docSponsored Ad - Apartment Association of Greater Memphis
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Sponsored Ad - Apartment Association of Greater Memphis
Sponsored Ad Introduction The Apartment Association of Greater Memphis Board of Directors is pleased to present the 1st Edition of The Source for 2012. 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 sixth year, The Source includes data from 296 apartment communities totaling 65,613 units. At 2011 year‐end, Greater Memphis area occupancy (including distressed) rose 1.9% to 89.7%, compared to 2010 year‐end. Occupancy (including distressed) improved in all submarkets except Collierville/Germantown with a minimal ‐ 0.3% change and Jackson, TN with a ‐1.7% change. The Southwest, Southeast, Raleigh, and Frayser submarkets continue to be at the bottom in terms of occupancy. When we exclude distressed units, 2011 year‐end Greater Memphis area occupancy jumps to 93.1%, compared to 92.09% at 2010 year‐ year‐end compared to 2010 year‐end. Only the Jackson, TN submarket saw rent reductions representing a ‐2.1% change. The Collierville/Germantown, Downtown, and Cordova/Lakeland submarkets continue to top the market in terms of average market rents at $985, $877, and $831 respectively. Average effective rent for the Greater Memphis area was $687, which is 3.5% below the average market rate. We appreciate the information provided by our Membership. We recognize their dedicated contribution to make this annual project possible and extend great thanks for their continued 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. Board of Directors Apartment Association of Greater Memphis end. Average market rent for the Greater Memphis area grew by 2.6% to $712 at 2011 Apartment Association of Greater Memphis 5384 Poplar Avenue, Suite 320 Memphis, TN 38119 Phone: 901.685.9108 | Fax: 901.685.9124 Email: [email protected]| Website: www.aagm.org AAGM President Julia VanderRoest, Fogelman Management Group Member at Large Davy Johnson, CLK Multifamily Management AAGM President-Elect Melissa Walker Moore, CLK Multifamily Management, LLC Member at Large Pierce Ledbetter, LEDIC Management Group AAGM Treasurer Crystal Dollahite, LEDIC Management Group Member at Large Butch Miller, AAA Restoration AAGM Secretary David Nischwitz, MAA Member at Large Jimmy Ringel, Makowsky Ringel Greenberg, LLC 38103, 38105, 38107 Associate’s Council Chairman Cindy Lemons, For Rent Media Solutions, For Rent.com _________________________________________________________________________ 38119, 38120, 38122, 38117 AAGM Board Market Analysis Chairman Charles Hutton, CLK Multifamily Management, LLC 38127 Education Chairman Tammy Yeargan, Fogelman Management Group 38305 Diamond Achievement Chairman Tara Werne, Makowsky Ringel Greenberg, LLC 38104, 38107, 38111, 38112 Membership Chairman Tiffany Collum, CORT 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 East Frayser Jackson, TN Mid-town NorthMississippi 38632, 38637, 38654, 38671, 38664, 38680 Raleigh 38108, 38128 Southeast 38115, 38118, 38125 Southwest 38106, 38109, 38114, 38116, 38126, 38132, 38131 AAGM Mission Statement The purpose of the AAGM is topromote 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 thepurpose of maintaining high standards and sound business practices to meet the needs of the property owners, management companies and rental housing community. Active Past AAGM Presidents: Pattie Woods, Fogelman Management Group (2004-2005) Debi Wherry, Fogelman Management Group (2005-2006) Maney Heckle, H.M. Heckle & Company (2006-2007) Keith Acton, LEDIC Management Group (2007-2008) John Barger, Fogelman Management Group (2008-2009) Beth Brock, MAA (2009-2010) Tammy Bailey, CLK Multifamily Management, LLC (2010-2011) __________________________________________________________________________ Trade Show Chairman Tammie Harris, For Rent Media Solutions, For Rent.com Golf Tournament Chairman Angie Huffman, Belfor USA Programs Chairman Susan Mealer, Answering Advantage Community Involvement Chairman Amanda Hall, MAA Public Relations Chairman Christy Miller, Apartment Guide