ft: $0.86 Avg Rent $592 $714 Net Avg Rent $592 $714 Rent PFS $0.89 $0.83 Submarket: Mid-town Year Built: 1964 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Northland Investment Corporation Manager: Dusty Raiborn, CAM Sherwood Apartments 3667 Rhodes Avenue #1 Memphis, TN 38111 Phone: 901-323-9839 Fax: 901-323-0322 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 108 Avg Size: 1038 Avg Rent: $569 Net Avg Rent: $569 Avg Rent/Sq ft: $0.55 Avg Rent Net Avg Rent Rent PFS Submarket: Mid-town Year Built: 1974 Renovated: 2004 Financing: Conventional Mgt Firm: BL Realty LLC 58 50 967 1120 $513 $635 $513 $635 $0.53 $0.57 Manager: Yvette White St. Regis (Midtown Place) 2095 Poplar Avenue #41A Memphis, TN 38104 Phone: 901-725-6090 Fax: 901-725-4148 # Apt Homes: 46 Avg Size: 842 Avg Rent: $678 Net Avg Rent: $678 Avg Rent/Sq ft: $0.81 #Bdrms #Apts 1 2 3 4 30 16 Avg Size 757 1002 Avg Rent $630 $768 Net Avg Rent $630 $768 http://www.woodyardrealty.com/ Rent PFS $0.83 $0.77 Submarket: Mid-town Year Built: 1929 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland http://www.corelogic.com/ http://www.cort.com/ Mid-town Property Detail Stratford Place (Midtown Place) 2095 Poplar #41A Memphis, TN 38104 Phone: 901-725-6090 Fax: 901-725-4148 #Bdrms #Apts 1 2 3 4 25 11 Avg Size 611 763 # Apt Homes: 36 Avg Size: 657 Avg Rent: $618 Net Avg Rent: $618 Avg Rent/Sq ft: $0.94 Avg Rent $595 $670 Net Avg Rent $595 $670 Rent PFS $0.97 $0.88 Submarket: Mid-town Year Built: 1929 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland Tillman Cove Apartments (Thompson Courts) 3019 Tillman Cove #1 Memphis, TN 38112 Phone: 901-324-7343 Fax: 901-948-1898 #Bdrms #Apts 1 2 3 4 22 94 Avg Size 496 640 # Apt Homes: 116 Avg Size: 613 Avg Rent: $386 Net Avg Rent: $386 Avg Rent/Sq ft: $0.63 Avg Rent $325 $400 Net Avg Rent $325 $400 Rent PFS $0.66 $0.62 Submarket: Mid-town Year Built: 1950 Renovated: 1997 Financing: Tax Credit Mgt Firm: Platinum Management Manager: Shon Wilson Town House Apartments 1437 Central Avenue Memphis, TN 38104 Phone: 901-274-3596 Fax: 901-772-8534 166 Avg Size: 760 Avg Rent: $714 Net Avg Rent: $689 Avg Rent/Sq ft: $0.94 102 61 Avg Size 621 937 Avg Rent $632 $819 Net Avg Rent $602 $801 Rent PFS $1.02 $0.87 3 1902 $1375 $1375 $0.72 #Bdrms #Apts 1 2 3 4 # Apt Homes: http://www.forrent.com/ Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Storage Units Mgt Firm: Lexington Investments Manager: Julie Pruitt http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Mid-town Property Detail University Cabana 2059 Cabana Circle North Memphis, TN 38107 Phone: 901-276-4439 Fax: 901-274-3512 #Bdrms #Apts 1 2 3 4 73 371 Avg Size 615 774 # Apt Homes: 444 Avg Size: 748 Avg Rent: $480 Net Avg Rent: $480 Avg Rent/Sq ft: $0.64 Avg Rent $447 $487 Net Avg Rent $447 $487 Rent PFS $0.73 $0.63 Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Robert Beard University Crossing 3469 Southern Avenue Memphis, TN 38111 Phone: 901-327-6137 Fax: 901-327-9957 #Bdrms #Apts 1 2 3 4 16 131 Avg Size 650 940 # Apt Homes: 147 Avg Size: 909 Avg Rent: $521 Net Avg Rent: $521 Avg Rent/Sq ft: $0.57 Avg Rent $495 $524 Net Avg Rent $495 $524 Rent PFS $0.76 $0.56 Submarket: Mid-town Year Built: 1964 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Ashley Jones Venue, The 1387 Central Avenue Memphis, TN 38104 Phone: 901-276-3100 Fax: 901-276-3757 # Apt Homes: 160 Avg Size: 509 Avg Rent: $719 Net Avg Rent: $719 Avg Rent/Sq ft: $1.41 #Bdrms #Apts 1 2 3 4 140 20 Avg Size 494 616 Avg Rent $690 $925 Net Avg Rent $690 $925 Rent PFS $1.40 $1.50 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Mid-town Year Built: 1956 Renovated: 2005 Financing: Conventional Storage Units Mgt Firm: Woodyard Realty Corp. Manager: Sue Stovall http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Mid-town Property Detail Williamsburg Manor (Highlander) # Apt Homes: 67 South Prescott Memphis, TN 38111 Phone: 901-327-9971 Fax: 901-327-9917 #Bdrms #Apts 1 2 3 4 4 38 2 Avg Size 900 1200 1400 Avg Size: 44 1182 Avg Rent: $630 Net Avg Rent: $630 Avg Rent/Sq ft: $0.53 Avg Rent $590 $629 $725 Net Avg Rent $590 $629 $725 http://www.woodyardrealty.com/ Rent PFS $0.66 $0.52 $0.52 Submarket: Mid-town Year Built: 1942 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Owner Managed Manager: Brian Reintz http://www.corelogic.com/ http://www.cort.com/ North Mississippi Property Detail Annandale Gardens # Apt Homes: 10862 Nicholas Boulevard Olive Branch, MS 38654 Phone: 662-893-4749 Fax: 662-895-7806 #Bdrms #Apts 1 2 3 4 72 192 136 Avg Size 760 1025 1210 Avg Size: 400 1040 Avg Rent: $753 Net Avg Rent: $753 Avg Rent/Sq ft: $0.72 Avg Rent $630 $730 $850 Net Avg Rent $630 $730 $850 Rent PFS $0.83 $0.71 $0.70 Submarket: North Mississippi Year Built: 1999 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Multi-South Management Services Manager: Penny Ross Azalea Ridge Apartment 7480 Hwy 161 North Walls, MS 38680 Phone: 662-781-0506 Fax: 662-781-9070 #Bdrms #Apts 1 2 3 4 64 120 16 Avg Size 776 1029 1245 # Apt Homes: 200 Avg Size: 965 Avg Rent: $707 Net Avg Rent: $707 Avg Rent/Sq ft: $0.73 Avg Rent $630 $725 $885 Net Avg Rent $630 $725 $885 Rent PFS $0.81 $0.70 $0.71 Submarket: North Mississippi Year Built: 1998 Renovated: Financing: Conventional Mgt Firm: Buckingham Properties Manager: Assistant Manager Church Lake Apartments 5186 Church Lake Drive Southaven, MS 38671 Phone: 662-280-7300 Fax: 662-280-7347 # Apt Homes: 352 Avg Size: 924 Avg Rent: $793 Net Avg Rent: $719 Avg Rent/Sq ft: $0.86 #Bdrms #Apts 1 2 3 4 108 192 52 Avg Size 743 957 1182 Avg Rent $709 $809 $909 Net Avg Rent $650 $719 $859 http://www.forrent.com/ Rent PFS $0.95 $0.85 $0.77 Submarket: North Mississippi Year Built: 1997 Renovated: 2006 Financing: Conventional Storage Units Mgt Firm: Fogelman Management Group Manager: Joell Bunge http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ North Mississippi Property Detail Civic Center Apartments East 4744 W.E Ross Parkway Southaven, MS 38671 Phone: 662-280-9445 Fax: 662-280-9423 #Bdrms #Apts 1 2 3 4 80 224 80 Avg Size 812 1059 1271 # Apt Homes: 384 Avg Size: 1052 Avg Rent: $820 Net Avg Rent: $820 Avg Rent/Sq ft: $0.78 Avg Rent $716 $823 $916 Net Avg Rent $716 $823 $916 Rent PFS $0.88 $0.78 $0.72 Submarket: North Mississippi Year Built: 2005 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Samantha Ingram, CAM Civic Center Apartments West 4740 Highway 51 North Southaven, MS 38671 Phone: 662-342-4432 Fax: 662-342-4472 #Bdrms #Apts 1 2 3 4 160 192 40 Avg Size 749 1002 1242 # Apt Homes: 392 Avg Size: 923 Avg Rent: $769 Net Avg Rent: $769 Avg Rent/Sq ft: $0.83 Avg Rent $697 $797 $920 Net Avg Rent $697 $797 $920 Rent PFS $0.93 $0.80 $0.74 Submarket: North Mississippi Year Built: 2001 Renovated: Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Samatha Ingram, CAM Cypress Lakes 1632 Harrah's Parkway South Ex Robinsonville, MS 38664 Phone: 662-363-8005 Fax: 662-363-9796 #Bdrms #Apts 1 2 3 4 48 112 Avg Size 733 1063 Avg Rent $613 $715 # Apt Homes: 160 Avg Size: 964 Avg Rent: $685 Net Avg Rent: $685 Avg Rent/Sq ft: $0.71 Net Avg Rent $613 $715 Rent PFS $0.84 $0.67 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: North Mississippi Year Built: 2000 Renovated: Financing: Conventional Storage Units Mgt Firm: J S Property Management Manager: Casey Mounce, CAM http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ North Mississippi Property Detail Foxhaven # Apt Homes: 500 Rasco Road Southaven, MS 38671 Phone: 662-393-8900 Fax: 662-393-4918 #Bdrms #Apts 1 2 3 4 48 48 Avg Size 700 950 Avg Size: 96 825 Avg Rent: $569 Net Avg Rent: $569 Avg Rent/Sq ft: $0.69 Avg Rent $529 $609 Net Avg Rent $529 $609 Rent PFS $0.76 $0.64 Submarket: North Mississippi Year Built: 1972 Renovated: 1997 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Joyce Gillock Gateway Apartments 7101 North Tulane Road Horn Lake, MS 38637 Phone: 662-342-3400 Fax: 662-342-3405 #Bdrms #Apts 1 2 3 4 24 104 40 Avg Size 864 1135 1277 # Apt Homes: 168 Avg Size: 1130 Avg Rent: $621 Net Avg Rent: $621 Avg Rent/Sq ft: $0.55 Avg Rent $560 $610 $685 Net Avg Rent $560 $610 $685 Rent PFS $0.65 $0.54 $0.54 Submarket: North Mississippi Year Built: 1994 Renovated: Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Crystal Lewis Hamilton at Turman Farms 4375 US Hwy 51 N Horn Lake , MS 38637 Phone: 662-393-9545 Fax: 662-393-9579 # Apt Homes: 496 Avg Size: 1043 Avg Rent: $829 Net Avg Rent: $793 Avg Rent/Sq ft: $0.79 #Bdrms #Apts 1 2 3 4 144 256 96 Avg Size 830 1076 1274 Avg Rent $733 $847 $925 Net Avg Rent $686 $804 $925 http://www.woodyardrealty.com/ Rent PFS $0.88 $0.79 $0.73 Submarket: North Mississippi Year Built: 2007 Renovated: Financing: Conventional Storage Units Mgt Firm: LEDIC Management Group Manager: Billy Ross http://www.corelogic.com/ http://www.cort.com/ North Mississippi Property Detail Laurel Park Apartments 6800 Highway 161 Walls, MS 38680 Phone: 662-781-9275 Fax: 662-781-7878 #Bdrms #Apts 1 2 3 4 24 72 48 Avg Size 958 1150 1341 # Apt Homes: 144 Avg Size: 1182 Avg Rent: $592 Net Avg Rent: $592 Avg Rent/Sq ft: $0.50 Avg Rent $515 $585 $640 Net Avg Rent $515 $585 $640 Rent PFS $0.54 $0.51 $0.48 Submarket: North Mississippi Year Built: 2001 Renovated: Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Julie Pruitt Magnolias At Hernando 2321 McIngvale Road Hernando, MS 38632 Phone: 662-429-2009 Fax: 662-429-3477 #Bdrms #Apts 1 2 3 4 80 128 32 Avg Size 733 1018 1252 # Apt Homes: 240 Avg Size: 954 Avg Rent: $768 Net Avg Rent: $768 Avg Rent/Sq ft: $0.81 Avg Rent $665 $799 $900 Net Avg Rent $665 $799 $900 Rent PFS $0.91 $0.78 $0.72 Submarket: North Mississippi Year Built: 1999 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Paula Johnson Mallard Creek 7197 Mallard Creek Drive Horn Lake, MS 38637 Phone: 662-280-9001 Fax: 662-280-9003 # Apt Homes: 144 Avg Size: 1158 Avg Rent: $676 Net Avg Rent: $676 Avg Rent/Sq ft: $0.58 #Bdrms #Apts 1 2 3 4 24 88 32 Avg Size 870 1153 1387 Avg Rent $575 $650 $825 Net Avg Rent $575 $650 $825 http://www.forrent.com/ Rent PFS $0.66 $0.56 $0.59 Submarket: North Mississippi Year Built: 1997 Renovated: Financing: Conventional Storage Units Mgt Firm: LEDIC Management Group Manager: Crystal Lewis http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ North Mississippi Property Detail North Creek Apartments 8786 N. Creek Boulevard Southaven, MS 38671 Phone: 662-342-7774 Fax: 662-342-7764 #Bdrms #Apts 1 2 3 4 63 161 26 Avg Size 819 1001 1285 # Apt Homes: 250 Avg Size: 985 Avg Rent: $691 Net Avg Rent: $691 Avg Rent/Sq ft: $0.70 Avg Rent $675 $660 $925 Net Avg Rent $675 $660 $925 Rent PFS $0.82 $0.66 $0.72 Submarket: North Mississippi Year Built: 2002 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: J S Property Management Manager: Debra Simpson Oak Hollow Apartment Community # Apt Homes: 646 Whispering Oak Drive Southaven, MS 38671 Phone: 662-393-8181 Fax: 662-393-8119 #Bdrms #Apts 1 2 3 4 92 145 40 Avg Size 981 1115 1336 Avg Size: 277 1102 Avg Rent: $755 Net Avg Rent: $755 Avg Rent/Sq ft: $0.69 Avg Rent $642 $785 $905 Net Avg Rent $642 $785 $905 Rent PFS $0.65 $0.70 $0.68 Submarket: North Mississippi Year Built: 1998 Renovated: Financing: Conventional Mgt Firm: Dial Equities Manager: Megan Riggs Oakridge Patio Homes 7560 Chesteridge Southaven, MS 38671 Phone: 662-342-9000 Fax: 662-393-3902 # Apt Homes: 431 Avg Size: 872 Avg Rent: $604 Net Avg Rent: $604 Avg Rent/Sq ft: $0.69 #Bdrms #Apts 1 2 3 4 61 342 28 Avg Size 690 890 1049 Avg Rent $520 $610 $715 Net Avg Rent $520 $610 $715 Rent PFS $0.75 $0.69 $0.68 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: North Mississippi Year Built: 1996 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Standard Enterprise Manager: Property Manager http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ North Mississippi Property Detail Pecan Grove Apartments 7320 Highway 161 North Walls, MS 38680 Phone: 662-781-5500 Fax: 662-781-5505 #Bdrms #Apts 1 2 3 4 24 112 16 Avg Size 805 1050 1250 # Apt Homes: 152 Avg Size: 1032 Avg Rent: $746 Net Avg Rent: $746 Avg Rent/Sq ft: $0.72 Avg Rent $630 $755 $855 Net Avg Rent $630 $755 $855 Rent PFS $0.78 $0.72 $0.68 Submarket: North Mississippi Year Built: 1996 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: J S Property Management Manager: Denise Thompson Plantation Apartments 9305 Stateline Road Olive Branch, MS 38654 Phone: 662-895-5004 Fax: 662-893-2321 #Bdrms #Apts 1 2 3 4 64 224 48 Avg Size 805 1050 1250 # Apt Homes: 336 Avg Size: 1032 Avg Rent: $742 Net Avg Rent: $742 Avg Rent/Sq ft: $0.72 Avg Rent $680 $730 $880 Net Avg Rent $680 $730 $880 Rent PFS $0.84 $0.70 $0.70 Submarket: North Mississippi Year Built: 1996 Renovated: Financing: Conventional Mgt Firm: Heritage Properties Manager: Amy Stone, CAM River Pointe Apartments # Apt Homes: 11594 Old Highway 61 North Robinsonville, MS 38664 Phone: 662-363-4000 Fax: 662-363-4001 136 Avg Size: 1045 Avg Rent: $686 Net Avg Rent: $686 Avg Rent/Sq ft: $0.66 #Bdrms #Apts 1 2 3 4 16 104 16 Avg Size 805 1050 1250 Avg Rent $595 $685 $785 Net Avg Rent $595 $685 $785 http://www.woodyardrealty.com/ Rent PFS $0.74 $0.65 $0.63 Submarket: North Mississippi Year Built: 1995 Renovated: Financing: Conventional Storage Units Mgt Firm: J S Property Management Manager: Kathy Adams http://www.corelogic.com/ http://www.cort.com/ North Mississippi Property Detail Rocky Creek Apartments 7900 Rocky Creek Boulevard Southaven, MS 38671 Phone: 662-342-6002 Fax: 662-342-7962 #Bdrms #Apts 1 2 3 4 32 120 16 Avg Size 650 950 1150 Avg Rent $575 $645 $745 # Apt Homes: 168 Avg Size: 912 Avg Rent: $641 Net Avg Rent: $641 Avg Rent/Sq ft: $0.70 Net Avg Rent $575 $645 $745 Rent PFS $0.88 $0.68 $0.65 Submarket: North Mississippi Year Built: 1988 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Amy Harris Savannah Creek 385 Nail Road East Southaven, MS 38671 Phone: 662-349-3500 Fax: 662-349-0542 #Bdrms #Apts 1 2 3 4 68 112 24 Avg Size 1018 1200 1400 # Apt Homes: 204 Avg Size: 1163 Avg Rent: $734 Net Avg Rent: $734 Avg Rent/Sq ft: $0.63 Avg Rent $666 $740 $900 Net Avg Rent $666 $740 $900 Rent PFS $0.65 $0.62 $0.64 Submarket: North Mississippi Year Built: 1989 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Wendy McGuire, CAM Southcrest Lakes 101 Veranda Boulevard Southaven, MS 38671 Phone: 662-349-2709 Fax: 662-349-2710 # Apt Homes: 224 Avg Size: 946 Avg Rent: $720 Net Avg Rent: $720 Avg Rent/Sq ft: $0.76 #Bdrms #Apts 1 2 3 4 80 128 16 Avg Size 740 1030 1300 Avg Rent $649 $749 $849 Net Avg Rent $649 $749 $849 http://www.forrent.com/ Rent PFS $0.88 $0.73 $0.65 Submarket: North Mississippi Year Built: 1993 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Tracie McLain http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ North Mississippi Property Detail Sutton Place Apartment Homes 1000 Sutton Place Horn Lake, MS 38637 Phone: 662-349-5900 Fax: 662-349-5967 #Bdrms #Apts 1 2 3 4 85 120 48 Avg Size 925 1100 1200 # Apt Homes: 253 Avg Size: 1060 Avg Rent: $733 Net Avg Rent: $733 Avg Rent/Sq ft: $0.69 Avg Rent $623 $755 $870 Net Avg Rent $623 $755 $870 Rent PFS $0.67 $0.69 $0.72 Submarket: North Mississippi Year Built: 1991 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Karen Johnson, CAM Vineyards Apartments (Olive Branch) 9400 Goodman Road Olive Branch, MS 38654 Phone: 662-890-7220 Fax: 662-890-7221 #Bdrms #Apts 1 2 3 4 68 220 168 Avg Size 873 1149 1299 # Apt Homes: 456 Avg Size: 1163 Avg Rent: $914 Net Avg Rent: $914 Avg Rent/Sq ft: $0.79 Avg Rent $814 $897 $975 Net Avg Rent $814 $897 $975 Rent PFS $0.93 $0.78 $0.75 Submarket: North Mississippi Year Built: 1998 Renovated: 2007 Financing: Conventional Mgt Firm: Heritage Properties Manager: Kelly Womack Weatherstone # Apt Homes: 5404 Chance Drive North Horn Lake, MS 38637 Phone: 662-781-1091 Fax: 662-781-1246 Avg Size: 81 1113 Avg Rent: $765 Net Avg Rent: $765 Avg Rent/Sq ft: $0.69 #Bdrms #Apts 1 2 3 4 22 50 9 Avg Size 869 1156 1475 Avg Rent $667 $784 $897 Net Avg Rent $667 $784 $897 Rent PFS $0.77 $0.68 $0.61 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: North Mississippi Year Built: 2005 Renovated: Financing: Conventional Storage Units Mgt Firm: ALCO Management Manager: Yvette Miller http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ North Mississippi Property Detail Westwind Townhomes & Duplexes 1800 Joy Circle Horn Lake, MS 38637 Phone: 662-342-5070 Fax: 662-342-5716 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 231 Avg Size: 1144 Avg Rent: $822 Net Avg Rent: $813 Avg Rent/Sq ft: $0.72 Avg Rent Net Avg Rent Rent PFS Submarket: North Mississippi Year Built: 1983 Renovated: 2002 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: J S Property Management 143 88 1053 1291 $765 $915 $765 $890 http://www.woodyardrealty.com/ $0.73 $0.71 Manager: Kysha Rice http://www.corelogic.com/ http://www.cort.com/ Raleigh Property Detail Ashton Hills Apartments 4183 Troost Drive Memphis, TN 38128 Phone: 901-388-1766 Fax: 901-388-0199 #Bdrms #Apts 1 2 3 4 16 108 76 Avg Size 560 784 1044 # Apt Homes: 200 Avg Size: 865 Avg Rent: $543 Net Avg Rent: $543 Avg Rent/Sq ft: $0.63 Avg Rent $465 $515 $600 Net Avg Rent $465 $515 $600 Rent PFS $0.83 $0.66 $0.57 Submarket: Raleigh Year Built: 1972 Renovated: 2003 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Torri Reed Avery Park 4845 Bontura Drive Memphis, TN 38128 Phone: 901-386-1300 Fax: 901-371-2197 #Bdrms #Apts 1 2 3 4 20 171 40 Avg Size 576 821 1080 # Apt Homes: 231 Avg Size: 845 Avg Rent: $569 Net Avg Rent: $569 Avg Rent/Sq ft: $0.67 Avg Rent $425 $555 $699 Net Avg Rent $425 $555 $699 Rent PFS $0.74 $0.68 $0.65 Submarket: Raleigh Year Built: 1970 Renovated: Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Rico Myles Cedarwood Apartments 2880 Beverly Hills Road Memphis, TN 38128 Phone: 901-386-8396 Fax: 901-386-6136 # Apt Homes: 80 Avg Size: 950 Avg Rent: $525 Net Avg Rent: $525 Avg Rent/Sq ft: $0.55 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Raleigh Year Built: 1979 Renovated: Financing: Conventional Storage Units Mgt Firm: LEDIC Management Group 80 950 $525 $525 http://www.forrent.com/ $0.55 Manager: Debra McIntosh http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Raleigh Property Detail Country View Apartments 3990 Stephanie Lane Memphis, TN 38128 Phone: 901-386-6629 Fax: 901-388-1147 #Bdrms #Apts 1 2 3 4 115 174 45 Avg Size 643 867 1375 # Apt Homes: 334 Avg Size: 858 Avg Rent: $524 Net Avg Rent: $524 Avg Rent/Sq ft: $0.61 Avg Rent $458 $534 $658 Net Avg Rent $458 $534 $658 Rent PFS $0.71 $0.62 $0.48 Submarket: Raleigh Year Built: 1971 Renovated: 1985 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Sunshine Corporation Manager: Katrina Sellers Festival Square Apartments 3867 Pikes Peak Avenue Memphis, TN 38108 Phone: 901-650-8989 Fax: #Bdrms #Apts 1 2 3 4 8 16 14 Avg Size 600 850 1150 # Apt Homes: 38 Avg Size: 908 Avg Rent: $496 Net Avg Rent: $496 Avg Rent/Sq ft: $0.55 Avg Rent $400 $475 $575 Net Avg Rent $400 $475 $575 Rent PFS $0.67 $0.56 $0.50 Submarket: Raleigh Year Built: 1975 Renovated: 2006 Financing: Conventional Mgt Firm: Mid-South Residential Manager: Omar Dro Gardenwood Apartments 4787 Garden Grove Cove Memphis, TN 38128 Phone: 901-372-1314 Fax: 901-383-2254 # Apt Homes: 152 Avg Size: 959 Avg Rent: $544 Net Avg Rent: $544 Avg Rent/Sq ft: $0.57 #Bdrms #Apts 1 2 3 4 55 73 24 Avg Size 800 1000 1200 Avg Rent $435 $580 $685 Net Avg Rent $435 $580 $685 Rent PFS $0.54 $0.58 $0.57 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Raleigh Year Built: 1982 Renovated: 2006 Financing: Conventional Storage Units Mgt Firm: Pinnacle Management Services Manager: Misty Platt http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Raleigh Property Detail Goodwill Village Apartments # Apt Homes: 2510 Peres Avenue #3 Memphis, TN 38108 Phone: 901-458-3803 Fax: 901-458-3829 Avg Size 0 0 0 0 #Bdrms #Apts 1 2 3 4 32 56 84 28 Avg Size: 200 0 Avg Rent: $512 Net Avg Rent: $512 Avg Rent/Sq ft: Avg Rent $385 $460 $550 $650 Net Avg Rent $385 $460 $550 $650 Rent PFS Submarket: Raleigh Year Built: 1968 Renovated: 2007 Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Patricia Arnold Greenview Estates 4715 Hedges Drive Memphis, TN 38128 Phone: 901-377-0700 Fax: 901-377-0028 Avg Size #Bdrms #Apts 1 2 3 4 # Apt Homes: 158 Avg Size: 958 Avg Rent: $581 Net Avg Rent: $581 Avg Rent/Sq ft: $0.61 Avg Rent Net Avg Rent Rent PFS Submarket: Raleigh Year Built: 2000 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Pinnacle Management Services 120 38 901 1140 $560 $650 $560 $650 $0.62 $0.57 Manager: Netra Farris Jamesbridge 3815 North Advantage Way Drive Memphis, TN 38128 Phone: 901-372-2694 Fax: #Bdrms #Apts 1 2 3 4 238 194 Avg Size 687 919 # Apt Homes: 432 Avg Size: 791 Avg Rent: $578 Net Avg Rent: $578 Avg Rent/Sq ft: $0.73 Avg Rent $521 $648 Net Avg Rent $521 $648 http://www.woodyardrealty.com/ Rent PFS $0.76 $0.71 Submarket: Raleigh Year Built: 1983 Renovated: 2000 Financing: Conventional Storage Units Mgt Firm: The Apogee Company Manager: Paul Trimmer http://www.corelogic.com/ http://www.cort.com/ Raleigh Property Detail Jennifer Meadows 4800 Raleigh LaGrange Road Memphis, TN 38128 Phone: 901-386-8100 Fax: 901-386-7994 #Bdrms #Apts 1 2 3 4 64 128 32 Avg Size 744 974 1140 Avg Rent $550 $624 $775 # Apt Homes: 224 Avg Size: 932 Avg Rent: $624 Net Avg Rent: $624 Avg Rent/Sq ft: $0.67 Net Avg Rent $550 $624 $775 Rent PFS $0.74 $0.64 $0.68 Submarket: Raleigh Year Built: 1979 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Lexington Investments Manager: Bonnie Baker Keystone Landing Apartments 4266 Ridgestone Drive Memphis, TN 38128 Phone: 901-353-2884 Fax: 901-353-0684 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 100 Avg Size: 892 Avg Rent: $549 Net Avg Rent: $549 Avg Rent/Sq ft: $0.62 Avg Rent Net Avg Rent Rent PFS Submarket: Raleigh Year Built: 1973 Renovated: Financing: Conventional Mgt Firm: Hediger 50 50 840 943 $499 $599 $499 $599 $0.59 $0.64 Manager: Shantay Dandridge Lexington Apartments # Apt Homes: 4123 Aux Arms Drive Memphis, TN 38128 Phone: 901-388-2970 Fax: 901-385-8329 Avg Size: 90 901 Avg Rent: $508 Net Avg Rent: $508 Avg Rent/Sq ft: $0.56 #Bdrms #Apts 1 2 3 4 16 66 8 Avg Size 650 915 1283 Avg Rent $460 $507 $620 Net Avg Rent $460 $507 $620 http://www.forrent.com/ Rent PFS $0.71 $0.55 $0.48 Submarket: Raleigh Year Built: 1972 Renovated: Financing: Tax Credit Storage Units Mgt Firm: BL Realty LLC Manager: Tanya Williams http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Raleigh Property Detail Parkview Apartments 4616 Scott Crossing Drive Memphis, TN 38128 Phone: 901-386-8707 Fax: 901-386-9071 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 384 Avg Size: 900 Avg Rent: $485 Net Avg Rent: $485 Avg Rent/Sq ft: $0.54 Avg Rent Net Avg Rent Rent PFS Submarket: Raleigh Year Built: 1978 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Pinnacle Management Services 384 900 $485 $485 $0.54 Manager: Brenda Lee Raleigh Court Townhomes # Apt Homes: 4258 Greenhall Way Memphis, TN 38128 Phone: 901-458-7851 Fax: #Bdrms #Apts 1 2 3 4 Avg Size Avg Size: Avg Rent: Avg Rent 54 1622 $731 Net Avg Rent: $731 Avg Rent/Sq ft: $0.45 Net Avg Rent Rent PFS Submarket: Raleigh Year Built: 1960 Renovated: Financing: Conventional Storage Units Mgt Firm: Ambassador Management, LLC 20 28 6 1375 1632 2400 $650 $770 $820 $650 $770 $820 $0.47 $0.47 $0.34 Manager: Ukida Pettigrew Raleigh Pines 2789 Beverly Hills #7 Memphis, TN 38128 Phone: 901-327-7800 ext. 4 Fax: # Apt Homes: 22 Avg Size: 833 Avg Rent: $485 Net Avg Rent: $485 Avg Rent/Sq ft: $0.58 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Raleigh Year Built: 1975 Renovated: Financing: Conventional Storage Units Mgt Firm: J.D. Marks 22 833 $485 $485 $0.58 http://www.cfgonline.com/aboutCFG/index.cfm Manager: JD Marks http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Raleigh Property Detail River Grove Townhomes 4000 Rio Lobo Drive Memphis, TN 38128 Phone: 901-388-4082 Fax: 901-388-4452 #Bdrms #Apts 1 2 3 4 28 120 28 Avg Size 729 1125 1925 # Apt Homes: 176 Avg Size: 1189 Avg Rent: $609 Net