Maintenance Mania Chairman Connie Wakeman, Stonemark Management Member at Large Courtney Barnes, Woodyard Realty Corporation Member at Large Mark Fogelman, Fogelman Management Group Apartment Association of Greater Memphis 5384 Poplar Ave. Suite 320 Memphis, TN 38119 901.685.9108 901.685.9124 f www.aagm.org [email protected] Executive Director Robin Riggins Membership Coordinator Lisa Craig Special Projects Manager Jennifer Barger 2011 Memphis Multifamily Market Statistics 7 Apartment Community Index 18 Management Company Alpha Listing 19 Summary Statistics| Market Rent and Effective Rent 20 Rent and Occupancy | Year Over Year 24 Conventional Statistics | Market Rent and Effective Rent 22 Tax Credit Statistics | Market Rent and Effective Rent 23 Rent Trend by Submarket 24 Occupancy Trend by Submarket 25 Delinquency Rates by Submarket 26 2011 Sales 27 2011 New and Planned Construction 28 2011 Foreclosure 29 Employment and Business 33 ff 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 2012 Membership 5384 Poplar Ave.Suite #320 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 ____________________________________________ New Members can join at any time during the calendar year. Membership dues automatically renew and are due January 31. AAGM is keenly aware of the importance of the Associate Member to our Association. Keep in mind that membership does not automatically give you anexclusive 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 Directorsonce a month for approval. 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 MAA Makowsky Ringel Greenberg Riverstone Residential Group Sentinel Real Estate Corp. Stonemark Management Company Sunshine Corporation Woodyard Realty Corporation For more information about AAGM please call 901.685.9108 or email: [email protected]. AAGM Membership (as of 12/31/11) Total units: Management Companies: Properties: Associate Members: 54,400 23 237 139 Community Index Property Submarket # Units Addison at Collierville, The Adler Apartments Airways Villa Apartments Allison Arms Almadura Apartments Annandale Gardens Annie's Apartments & Townhomes Apartments at Hedgerow Apartments at LaPaloma Appletree North Appletree South Appling Lakes at Cordova Club April Woods Arbors of Century Center Arbors of Harbor Town Arbors of Hickory Ridge Arbors River Oaks Ascension Tower Ashland Lakes Ashton Hills Apartments Aspenwood Square Townhomes Atlantic Oaks Apartments Audubon Downs Austin Park Place Autumn Ridge Apartments Bailey Creek Barboro Flats - Memphis Flats Barron Court Apartments Bartlett Crossing Collierville/Germantown Downtown Southwest East Mid-town North Mississippi Frayser Southeast Southwest Frayser Frayser Cordova/Lakeland Mid-town Bartlett Downtown Southeast East Mid-town Southeast Raleigh Southeast Mid-town Mid-town Southwest Southeast Collierville/Germantown Bartlett Southwest Bartlett 226 20 182 36 48 400 200 167 80 70 57 312 107 420 345 348 191 194 360 200 120 91 100 71 140 232 82 84 152 Management Company Financing Fogelman Management Group LEDIC Management Group JCH Property Management Co. Inc. Makowsky Ringel Greenberg LLC Woodyard Realty Corp. Multi-South Management Services LEDIC Management Group BL Realty LLC Northern Incorporated Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Sagebrush Capital Management AAMCI CLK Multifamily Management, LLC Carter-Haston Real Estate Service Fairfield Residential Madison Apartment Group Fountainbleau Management Services, LLC Pedcor Homes BL Realty LLC LEDIC Management Group Ambassador Management, LLC Makowsky Ringel Greenberg LLC Lighthouse Property Mgmt Group, LLC LEDIC Management Group Fogelman Management Group Henry Turley Company Epstien Enterprises Stonemark Management Company Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Tax Credit Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket Bartlett Heights / Boyd Lane Beacon Manor Apartments Bella Vista Belle Harbour Bellevue Woods Belvedere Apartments, The Bent Tree Apartments Bickford Square Apartments Birches at Countryside, The Birches Townhouses Blair House Blair Tower Apartments Bradford Chase Bradford Park Apartments Briar Club Apartments Bristol on Union Brook Chase Apartments Buena Vista Apartments Butterfield Village Camden Grove Apartments Camellia Trace Apartment Homes Camelot Manor Campus View Properties Cane Creek Apartments Canterbury Woods Canterra Park Apartments Carriage House Carrington at Houston Levee Cedar Mill Apartments and Townhomes Cedar Ridge Patio Homes Cedarwood Apartments Bartlett Frayser Southeast Downtown Cordova/Lakeland Mid-town Southwest Mid-town Bartlett Southwest East Downtown Jackson, TN North Mississippi Southeast Mid-town Collierville/Germantown Frayser East Cordova/Lakeland Jackson, TN Southeast Mid-town Southwest Bartlett Southwest Frayser Cordova/Lakeland Southeast Cordova/Lakeland Raleigh # Units 173 72 432 217 226 97 377 47 122 105 64 191 148 208 272 220 280 62 236 552 212 304 205 125 365 912 156 226 276 138 80 Management Company Financing H M Heckle & Company Rose Investments LEDIC Management Group Sentinel Real Estate Corp Bellevue Baptist Church Owner Managed Ambassador Management, LLC Northern Incorporated Stonemark Management Company Better Building Management LLC LEDIC Management Group Equity Management, Inc. MAA Ambling Management Company Fogelman Management Group Sentinel Real Estate Corp Sentinel Real Estate Corp Owner Managed Bell Partners, LLC Grant and Company Freeman Webb Management Makowsky Ringel Greenberg LLC H M Heckle & Company Lighthouse Property Mgmt Group, LLC Mid-America Management Corporation Management Solutions, Inc. Makowsky Ringel Greenberg LLC Davis Development LLC MAA H M Heckle & Company LEDIC Management Group Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket Centennial Gardens Central Station Apartments Central Terrace Champion Hills at Stonebridge Champion Hills at Windyke Chapel Ridge of Jackson Charter Oaks Cherokee Cabana Cherokee Square Apartments Cherry Crest Cherry Gardens Cherry Grove Apartments Chickasaw Place Apartments Church Lake Apartments 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 Countryside North Apartments Countryview Apartments Court Square Center Courtyard Off The Square Crescent at Wolfchase Southeast Downtown Mid-town Cordova/Lakeland Southeast Jackson, TN Southwest Mid-town Southwest Mid-town Mid-town Jackson, TN Mid-town North Mississippi Southeast North Mississippi North Mississippi Southeast Collierville/Germantown Collierville/Germantown Mid-town Mid-town Cordova/Lakeland Frayser Southeast Cordova/Lakeland Bartlett Raleigh Downtown Collierville/Germantown Bartlett # Units 432 45 6 432 263 124 98 104 39 68 50 380 272 352 208 384 392 144 88 252 80 454 196 135 200 726 152 335 75 40 200 Management Company Financing LEDIC Management Group H M Heckle & Company Omni Realty Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Lynd Company BL Realty LLC Fogelman Management Group Owner Managed Epstien Enterprises Makowsky Ringel Greenberg LLC Freeman Webb Management ALCO Management Fogelman Management Group Fogelman Management Group Owner Managed Owner Managed Owner Managed GMH Capital Partners Asset Service, LP Freeman Webb Management Ambassador Management, LLC Owner Managed Sentinel Real Estate Corp Alpha Property Management First Choice Management Group, Inc. Fogelman Management Group Whitney Management Corporation Sunshine Corporation Freeman Real Estate Company J.D. Marks Morgan Management Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket Crockett Park Place Apartments Crossings at Fox Meadows Cypress Lakes Dogwood Creek Dogwood Trace Apartments Eagles Landing Apartments Eastwood Park Apartments Eden Pointe Edgewater Apartments Edison Park Apartments El Dorado Apartments Ellington at Kirby Embassy House Emerald Pointe Townhomes Enclave, The Estates at River Pointe, The Eton Square Exchange Building Apartments Farmington Gates Faronia Square Townhouses Festival Square Apartments Fielders Square Downtown Fieldstone Apartments Forest Park Forest Pines Foxhaven Gardenwood Apartments Gateway Apartments Gayoso House Georgian Woods Gilmore, The Frayser Southeast North Mississippi Collierville/Germantown Southeast Bartlett Southeast Southeast