Avg Rent: $609 Avg Rent/Sq ft: $0.51 Avg Rent $471 $618 $709 Net Avg Rent $471 $618 $709 Rent PFS $0.65 $0.55 $0.37 Submarket: Raleigh Year Built: 1978 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Property Asset Management Manager: Tamela Williams Springdale Creek Apartments 831 Springdale Run Drive Memphis, TN 38108 Phone: 901-458-7851 Fax: 901-458-7899 #Bdrms #Apts 1 2 3 4 12 26 40 6 Avg Size 700 950 1025 1300 # Apt Homes: 84 Avg Size: 975 Avg Rent: $679 Net Avg Rent: $679 Avg Rent/Sq ft: $0.70 Avg Rent $525 $650 $725 $800 Net Avg Rent $525 $650 $725 $800 Rent PFS $0.75 $0.68 $0.71 $0.62 Submarket: Raleigh Year Built: 2005 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Ambassador Management, LLC Manager: Ukida Pettigrew Stonegate Apartments 4500 Stonegate Drive Memphis, TN 38128 Phone: 901-372-1933 Fax: 901-372-1937 # Apt Homes: 208 Avg Size: 890 Avg Rent: $681 Net Avg Rent: $562 Avg Rent/Sq ft: $0.77 #Bdrms #Apts 1 2 3 4 72 112 24 Avg Size 750 950 1030 Avg Rent $603 $705 $803 Net Avg Rent $459 $599 $699 http://www.woodyardrealty.com/ Rent PFS $0.80 $0.74 $0.78 Submarket: Raleigh Year Built: 1977 Renovated: 2005 Financing: Conventional Storage Units Mgt Firm: The Apogee Company Manager: Stacy Matthews http://www.corelogic.com/ http://www.cort.com/ Raleigh Property Detail Summit Apartments, The 4981 Hidden Lake Drive Memphis, TN 38128 Phone: 901-373-7979 Fax: 901-373-8199 #Bdrms #Apts 1 2 3 4 128 144 48 Avg Size 693 989 1246 # Apt Homes: 320 Avg Size: 909 Avg Rent: $662 Net Avg Rent: $662 Avg Rent/Sq ft: $0.73 Avg Rent $587 $678 $813 Net Avg Rent $587 $678 $813 Rent PFS $0.85 $0.69 $0.65 Submarket: Raleigh Year Built: 1989 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Barbie Clark Walden Pointe 4168 The Place Drive Memphis, TN 38128 Phone: 901-386-0874 Fax: 901-382-3404 #Bdrms #Apts 1 2 3 4 137 262 12 Avg Size 681 1035 1523 # Apt Homes: 411 Avg Size: 931 Avg Rent: $455 Net Avg Rent: $455 Avg Rent/Sq ft: $0.49 Avg Rent $378 $484 $677 Net Avg Rent $378 $484 $677 Rent PFS $0.56 $0.47 $0.44 Submarket: Raleigh Year Built: 1970 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Greystone Property Management Manager: John Newby Wesley Highland Meadows 3517 Andy Way Memphis, TN 38128 Phone: 901-388-8880 Fax: 901-388-0519 # Apt Homes: 200 Avg Size: 550 Avg Rent: $478 Net Avg Rent: $478 Avg Rent/Sq ft: $0.87 #Bdrms #Apts 1 2 3 4 200 Avg Size 550 Avg Rent $478 Net Avg Rent $478 Rent PFS $0.87 Submarket: Raleigh Year Built: 1974 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Wesley Senior Ministries Manager: Mylinda Curle http://www.forrent.com/ http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southeast Property Detail Apartments at Hedgerow 4733 Heather Row Memphis, TN 38141 Phone: 901-795-8900 Fax: 901-795-6069 #Bdrms #Apts 1 2 3 4 22 107 38 Avg Size 688 968 1223 # Apt Homes: 167 Avg Size: 989 Avg Rent: $736 Net Avg Rent: $736 Avg Rent/Sq ft: $0.74 Avg Rent $615 $718 $858 Net Avg Rent $615 $718 $858 Rent PFS $0.89 $0.74 $0.70 Submarket: Southeast Year Built: 1984 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Faye Boyd Arbors of Hickory Ridge 6296 Lake View Trail Memphis, TN 38115 Phone: 901-365-4231 Fax: 901-795-4051 #Bdrms #Apts 1 2 3 4 189 117 42 Avg Size 745 1111 1366 # Apt Homes: 348 Avg Size: 943 Avg Rent: $581 Net Avg Rent: $581 Avg Rent/Sq ft: $0.62 Avg Rent $488 $647 $811 Net Avg Rent $488 $647 $811 Rent PFS $0.66 $0.58 $0.59 Submarket: Southeast Year Built: 1987 Renovated: Financing: Conventional Mgt Firm: Fairfield Residential Manager: Tatianna Allen Ashland Lakes 5587 Berryman Drive Memphis, TN 38125 Phone: 901-755-2331 Fax: 901-755-5144 # Apt Homes: 360 Avg Size: 1031 Avg Rent: $662 Net Avg Rent: $662 Avg Rent/Sq ft: $0.64 #Bdrms #Apts 1 2 3 4 128 184 48 Avg Size 831 1090 1341 Avg Rent $572 $690 $795 Net Avg Rent $572 $690 $795 http://www.forrent.com/ Rent PFS $0.69 $0.63 $0.59 Submarket: Southeast Year Built: 2007 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Pedcor Homes Manager: Lola http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southeast Property Detail Autumn Ridge Apartments 3888 Autumn Ridge Court Memphis, TN 38115 Phone: 901-546-0900 Fax: 901-546-0736 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 140 Avg Size: 1036 Avg Rent: $680 Net Avg Rent: $680 Avg Rent/Sq ft: $0.66 Avg Rent Net Avg Rent Rent PFS Submarket: Southeast Year Built: 1998 Renovated: Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group 92 48 988 1128 $623 $790 $623 $790 $0.63 $0.70 Manager: Debra McIntosh Bella Vista 5958 East Point Drive Memphis, TN 38115 Phone: 901-365-0421 Fax: 901-365-0232 #Bdrms #Apts 1 2 3 4 112 267 53 Avg Size 700 915 1100 # Apt Homes: 432 Avg Size: 882 Avg Rent: $638 Net Avg Rent: $515 Avg Rent/Sq ft: $0.72 Avg Rent $549 $653 $749 Net Avg Rent $409 $523 $699 Rent PFS $0.78 $0.71 $0.68 Submarket: Southeast Year Built: 1970 Renovated: Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Sheila Jefferson Briar Club Apartments 6355 Briar Patch Lane Memphis, TN 38115 Phone: 901-363-6865 Fax: 901-363-6688 # Apt Homes: 272 Avg Size: 738 Avg Rent: $622 Net Avg Rent: $517 Avg Rent/Sq ft: $0.84 #Bdrms #Apts 1 2 3 4 144 128 Avg Size 562 937 Avg Rent $559 $694 Net Avg Rent $455 $588 Rent PFS $0.99 $0.74 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Southeast Year Built: 1987 Renovated: Financing: Conventional Storage Units Mgt Firm: Orion Realty Advisors Manager: Ronald Platter http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southeast Property Detail Camelot Manor 3151 Ashwood Street Memphis, TN 38118 Phone: 901-363-7011 Fax: 901-363-1261 #Bdrms #Apts 1 2 3 4 30 202 72 # Apt Homes: 304 Avg Size: 896 Avg Rent: $487 Net Avg Rent: $487 Avg Rent/Sq ft: $0.54 Avg Size 650 851 1122 Avg Rent $412 $464 $582 Net Avg Rent $412 $464 $582 Rent PFS $0.63 $0.55 $0.52 Submarket: Southeast Year Built: 1968 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Cassandra Johnson Cedar Mill Apartments and Townhomes 3505 S. Mendenhall Road Memphis, TN 38115 Phone: 901-365-8023 Fax: 901-546-9083 #Bdrms #Apts 1 2 3 4 32 164 80 # Apt Homes: 276 Avg Size: 1079 Avg Rent: $567 Net Avg Rent: $567 Avg Rent/Sq ft: $0.53 Avg Size 616 1045 1334 Avg Rent $400 $544 $681 Net Avg Rent $400 $544 $681 Rent PFS $0.65 $0.52 $0.51 Submarket: Southeast Year Built: 1974 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Kameshia McGee Centennial Gardens 7841 N. Garden Manor Drive Memphis, TN 38125 Phone: 901-758-8855 Fax: 901-758-8832 # Apt Homes: 432 Avg Size: 1002 Avg Rent: $914 Net Avg Rent: $914 Avg Rent/Sq ft: $0.91 #Bdrms #Apts 1 2 3 4 168 216 48 Avg Size 808 1090 1290 Avg Rent $753 $977 $1196 Net Avg Rent $753 $977 $1196 http://www.woodyardrealty.com/ Rent PFS $0.93 $0.90 $0.93 Submarket: Southeast Year Built: 2008 Renovated: Financing: Conventional Storage Units Mgt Firm: LEDIC Management Group Manager: Vicki Williams http://www.corelogic.com/ http://www.cort.com/ Southeast Property Detail Champion Hills at Windyke 3788 Links Drive Memphis, TN 38125 Phone: 901-751-2911 Fax: 901-754-1914 #Bdrms #Apts 1 2 3 4 87 176 Avg Size 817 1135 # Apt Homes: 263 Avg Size: 1030 Avg Rent: $802 Net Avg Rent: $802 Avg Rent/Sq ft: $0.78 Avg Rent $734 $835 Net Avg Rent $734 $835 Rent PFS $0.90 $0.74 Submarket: Southeast Year Built: 1996 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: April Myers Cinnamon Trails 3251 Knight Trail Circle Memphis, TN 38115 Phone: 901-362-8775 Fax: 901-362-8776 #Bdrms #Apts 1 2 3 4 148 60 Avg Size 733 1236 # Apt Homes: 208 Avg Size: 878 Avg Rent: $689 Net Avg Rent: $612 Avg Rent/Sq ft: $0.78 Avg Rent $636 $820 Net Avg Rent $569 $719 Rent PFS $0.87 $0.66 Submarket: Southeast Year Built: 1989 Renovated: Financing: Conventional Mgt Firm: Orion Realty Advisors Manager: Cashona Rinehart Clearbrook Village 3516 Tall Oaks Circle Memphis, TN 38118 Phone: 901-365-2430 Fax: 901-365-9051 # Apt Homes: 144 Avg Size: 900 Avg Rent: $583 Net Avg Rent: $583 Avg Rent/Sq ft: $0.65 #Bdrms #Apts 1 2 3 4 24 120 Avg Size 600 960 Avg Rent $489 $602 Net Avg Rent $489 $602 http://www.forrent.com/ Rent PFS $0.81 $0.63 Submarket: Southeast Year Built: 1972 Renovated: 2007 Financing: Conventional Storage Units Mgt Firm: Hawthorne Residential Manager: Julia Clayborn http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southeast Property Detail Country Oaks 6555 Country Oaks Circle North Memphis, TN 38115 Phone: 901-365-7452 Fax: 901-365-7469 #Bdrms #Apts 1 2 3 4 116 84 Avg Size 726 954 Avg Rent $550 $691 # Apt Homes: 200 Avg Size: 822 Avg Rent: $609 Net Avg Rent: $589 Avg Rent/Sq ft: $0.74 Net Avg Rent $524 $679 Rent PFS $0.76 $0.72 Submarket: Southeast Year Built: 1985 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: First Choice Management Group, Inc. Manager: Joyce Adkison Crossings at Fox Meadows 2894 Putting Green Cove Memphis, TN 38115 Phone: 901-362-7270 Fax: 901-360-1736 #Bdrms #Apts 1 2 3 4 40 112 32 Avg Size 835 1034 1200 # Apt Homes: 184 Avg Size: 1019 Avg Rent: $578 Net Avg Rent: $578 Avg Rent/Sq ft: $0.57 Avg Rent $510 $568 $699 Net Avg Rent $510 $568 $699 Rent PFS $0.61 $0.55 $0.58 Submarket: Southeast Year Built: 1975 Renovated: 1999 Financing: Conventional Storage Units Mgt Firm: Northland Investment Corporation Manager: Stephanie Benson Eastwood Park Apartments 2973 Getwell Road #3 Memphis, TN 38118 Phone: 901-363-5807 Fax: 901-369-0396 # Apt Homes: 174 Avg Size: 797 Avg Rent: $506 Net Avg Rent: $506 Avg Rent/Sq ft: $0.63 #Bdrms #Apts 1 2 3 4 21 145 8 Avg Size 654 807 1000 Avg Rent $462 $510 $550 Net Avg Rent $462 $510 $550 Rent PFS $0.71 $0.63 $0.55 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Southeast Year Built: 1974 Renovated: 2006 Financing: Conventional Storage Units Mgt Firm: BL Realty LLC Manager: Shanta Stuckey http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southeast Property Detail Eden Pointe 3187 E Danville Circle Memphis, TN 38118 Phone: 901-795-1500 Fax: 901-795-1813 Avg Size 700 900 #Bdrms #Apts 1 2 3 4 144 144 # Apt Homes: 288 Avg Size: 800 Avg Rent: $400 Net Avg Rent: $400 Avg Rent/Sq ft: $0.50 Avg Rent $375 $425 Net Avg Rent $375 $425 Rent PFS $0.54 $0.47 Submarket: Southeast Year Built: 1970 Renovated: Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Angela Woodson Ellington at Kirby 3169 Kirby Parkway Memphis, TN 38115 Phone: 901-795-5704 Fax: 901-795-1403 Avg Size 708 959 #Bdrms #Apts 1 2 3 4 64 100 # Apt Homes: 164 Avg Size: 861 Avg Rent: $627 Net Avg Rent: $627 Avg Rent/Sq ft: $0.73 Avg Rent $565 $667 Net Avg Rent $565 $667 Rent PFS $0.80 $0.70 Submarket: Southeast Year Built: 1985 Renovated: 2000 Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Donna Romine Enclave, The 2940 Hickory Hill Road Memphis, TN 38115 Phone: 901-795-4000 Fax: 901-794-3244 # Apt Homes: 208 Avg Size: 944 Avg Rent: $645 Net Avg Rent: $645 Avg Rent/Sq ft: $0.68 48 152 Avg Size 689 1014 Avg Rent $570 $660 Net Avg Rent $570 $660 Rent PFS $0.83 $0.65 8 1150 $810 $810 $0.70 #Bdrms #Apts 1 2 3 4 http://www.woodyardrealty.com/ Submarket: Southeast Year Built: 1983 Renovated: 2007 Financing: Conventional Storage Units Mgt Firm: Stonemark Management Company Manager: Lisa Small http://www.corelogic.com/ http://www.cort.com/ Southeast Property Detail Eton Square 3315 Ridgeway Road Memphis, TN 38115 Phone: 901-546-9800 Fax: 901-546-9367 #Bdrms #Apts 1 2 3 4 96 112 Avg Size 972 1196 # Apt Homes: 208 Avg Size: 1093 Avg Rent: $742 Net Avg Rent: $742 Avg Rent/Sq ft: $0.68 Avg Rent $685 $790 Net Avg Rent $685 $790 Rent PFS $0.70 $0.66 Submarket: Southeast Year Built: 1985 Renovated: 2010 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Denise Noel Fieldstone Apartments 3333 Hackscross Road Memphis, TN 38125 Phone: 901-752-0032 Fax: 901-751-6699 #Bdrms #Apts 1 2 3 4 298 302 98 Avg Size 772 1135 1459 # Apt Homes: 698 Avg Size: 1025 Avg Rent: Avg Rent $751 $991 $1383 $943 Net Avg Rent: $943 Avg Rent/Sq ft: $0.92 Net Avg Rent $751 $991 $1383 Rent PFS $0.97 $0.87 $0.95 Submarket: Southeast Year Built: 1998 Renovated: 2008 Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Merrie Long Germantown Falls 6895 Club Ridge Circle Memphis, TN 38115 Phone: Fax: # Apt Homes: 486 Avg Size: 873 Avg Rent: $614 Net Avg Rent: $614 Avg Rent/Sq ft: $0.70 #Bdrms #Apts 1 2 3 4 244 242 Avg Size 697 1051 Avg Rent $551 $678 Net Avg Rent $551 $678 http://www.forrent.com/ Rent PFS $0.79 $0.65 Submarket: Southeast Year Built: 1989 Renovated: Financing: Conventional Storage Units Mgt Firm: Owner Managed Manager: Property Manager http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southeast Property Detail Greens at Irene, The 8285 Irene Boulevard Memphis, TN 38125 Phone: 901-754-7508 Fax: 901-754-8983 #Bdrms #Apts 1 2 3 4 296 592 Avg Size 667 1048 # Apt Homes: 888 Avg Size: 921 Avg Rent: $678 Net Avg Rent: $678 Avg Rent/Sq ft: $0.74 Avg Rent $658 $688 Net Avg Rent $658 $688 Rent PFS $0.99 $0.66 Submarket: Southeast Year Built: 2000 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Lindsey Management Company Manager: Kathy Smith Hickory Farm Apartments 3822 Hickory Farm Drive Memphis, TN 38115 Phone: 901-795-3466 Fax: 901-795-7538 #Bdrms #Apts 1 2 3 4 112 88 Avg Size 694 950 # Apt Homes: 200 Avg Size: 807 Avg Rent: $556 Net Avg Rent: $556 Avg Rent/Sq ft: $0.69 Avg Rent $506 $620 Net Avg Rent $506 $620 Rent PFS $0.73 $0.65 Submarket: Southeast Year Built: 1985 Renovated: Financing: Conventional Storage Units Mgt Firm: Northland Investment Corporation Manager: Brenda Atkins Highland Hills Apartments 2831 Fosterwood Drive Memphis, TN 38115 Phone: 901-365-2380 Fax: # Apt Homes: 260 Avg Size: 1043 Avg Rent: $627 Net Avg Rent: $627 Avg Rent/Sq ft: $0.60 #Bdrms #Apts 1 2 3 4 120 120 20 Avg Size 740 1234 1710 Avg Rent $559 $669 $779 Net Avg Rent $559 $669 $779 Rent PFS $0.76 $0.54 $0.46 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Southeast Year Built: 1974 Renovated: 2008 Financing: Conventional Storage Units Mgt Firm: Hediger Enterprise Manager: John Wogan http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southeast Property Detail Kensington Manor 3896 Chippewa Street Memphis, TN 38118 Phone: 901-794-6770 Fax: 901-794-6775 #Bdrms #Apts 1 2 3 4 100 374 88 8 Avg Size 678 906 1154 1470 # Apt Homes: 570 Avg Size: 912 Avg Rent: $475 Net Avg Rent: $475 Avg Rent/Sq ft: $0.52 Avg Rent $400 $470 $550 $839 Net Avg Rent $400 $470 $550 $839 Rent PFS $0.59 $0.52 $0.48 $0.57 Submarket: Southeast Year Built: 1970 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Betsy Waugh Lakes at Ridgeway 5995 Waterstone Oak Way Memphis, TN 38115 Phone: 901-362-6603 Fax: 901-366-7010 #Bdrms #Apts 1 2 3 4 96 263 19 Avg Size 650 1010 1600 # Apt Homes: 378 Avg Size: 948 Avg Rent: $564 Net Avg Rent: $564 Avg Rent/Sq ft: $0.59 Avg Rent $465 $582 $820 Net Avg Rent $465 $582 $820 Rent PFS $0.72 $0.58 $0.51 Submarket: Southeast Year Built: 1972 Renovated: Financing: Conventional Mgt Firm: Resource Residential Manager: Tonya Mosley Landings Apartments, The 6787 Landing Way South Memphis, TN 38115 Phone: 901-795-6395 Fax: 901-795-6741 # Apt Homes: 292 Avg Size: 786 Avg Rent: $639 Net Avg Rent: $586 Avg Rent/Sq ft: $0.81 #Bdrms #Apts 1 2 3 4 160 132 Avg Size 694 897 Avg Rent $585 $704 Net Avg Rent $537 $645 http://www.woodyardrealty.com/ Rent PFS $0.84 $0.78 Submarket: Southeast Year Built: 1986 Renovated: Financing: Conventional Storage Units Mgt Firm: Mid-America Management Corporation Manager: Trina Miller http://www.corelogic.com/ http://www.cort.com/ Southeast Property Detail Lincoln on the Green at Southwind 8345 Championship Drive Memphis, TN 38125 Phone: 901-748-0002 Fax: 901-748-4012 #Bdrms #Apts 1 2 3 4 330 280 8 Avg Size 691 1082 1331 # Apt Homes: 618 Avg Size: 877 Avg Rent: $835 Net Avg Rent: $835 Avg Rent/Sq ft: $0.95 Avg Rent $740 $935 $1247 Net Avg Rent $740 $935 $1247 Rent PFS $1.07 $0.86 $0.94 Submarket: Southeast Year Built: 1988 Renovated: 2006 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Mid-America Apartment Communities Manager: Heather Locke Monticello Apartments 6625 Monticello Lane Memphis, TN 38115 