Bartlett Downtown Southwest Southeast East Southeast Southeast Downtown Southeast Downtown Collierville/Germantown Southwest Raleigh Downtown Southeast Frayser Mid-town North Mississippi Raleigh North Mississippi Downtown Mid-town Mid-town # Units 84 184 160 278 168 96 174 288 688 311 188 164 231 93 208 400 208 199 182 204 38 244 698 102 68 96 152 168 156 100 148 Management Company Financing Ambassador Management, LLC Northland Investment Corporation J S Property Management Fogelman Management Group Fountainbleau Management Services, LLC American Apartment Management BL Realty LLC BL Realty LLC Sunshine Corporation Makowsky Ringel Greenberg LLC H M Heckle & Company Makowsky Ringel Greenberg LLC Dattel Realty Hallmark Management Co. Inc Stonemark Management Company Sentinel Real Estate Corp Makowsky Ringel Greenberg LLC H M Heckle & Company CLK Multifamily Management, LLC Freeman Webb Management Mid-South Residential Heritage Properties LEDIC Management Group Owner Managed Makowsky Ringel Greenberg LLC Makowsky Ringel Greenberg LLC Pinnacle Management Services LEDIC Management Group LEDIC Management Group H M Heckle & Company Henry Turley Company Tax Credit Conventional Conventional Conventional Conventional Tax Credit Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket Glen Townhomes, The Goodwill Village Apartments Graceland Farms Apartments Greenbriar Apartments Greenbrook Apartments Greenlaw Place Apartments Greenview Estates Grove at Trinity Pointe Hamilton at Turman Farms Harmony Park Apartments Harold Ford Villas Hermitage Apartments Hickory Farm Apartments Highland Hills Apartments Highland Meadows Highland Oaks Apartments (Highlander) Highlander Hillcrest Apartments Hilldale Apartments Houston Levee Hunters Trace Apartments Island Park & Harbor Town Square Jamesbridge Jefferson Place Jennifer Meadows Kensington Manor Keystone Landing Apartments Kimbrough Towers Kirby Station Lakes at Ridgeway Landings Apartments, The Bartlett Raleigh Southwest Frayser Bartlett Downtown Raleigh Cordova/Lakeland North Mississippi Mid-town Southwest Southwest Southeast Southeast Southwest Mid-town Mid-town Southwest Frayser Cordova/Lakeland East Downtown Raleigh Downtown Raleigh Southeast Raleigh Mid-town East Southeast Southeast # Units 138 200 192 208 1037 88 158 464 496 162 72 80 200 260 600 33 61 215 148 289 192 300 432 65 224 570 131 96 371 378 292 Management Company Financing Sunshine Corporation Owner Managed H M Heckle & Company ALCO Management MAA ALCO Management Pinnacle Management Services RAM Partners, LLC Hamilton at Turman Farms Manager LLC Owner Managed Lighthouse Property Mgmt Group, LLC Better Building Management LLC Northland Investment Corporation Hediger Enterprise LEDIC Management Group Owner Managed Owner Managed LEDIC Management Group TESCO Properties Riverstone Residential Group Fogelman Management Group Sentinel Real Estate Corp The Apogee Company H M Heckle & Company Lexington Investments LEDIC Management Group Hediger Enterprise Northland Investment Corporation MAA Resource Residential Mid-America Management Corporation Conventional Tax Credit Conventional Tax Credit Conventional Tax Credit Tax Credit Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket 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 Madison Place Apartments Magnolia Landing Magnolias At Hernando Mallard Creek Meadows, The Memphis Towers 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 Mississippi Collierville/Germantown Bartlett Southwest Raleigh Cordova/Lakeland Southeast Southwest Mid-town East East Collierville/Germantown Mid-town East Jackson, TN Jackson, TN North Mississippi North Mississippi Bartlett Downtown East East Downtown Mid-town Cordova/Lakeland Mid-town Southwest Mid-town Southwest Southeast Frayser # Units 144 371 300 184 90 408 618 22 196 392 1002 324 64 300 80 60 240 144 200 296 82 118 79 114 144 50 448 38 278 202 171 Management Company Financing LEDIC Management Group Fogelman Management Group Owner Managed Lighthouse Property Mgmt Group, LLC BL Realty LLC RAM Partners, LLC MAA Ambassador Management, LLC PK Management Resource Residential Madison Apartment Group Fogelman Management Group Owner Managed Fogelman Management Group Lighthouse Property Mgmt Group, LLC D and K Management Makowsky Ringel Greenberg LLC LEDIC Management Group Fogelman Management Group Owner Managed 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 Tax Credit Conventional Conventional Tax Credit Tax Credit Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket North Creek Apartments Number 10 Main Street Oak Hollow Apartment Community Oakridge Patio Homes Oaks, The Oakshire Overton Place Communities Owens Place Townhouses Park Estate, The Park Lane (Midtown Place) Park Trace Park's Edge at Shelby Farms Parkway Commons Patrician Terrace Apartments Pecan Grove Apartments Pembroke Square Pershing Park Apartments Pinewood Manor & Townhomes Plantation Apartments 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 Providence Place Apartments Quail Ridge North Mississippi Downtown North Mississippi North Mississippi Jackson, TN Southwest Mid-town Downtown East Mid-town Jackson, TN Cordova/Lakeland Southwest Jackson, TN North Mississippi Downtown Frayser Southwest North Mississippi Frayser Southeast East East East Jackson, TN Jackson, TN Southwest Southeast Southeast Southeast Bartlett # Units 250 115 277 431 100 300 120 81 82 51 84 450 80 102 152 45 160 142 336 252 86 99 35 220 150 128 172 414 306 376 238 Management Company Financing J S Property Management Ambassador Management, LLC Dial Equities Standard Enterprise MAA Owner Managed Makowsky Ringel Greenberg LLC Ambassador Management, LLC MAA Makowsky Ringel Greenberg LLC Ambling Management Company NTS Development Company Lighthouse Property Mgmt Group, LLC Freeman Webb Management J S Property Management LEDIC Management Group ALCO Management Makowsky Ringel Greenberg LLC Heritage Properties WI Memphis LLC Makowsky Ringel Greenberg LLC H M Heckle & Company H M Heckle & Company GMH Capital Partners Asset Service, LP MAA MAA LEDIC Management Group Carter-Haston Real Estate Service Fogelman Management Group Stonemark Management Company Heritage Properties Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket Quail Ridge Highlands Raleigh Court Townhomes Raleigh Village Apts & Townhomes Reese Road Apartments Registry at Wolfchase Renaissance Apartments Reserve at Dexter Lake Richmond Place Ridge at Jackson Apartments, The Ridgeway Commons Ridgeway Terrace Apartments River Grove Townhomes River Pointe Apartments River Trace Apartments Riverbend Place Apartments Riverdale Apartments Riverset Robinhood Park Apartments Rock Creek Apartments Rocky Creek Apartments Rolling Hills Apartments Rosecrest Salem Manor Apartments Savannah Creek Shannon Falls Sherwood Apartments Somerset Park Apartments Southcrest Lakes Southwind Lakes Springdale Creek Apartments St. Regis (Midtown Place) Bartlett Raleigh Raleigh Bartlett Cordova/Lakeland Downtown Cordova/Lakeland Southwest Jackson, TN East Southeast Raleigh North Mississippi Bartlett Mid-town East Downtown Mid-town Bartlett North Mississippi Frayser Mid-town Southwest North Mississippi Frayser Mid-town Southeast North Mississippi Southeast Raleigh Mid-town # Units 160 54 227 76 512 216 740 125 88 127 332 176 136 442 30 520 500 104 192 200 138 92 102 204 87 108 496 224 276 84 46 Management Company Financing Heritage Properties Ambassador Management, LLC Grant and Company Cottonwood Capital ALCO Management Whitney Management Corporation MAA Lighthouse Property Mgmt Group, LLC Rich Smith Management, LLC CLK Multifamily Management, LLC Sunshine Corporation Property Asset Management J S Property Management Multifamily Management, Inc. LEDIC Management Group Sunshine Corporation KPH Development ALCO Management Sunshine Corporation Makowsky Ringel Greenberg LLC ALCO Management Northland Investment Corporation Ambassador Management, LLC MAA LEDIC Management Group BL Realty LLC LEDIC Management Group Makowsky Ringel Greenberg LLC Pedcor Homes Ambassador Management, LLC Makowsky Ringel Greenberg LLC Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Conventional Tax Credit Conventional Tax Credit Conventional Conventional Conventional