Phone: 901-366-1999 Fax: 901-368-2191 #Bdrms #Apts 1 2 3 4 24 112 82 Avg Size 900 1390 1734 # Apt Homes: 218 Avg Size: 1465 Avg Rent: Avg Rent $699 $914 $1058 $944 Net Avg Rent: $944 Avg Rent/Sq ft: $0.64 Net Avg Rent $699 $914 $1058 Rent PFS $0.78 $0.66 $0.61 Submarket: Southeast Year Built: 1986 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Heather Osborn Plum Tree # Apt Homes: 3595 Pinetree Court Memphis, TN 38115 Phone: 901-365-6832 Fax: 901-365-2262 Avg Size: 86 1063 Avg Rent: $620 Net Avg Rent: $620 Avg Rent/Sq ft: $0.58 #Bdrms #Apts 1 2 3 4 16 54 16 Avg Size 750 1100 1250 Avg Rent $525 $625 $700 Net Avg Rent $525 $625 $700 http://www.forrent.com/ Rent PFS $0.70 $0.57 $0.56 Submarket: Southeast Year Built: 1974 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Helen Belfour http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southeast Property Detail Preserve at Forest Creek 9230 Thornbury Boulevard Memphis, TN 38125 Phone: 901-755-8535 Fax: 901-755-8571 #Bdrms #Apts 1 2 3 4 108 246 60 Avg Size 795 1174 1318 # Apt Homes: 414 Avg Size: 1096 Avg Rent: $1074 Avg Rent $915 $1091 $1288 Net Avg Rent: $1129 Avg Rent/Sq ft: $0.98 Net Avg Rent $1033 $1114 $1359 Rent PFS $1.15 $0.93 $0.98 Submarket: Southeast Year Built: 2008 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Altman Management Company Manager: Heather Chisholm Preserve at Southwind 7991 Capilano Drive Memphis, TN 38125 Phone: 901-309-1234 Fax: 901-309-3290 #Bdrms #Apts 1 2 3 4 186 80 40 Avg Size 787 1170 1382 # Apt Homes: 306 Avg Size: 965 Avg Rent: Avg Rent $709 $937 $1033 $811 Net Avg Rent: $811 Avg Rent/Sq ft: $0.84 Net Avg Rent $709 $937 $1033 Rent PFS $0.90 $0.80 $0.75 Submarket: Southeast Year Built: 2000 Renovated: Financing: Conventional Mgt Firm: Fogelman Management Group Manager: Property Manager Providence Place Apartments 6420 Knight Arnold Road Memphis, TN 38115 Phone: 901-794-5225 Fax: 901-794-2176 # Apt Homes: 376 Avg Size: 790 Avg Rent: $580 Net Avg Rent: $580 Avg Rent/Sq ft: $0.73 #Bdrms #Apts 1 2 3 4 248 128 Avg Size 690 985 Avg Rent $520 $696 Net Avg Rent $520 $696 Rent PFS $0.75 $0.71 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Southeast Year Built: 1985 Renovated: Financing: Conventional Storage Units Mgt Firm: Stonemark Management Company Manager: Tomeka Wood http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southeast Property Detail Somerset Park Apartments 3424 Winchester Park Drive Memphis, TN 38118 Phone: 901-795-7622 Fax: 901-795-7642 496 Avg Size: 985 Avg Rent: $509 Net Avg Rent: $509 Avg Rent/Sq ft: $0.52 168 224 Avg Size 675 1088 Avg Rent $397 $539 Net Avg Rent $397 $539 Rent PFS $0.59 $0.50 104 1265 $625 $625 $0.49 #Bdrms #Apts 1 2 3 4 # Apt Homes: Submarket: Southeast Year Built: 1972 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Belinda Wilson Southernwoods 592 Patterson Street #1 Memphis, TN 38111 Phone: 901-323-5220 Fax: 901-327-3661 #Bdrms #Apts 1 2 3 4 30 42 1 Avg Size 850 850 850 # Apt Homes: 73 Avg Size: 850 Avg Rent: $458 Net Avg Rent: $458 Avg Rent/Sq ft: $0.54 Avg Rent $428 $477 $550 Net Avg Rent $428 $477 $550 Rent PFS $0.50 $0.56 $0.65 Submarket: Southeast Year Built: 1965 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Property Manager Southwind Lakes 8210 Storr Drive Memphis, TN 38125 Phone: 901-757-0013 Fax: 901-757-4588 # Apt Homes: 276 Avg Size: 1042 Avg Rent: $694 Net Avg Rent: $694 Avg Rent/Sq ft: $0.67 #Bdrms #Apts 1 2 3 4 107 128 41 Avg Size 842 1114 1341 Avg Rent $600 $721 $855 Net Avg Rent $600 $721 $855 http://www.woodyardrealty.com/ Rent PFS $0.71 $0.65 $0.64 Submarket: Southeast Year Built: 2007 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Pedcor Homes Manager: Tameka Roach http://www.corelogic.com/ http://www.cort.com/ Southeast Property Detail Stonebrook 6371 Winchester Road Memphis, TN 38115 Phone: 901-794-6313 Fax: 901-363-5212 #Bdrms #Apts 1 2 3 4 14 202 28 Avg Size 660 939 1257 # Apt Homes: 244 Avg Size: 959 Avg Rent: $643 Net Avg Rent: $564 Avg Rent/Sq ft: $0.67 Avg Rent $575 $620 $843 Net Avg Rent $509 $534 $809 Rent PFS $0.87 $0.66 $0.67 Submarket: Southeast Year Built: 1976 Renovated: 2003 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: WRH Realty Services Manager: Terleter Stoneridge at Germantown Falls 6895 Club Ridge Circle Memphis, TN 38115 Phone: 901-795-9008 Fax: 901-795-9641 #Bdrms #Apts 1 2 3 4 244 242 Avg Size 697 1051 # Apt Homes: 486 Avg Size: 873 Avg Rent: $591 Net Avg Rent: $543 Avg Rent/Sq ft: $0.68 Avg Rent $540 $642 Net Avg Rent $498 $588 Rent PFS $0.77 $0.61 Submarket: Southeast Year Built: 1988 Renovated: Financing: Conventional Storage Units Mgt Firm: Northland Investment Corporation Manager: Madonna Fulgham Trails of Mt. Moriah 3048 Moriah Trails Memphis, TN 38115 Phone: 901-367-0900 Fax: 901-367-1010 # Apt Homes: 630 Avg Size: 856 Avg Rent: $727 Net Avg Rent: $524 Avg Rent/Sq ft: $0.85 #Bdrms #Apts 1 2 3 4 420 210 Avg Size 719 1130 Avg Rent $668 $846 Net Avg Rent $468 $637 http://www.forrent.com/ Rent PFS $0.93 $0.75 Submarket: Southeast Year Built: 1989 Renovated: Financing: Conventional Storage Units Mgt Firm: Fogelman Management Group Manager: Rachel Stenger http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southeast Property Detail Village Green Apartments 3450 Fescue Lane Memphis, TN 38115 Phone: 901-365-0236 Fax: 901-368-6014 #Bdrms #Apts 1 2 3 4 70 226 18 Avg Size 704 1014 1392 # Apt Homes: 314 Avg Size: 966 Avg Rent: $633 Net Avg Rent: $633 Avg Rent/Sq ft: $0.66 Avg Rent $554 $643 $812 Net Avg Rent $554 $643 $812 Rent PFS $0.79 $0.63 $0.58 Submarket: Southeast Year Built: 1972 Renovated: 2006 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Lexington Investments Manager: Crystal Ferguson Waterford Place 8037 Waterford Circle Memphis, TN 38125 Phone: 901-737-8789 Fax: 901-737-8887 #Bdrms #Apts 1 2 3 4 120 140 60 Avg Size 802 1226 1444 # Apt Homes: 320 Avg Size: 1108 Avg Rent: Avg Rent $755 $998 $1173 $940 Net Avg Rent: $940 Avg Rent/Sq ft: $0.85 Net Avg Rent $755 $998 $1173 Rent PFS $0.94 $0.81 $0.81 Submarket: Southeast Year Built: 2000 Renovated: Financing: Conventional Storage Units Mgt Firm: Empirian Property Management Manager: Diedra Stoltenborg Westbury, The 3820 Mission Hills Drive Memphis, TN 38125 Phone: 901-757-8511 Fax: 901-757-0596 #Bdrms #Apts 1 2 3 4 111 203 36 Avg Size 885 1150 1405 # Apt Homes: 350 Avg Size: 1092 Avg Rent: Avg Rent $842 $1011 $1304 $988 Net Avg Rent: $988 Avg Rent/Sq ft: $0.90 Net Avg Rent $842 $1011 $1304 Rent PFS $0.95 $0.88 $0.93 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Southeast Year Built: 2004 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Michele Young Gore http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southeast Property Detail Willowlake Apartments 2774 S Mendenhall Road Memphis, TN 38115 Phone: 901-362-2451 Fax: 901-365-7617 #Bdrms #Apts 1 2 3 4 337 383 116 Avg Size 650 1050 1498 # Apt Homes: 836 Avg Size: 951 Avg Rent: $547 Net Avg Rent: $513 Avg Rent/Sq ft: $0.58 Avg Rent $481 $566 $676 Net Avg Rent $477 $495 $676 Rent PFS $0.74 $0.54 $0.45 Submarket: Southeast Year Built: 1970 Renovated: 2010 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Belinda Wilson Wingood Manor 3463 Wingood Circle Memphis, TN 38118 Phone: 901-365-8318 Fax: 901-367-2688 #Bdrms #Apts 1 2 3 4 48 144 24 Avg Size 632 861 1198 # Apt Homes: 216 Avg Size: 848 Avg Rent: $529 Net Avg Rent: $529 Avg Rent/Sq ft: $0.62 Avg Rent $455 $535 $645 Net Avg Rent $455 $535 $645 Rent PFS $0.72 $0.62 $0.54 Submarket: Southeast Year Built: 1973 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Tameka Olden Woodlake Apartments 3314 S. Woodlake Circle Memphis, TN 38118 Phone: 901-362-2960 Fax: 901-362-5153 # Apt Homes: 122 Avg Size: 749 Avg Rent: $474 Net Avg Rent: $474 Avg Rent/Sq ft: $0.63 #Bdrms #Apts 1 2 3 4 82 40 Avg Size 679 893 Avg Rent $432 $560 Net Avg Rent $432 $560 http://www.woodyardrealty.com/ Rent PFS $0.64 $0.63 Submarket: Southeast Year Built: 1967 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Sonia Jackson http://www.corelogic.com/ http://www.cort.com/ Southeast Property Detail Woods at Ridgeway, The 6277 Lake Harbor Drive Memphis, TN 38115 Phone: 901-367-2788 Fax: 901-366-9739 #Bdrms #Apts 1 2 3 4 286 214 68 Avg Size 748 1054 1301 # Apt Homes: 568 Avg Size: 929 Avg Rent: $642 Net Avg Rent: $642 Avg Rent/Sq ft: $0.69 Avg Rent $557 $703 $804 Net Avg Rent $557 $703 $804 http://www.forrent.com/ Rent PFS $0.74 $0.67 $0.62 Submarket: Southeast Year Built: 1988 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Resource Residential Manager: Sheree Campbell http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southwest Property Detail Airways Villa Apartments 2305 Pendleton Street Memphis, TN 38114 Phone: 901-744-4499 Fax: 901-744-0088 #Bdrms #Apts 1 2 3 4 32 150 Avg Size 542 670 # Apt Homes: 182 Avg Size: 647 Avg Rent: $348 Net Avg Rent: $348 Avg Rent/Sq ft: $0.54 Avg Rent $315 $355 Net Avg Rent $315 $355 Rent PFS $0.58 $0.53 Submarket: Southwest Year Built: 1965 Renovated: 2002 Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: JCH Property Management Co. Inc. Manager: Tonya Young Austin Park Place # Apt Homes: 4351 LeClaire Lane Memphis, TN 38109 Phone: 901-789-2221 Fax: 901-789-2251 #Bdrms #Apts 1 2 3 4 Avg Size 85 Avg Size: 1323 Avg Rent: Avg Rent $652 Net Avg Rent: $7829 Avg Rent/Sq ft: $0.49 Net Avg Rent Rent PFS Submarket: Southwest Year Built: 2009 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC 17 34 34 925 1150 1694 $522 $604 $766 $6264 $7248 $9192 $0.56 $0.53 $0.45 Manager: Nicole Kirkland Bent Tree Apartments 3471 Briarpark Drive Memphis, TN 38116 Phone: 901-345-2204 Fax: 901-345-7584 # Apt Homes: 377 Avg Size: 920 Avg Rent: $527 Net Avg Rent: $527 Avg Rent/Sq ft: $0.57 #Bdrms #Apts 1 2 3 4 84 173 120 Avg Size 643 915 1120 Avg Rent $395 $507 $650 Net Avg Rent $395 $507 $650 http://www.forrent.com/ Rent PFS $0.61 $0.55 $0.58 Submarket: Southwest Year Built: 1965 Renovated: 1997 Financing: Tax Credit Storage Units Mgt Firm: Ambassador Management, LLC Manager: Wanda Brownlee http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southwest Property Detail Cane Creek Apartments 1528 Ragan Street Memphis, TN 38106 Phone: 901-774-8882 Fax: 901-775-0688 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 125 Avg Size: 1517 Avg Rent: $598 Net Avg Rent: $598 Avg Rent/Sq ft: $0.39 Avg Rent Net Avg Rent Rent PFS Submarket: Southwest Year Built: 2005 Renovated: Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Patricia Tansil 65 60 1440 1600 $550 $650 $550 $650 $0.38 $0.41 Canterra Park Apartments 3644 Dutchess Drive Memphis, TN 38116 Phone: 901-346-3388 Fax: 901-346-3363 #Bdrms #Apts 1 2 3 4 220 411 193 88 Avg Size 568 878 1055 1240 # Apt Homes: 912 Avg Size: 876 Avg Rent: $511 Net Avg Rent: $511 Avg Rent/Sq ft: $0.58 Avg Rent $435 $482 $585 $675 Net Avg Rent $435 $482 $585 $675 Rent PFS $0.77 $0.55 $0.55 $0.54 Submarket: Southwest Year Built: 1971 Renovated: 2005 Financing: Conventional Mgt Firm: Management Solutions, Inc. Manager: Betty Carrera Capri Manor (Thompson Court) 1875 Keltner Circle Memphis, TN 38114 Phone: 901-948-1872 Fax: 901-948-1898 # Apt Homes: 30 Avg Size: 701 Avg Rent: $325 Net Avg Rent: $325 Avg Rent/Sq ft: $0.46 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Southwest Year Built: 1951 Renovated: Financing: Conventional Storage Units Mgt Firm: Platinum Management 30 701 $325 $325 $0.46 http://www.cfgonline.com/aboutCFG/index.cfm Manager: Jennifer Hall http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southwest Property Detail Charter Oaks # Apt Homes: 5473 Vander Oak Memphis, TN 38116 Phone: 901-398-4036 Fax: 901-398-7750 #Bdrms #Apts 1 2 3 4 16 67 15 Avg Size 675 856 1235 Avg Size: 98 885 Avg Rent: $508 Net Avg Rent: $508 Avg Rent/Sq ft: $0.57 Avg Rent $439 $494 $642 Net Avg Rent $439 $494 $642 Rent PFS $0.65 $0.58 $0.52 Submarket: Southwest Year Built: 1965 Renovated: 1994 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Felecia Boyd El Dorado Apartments 2743 Ketchem Road Memphis, TN 38114 Phone: 901-743-6497 Fax: 901-743-3839 #Bdrms #Apts 1 2 3 4 92 96 Avg Size 530 728 # Apt Homes: 188 Avg Size: 631 Avg Rent: $421 Net Avg Rent: $370 Avg Rent/Sq ft: $0.67 Avg Rent $390 $450 Net Avg Rent $339 $399 Rent PFS $0.74 $0.62 Submarket: Southwest Year Built: 1968 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Joyce Albert Faronia Square Townhouses # Apt Homes: 1350 S. Faronia Square Memphis, TN 38116 Phone: 901-332-2502 Fax: 901-398-7442 Avg Size: 204 1257 Avg Rent: $624 Net Avg Rent: $624 Avg Rent/Sq ft: $0.50 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Southwest Year Built: 1969 Renovated: Financing: Conventional Storage Units Mgt Firm: Freeman Webb Management 134 70 1194 1377 $580 $709 $580 $709 http://www.woodyardrealty.com/ $0.49 $0.51 Manager: Kim Jones http://www.corelogic.com/ http://www.cort.com/ Southwest Property Detail Graceland Farms Apartments 1984 Bonnie Drive Memphis, TN 38116 Phone: 901-332-0286 Fax: 901-332-9377 #Bdrms #Apts 1 2 3 4 79 112 1 Avg Size 648 870 882 # Apt Homes: 192 Avg Size: 779 Avg Rent: $413 Net Avg Rent: $413 Avg Rent/Sq ft: $0.53 Avg Rent $393 $425 $610 Net Avg Rent $393 $425 $610 Rent PFS $0.61 $0.49 $0.69 Submarket: Southwest Year Built: 1976 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Wendell Hardaway Harold Ford Villas # Apt Homes: 621 Deerskin Drive Memphis, TN 38109 Phone: 901-785-4870 Fax: 901-785-4873 #Bdrms #Apts 1 2 3 4 8 12 34 18 Avg Size 948 948 1188 1411 Avg Size: 72 1177 Avg Rent: $696 Net Avg Rent: $696 Avg Rent/Sq ft: $0.59 Avg Rent $510 $622 $721 $780 Net Avg Rent $510 $622 $721 $780 Rent PFS $0.54 $0.66 $0.61 $0.55 Submarket: Southwest Year Built: 2007 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Nicole Kirkland Hermitage Apartments 1103 South Cooper #1 Memphis, TN 38114 Phone: 901-272-7252 Fax: 901-726-1649 # Apt Homes: 80 Avg Size: 758 Avg Rent: $461 Net Avg Rent: $461 Avg Rent/Sq ft: $0.61 #Bdrms #Apts 1 2 3 4 62 8 10 Avg Size 700 900 1000 Avg Rent $430 $499 $620 Net Avg Rent $430 $499 $620 http://www.forrent.com/ Rent PFS $0.61 $0.55 $0.62 Submarket: Southwest Year Built: 1968 Renovated: Financing: Conventional Storage Units Mgt Firm: Better Building Management LLC Manager: Telesa Bernard http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southwest Property Detail Highland Meadows 5001 Airways Boulevard Memphis, TN 38116 Phone: 901-346-4640 Fax: 901-398-9882 #Bdrms #Apts 1 2 3 4 168 432 Avg Size 750 950 # Apt Homes: 600 Avg Size: 894 Avg Rent: $575 Net Avg Rent: $575 Avg Rent/Sq ft: $0.64 Avg Rent $509 $600 Net Avg Rent $509 $600 Rent PFS $0.68 $0.63 Submarket: Southwest Year Built: 1976 Renovated: 2006 Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Shy Macklin Hillcrest Apartments 4155 East Wind Drive #1 Memphis, TN 38116 Phone: 901-398-1378 Fax: 901-398-7547 #Bdrms #Apts 1 2 3 4 64 135 16 Avg Size 624 957 1200 # Apt Homes: 215 Avg Size: 876 Avg Rent: $534 Net Avg Rent: $527 Avg Rent/Sq ft: $0.61 Avg Rent $444 $554 $724 Net Avg Rent $421 $554 $724 Rent PFS $0.71 $0.58 $0.60 Submarket: Southwest Year Built: 1965 Renovated: 2007 Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Sarah Tate, CAM Levi Landing 3915 Dagan Drive Memphis, TN 38109 Phone: 901-785-5840 Fax: 901-785-0543 # Apt Homes: 184 Avg Size: 1462 Avg Rent: $758 Net Avg Rent: $758 Avg Rent/Sq ft: $0.52 #Bdrms #Apts 1 2 3 4 Avg Size Avg Rent Net Avg Rent Rent PFS Submarket: Southwest Year Built: 2006 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Nancy Kohler 136 48 1462 1462 $750 $780 $750 $780 $0.51 $0.53 http://www.cfgonline.com/aboutCFG/index.cfm http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southwest Property Detail Linden Yards Apartments 711 Linden Avenue Memphis, TN 38126 Phone: 901-529-0068 ext 224 Fax: 901-521-0539 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 22 Avg Size: 969 Avg Rent: $662 Net Avg Rent: $662 Avg Rent/Sq ft: $0.68 Avg Rent Net Avg Rent Rent PFS Submarket: Southwest Year Built: 2009 Renovated: Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Ambassador Management, LLC 16 6 905 1141 $635 $735 $635 $735 $0.70 $0.64 Manager: Shelby Douglas Millcreek Apartments 4537 Mill Stream Drive Memphis, TN 38116 Phone: 901-345-9100 Fax: 901-345-3687 #Bdrms #Apts 1 2 3 4 104 336 8 Avg Size 702 941 1460 # Apt Homes: 448 Avg Size: 895 Avg Rent: $532 Net Avg Rent: $475 Avg Rent/Sq ft: $0.59 Avg Rent $434 $557 $739 Net Avg Rent $405 $490 $739 Rent PFS $0.62 $0.59 $0.51 Submarket: Southwest Year Built: 1970 Renovated: 1994 Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Betsy Waugh Monterra Park Apartments 3619 Kingsgate Memphis, TN 38116 Phone: 901-345-9900 Fax: 901-332-1466 # Apt Homes: 278 Avg Size: 1122 Avg Rent: $597 Net Avg Rent: $597 Avg Rent/Sq ft: $0.53 #Bdrms #Apts 1 2 3 4 12 57 129 80 Avg Size 852 1055 1100 1245 Avg Rent $410 $560 $585 $670 Net Avg Rent $410 $560 $585 $670 http://www.woodyardrealty.com/ Rent PFS $0.48 $0.53 $0.53 $0.54 Submarket: Southwest Year Built: 1972 Renovated: Financing: Conventional Storage Units Mgt Firm: Monterra Park Management, LLC Manager: DeeDee Simmons http://www.corelogic.com/ http://www.cort.com/ Southwest Property Detail Oakshire 1717 Crimson Circle Memphis, Tn 38116 Phone: 901-346-1660 Fax: 901-346-7447 #Bdrms #Apts 1 2 3 4 78 133 89 Avg Size 629 958 1065 # Apt Homes: 300 Avg Size: 904 Avg Rent: $438 Net Avg Rent: $431 Avg Rent/Sq ft: $0.48 Avg Rent $363 $443 $498 Net Avg Rent $363 $433 $487 Rent PFS $0.58 $0.46 $0.47 Submarket: Southwest Year Built: 1964 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Theresa Nanan Parkway Commons 1500 Parkway View Memphis, TN 38106 Phone: 901-726-1812 Fax: #Bdrms #Apts 1 2 3 4 16 40 24 Avg Size 326 859 1264 # Apt Homes: 80 Avg Size: 874 Avg Rent: Avg Rent $502 $594 $700 $607 Net Avg Rent: $607 Avg Rent/Sq ft: $0.69 Net Avg Rent $502 $594 $700 Rent PFS $1.54 $0.69 $0.55 Submarket: Southwest Year Built: 2001 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Property Manager Pinewood Townhomes 4260 Peggy Jo Drive Memphis, TN 38116 Phone: 901-396-8663 Fax: 901-332-5879 # Apt Homes: 142 Avg Size: 881 Avg Rent: $547 Net Avg Rent: $547 Avg Rent/Sq ft: $0.62 #Bdrms #Apts 1 2 3 4 29 113 Avg Size 690 930 Avg Rent $475 $565 Net Avg Rent $475 $565 http://www.forrent.com/ Rent PFS $0.69 $0.61 Submarket: Southwest Year Built: 1972 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: LyQuala Buford http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southwest Property Detail Posts Apartments, The 4485 Hudgins Road Memphis, TN 38116 Phone: 901-398-4502 Fax: 901-398-4248 #Bdrms #Apts 1 2 3 4 96 38 38 Avg Size 532 926 1132 # Apt Homes: 172 Avg Size: 752 Avg Rent: $525 Net Avg Rent: $525 Avg Rent/Sq ft: $0.70 Avg Rent $440 $567 $698 Net Avg Rent $440 $567 $698 Rent PFS $0.83 $0.61 $0.62 Submarket: Southwest Year Built: 1965 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Thelma Saddler Presidential West Apartments 5459 Hudgins Road Memphis, TN 38116 Phone: 901-346-6814 Fax: #Bdrms #Apts 1 2 3 4 8 32 72 Avg Size 740 850 925 # Apt Homes: 112 Avg Size: 890 Avg Rent: $637 Net Avg Rent: $637 Avg Rent/Sq ft: $0.72 Avg Rent $362 $566 $699 Net Avg Rent $362 $566 $699 Rent PFS $0.49 $0.67 $0.76 Submarket: Southwest Year Built: 1975 Renovated: Financing: Tax Credit Mgt Firm: ALCO Management Manager: Deborhah Bond Richmond Place 3361 Sobota Drive Memphis, TN 38109 Phone: 901-789-0038 Fax: 901-789-7620 # Apt Homes: 125 Avg Size: 902 Avg Rent: $499 Net Avg Rent: $499 Avg Rent/Sq ft: $0.55 #Bdrms #Apts 1 2 3 4 25 75 25 Avg Size 625 852 1328 Avg Rent $399 $524 $525 Net Avg Rent $399 $524 $525 Rent PFS $0.64 $0.62 $0.40 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Southwest Year Built: 2002 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Property Manager http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/ Southwest Property Detail Salem Manor Apartments 2270 South Parkway East Memphis, TN 38114 Phone: 901-278-5052 Fax: 901-278-1306 #Bdrms #Apts 1 2 3 4 16 67 19 Avg Size 715 1000 1425 # Apt Homes: 102 Avg Size: 1034 Avg Rent: $530 Net Avg Rent: $530 Avg Rent/Sq ft: $0.51 Avg Rent $410 $510 $700 Net Avg Rent $410 $510 $700 Rent PFS $0.57 $0.51 $0.49 Submarket: Southwest Year Built: 1949 Renovated: 1997 Financing: Tax Credit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Ambassador Management, LLC Manager: Debra Harper Summit Park Apartments 1770 Piping Rock Drive Memphis, TN 38116 Phone: 901-332-0472 Fax: 901-332-6956 #Bdrms #Apts 1 2 3 4 64 266 56 16 Avg Size 700 906 1212 1400 # Apt Homes: 402 Avg Size: 935 Avg Rent: $499 Net Avg Rent: $499 Avg Rent/Sq ft: $0.53 Avg Rent $400 $490 $599 $705 Net Avg Rent $400 $490 $599 $705 Rent PFS $0.57 $0.54 $0.49 $0.50 Submarket: Southwest Year Built: 1973 Renovated: Financing: Tax Credit Mgt Firm: ALCO Management Manager: Property Manager Valley Forge Apartments 176 Hillview Drive Memphis, TN 38109 Phone: 901-345-6867 Fax: 901-345-1903 # Apt Homes: 229 Avg Size: 941 Avg Rent: $458 Net Avg Rent: $458 Avg Rent/Sq ft: $0.49 #Bdrms #Apts 1 2 3 4 1 172 56 Avg Size 600 875 1150 Avg Rent $365 $425 $560 Net Avg Rent $365 $425 $560 http://www.woodyardrealty.com/ Rent PFS $0.61 $0.49 $0.49 Submarket: Southwest Year Built: 1965 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Mary Gray http://www.corelogic.com/ http://www.cort.com/ Southwest Property Detail Verano Park LLC 3561 Claymore Memphis, TN 38116 Phone: 901-345-9333 Fax: 901-345-9955 #Bdrms #Apts 1 2 3 4 Avg Size # Apt Homes: 320 Avg Size: 852 Avg Rent: $495 Net Avg Rent: $495 Avg Rent/Sq ft: $0.58 Avg Rent Net Avg Rent Rent PFS Submarket: Southwest Year Built: 1971 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Storage Units Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Mgt Firm: Verano Park LLC 320 852 $495 $495 $0.58 Manager: Amanda Goss Weaver Fields Apartments # Apt Homes: 3870 Weaver Meadows Lane Memphis, TN 38109 Phone: 901-789-9654 Fax: 901-789-9652 #Bdrms #Apts 1 2 3 4 28 52 28 Avg Size 772 1005 1238 Avg Rent $550 $650 $750 108 Avg Size: 1005 Avg Rent: $650 Net Avg Rent: $650 Avg Rent/Sq ft: $0.65 Net Avg Rent $550 $650 $750 Rent PFS $0.71 $0.65 $0.61 Submarket: Southwest Year Built: 2003 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Ambassador Management, LLC Manager: Georgette Smith Wesley Forest Apartments # Apt Homes: 250 Wesley Oaks Drive Memphis, TN 38109 Phone: 901-332-3001 Fax: 901-344-9016 Avg Size: 165 1010 Avg Rent: $609 Net Avg Rent: $609 Avg Rent/Sq ft: $0.60 #Bdrms #Apts 1 2 3 4 33 80 52 Avg Size 662 1017 1221 Avg Rent $489 $593 $709 Net Avg Rent $489 $593 $709 http://www.forrent.com/ Rent PFS $0.74 $0.58 $0.58 Submarket: Southwest Year Built: 2000 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Ambassador Management, LLC Manager: Alyce Fonder http://www.hmheckle.com/ http://www.hvacsalesandsupply.com/ Southwest Property Detail Whitehaven Oaks Apartments 4179 Millbranch Road Memphis, TN 38116 Phone: 901-348-9906 Fax: #Bdrms #Apts 1 2 3 4 53 9 Avg Size 604 694 # Apt Homes: 62 Avg Size: 617 Avg Rent: $389 Net Avg Rent: $389 Avg Rent/Sq ft: $0.63 Avg Rent $375 $472 Net Avg Rent $375 $472 Rent PFS $0.62 $0.68 Submarket: Southwest Year Built: 1973 Renovated: Financing: Conventional Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Playground Pool Tennis Washer/Dryer Connections Washer/Dryer In Unit Storage Units Mgt Firm: Swan Property Management LLC Manager: Brenda Burks Winbranch Apartments 3551 Dalebranch Drive Memphis, TN 38116 Phone: 901-345-1745 Fax: 901-398-0943 #Bdrms #Apts 1 2 3 4 140 320 Avg Size 606 909 # Apt Homes: 460 Avg Size: 817 Avg Rent: $444 Net Avg Rent: $444 Avg Rent/Sq ft: $0.54 Avg Rent $395 $465 Net Avg Rent $395 $465 Rent PFS $0.65 $0.51 http://www.cfgonline.com/aboutCFG/index.cfm Submarket: Southwest Year Built: 1973 Renovated: Financing: Conventional Storage Units Mgt Firm: LEDIC Management Group Manager: Sharica Jackson http://www.sentinelcorp.com/ http://www.stonemarkpropertymanagement.com/
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