Conventional Conventional Tax Credit Tax Credit Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket Stonebridge Crossing Stonebrook Stonegate Apartments Stoneridge at Germantown Falls Stratford Place (Midtown Place) Stratum on Highland, The Summereast Apartments Summit Apartments, The Summit Park Apartments Surrey Apartments Sutton Place Apartment Homes Sycamore Lake Apartments Tanglewood Apartments Ten Mile Creek Apts. & Townhomes Town House Apartments Trails of Mt. Moriah Trinity Lakes University Cabana University Crossing Uptown Square Valley Forge Apartments Venue, The Verano Park LLC Village Green Apartments Village of Sycamore Ridge Villas at Cordova Villas at Grays Creek Vineyards Apartments (Olive Branch) Vineyards, The (Germantown) Walnut Hill Waring Park Apartments Cordova/Lakeland Southeast Raleigh Southeast Mid-town Mid-town East Raleigh Southwest Raleigh North Mississippi Bartlett Bartlett Southeast Mid-town Southeast Cordova/Lakeland Mid-town Mid-town Downtown Southwest Mid-town Southwest Southeast Bartlett Cordova/Lakeland Bartlett North Mississippi Collierville/Germantown Cordova/Lakeland East # Units 500 244 208 486 36 85 120 320 402 108 253 356 199 344 166 630 290 444 215 347 229 160 320 314 114 256 238 456 200 360 84 Management Company Financing Merion Realty Services, LLC WRH Realty Services The Apogee Company Northland Investment Corporation Makowsky Ringel Greenberg LLC McKinney Property H M Heckle & Company Fogelman Management Group ALCO Management Tri-Cap Management, Inc. MAA H M Heckle & Company Hayes - Gibson International Equity Management, Inc. Lexington Investments Fogelman Management Group CLK Multifamily Management, LLC Owner Managed Makowsky Ringel Greenberg LLC ALCO Management Makowsky Ringel Greenberg LLC Woodyard Realty Corp. Verano Park LLC Lexington Investments TVO North American Friedman Intergrated Real Estate Solutions Davis Development LLC Heritage Properties Sentinel Real Estate Corp Riverstone Residential Group Owner Managed 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 Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Community Index Property Submarket Waterford Place Weatherstone Weaver Fields Apartments Wesley Forest Apartments Westbury, The Westminster Townhomes Westwind Townhomes & Duplexes Westwood Apartments Whitehaven Oaks Apartments Whitney Manor Apartments Williamsburg Manor (Highlander) Wingood Manor Woodchase Apartments Woodglen Village Woodlake Apartments Woods of Post House Wyndham, The Southeast North Mississippi Southwest Southwest Southeast Collierville/Germantown North Mississippi Bartlett Southwest Frayser Mid-town Southeast Cordova/Lakeland Frayser Southeast Jackson, TN East # Units 320 81 108 165 350 100 231 181 62 96 44 216 808 72 122 122 322 Management Company Financing Friedman Intergrated Real Estate Solutions ALCO Management Ambassador Management, LLC Ambassador Management, LLC Makowsky Ringel Greenberg LLC H M Heckle & Company J S Property Management Makowsky Ringel Greenberg LLC Swan Property Management LLC Group 40 LLC Owner Managed Makowsky Ringel Greenberg LLC Sunshine Corporation Hayes - Gibson International Makowsky Ringel Greenberg LLC MAA Grant and Company Conventional Conventional Tax Credit Tax Credit Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Conventional Tax Credit Conventional Conventional Conventional www.thda.org www.clk-properties.com www.stonemarkpropertymanagement.com/ Management Company Listing Reporting properties only - does not reflect total managed in market Management Company AAMCI ALCO Management Alpha Property Management Ambassador Management, LLC Ambling Management Company American Apartment Management Bell Partners, LLC Bellevue Baptist Church Better Building Management LLC BL Realty LLC Buckingham Properties Carter‐Haston Real Estate Service CLK Multifamily Management, LLC Cottonwood Capital D and K Management Dattel Realty Davis Development LLC Dial Equities Epstien Enterprises Equity Management, Inc. Fairfield Residential First Choice Management Group, Inc. Fogelman Management Group Fountainbleau Management Services Freeman Real Estate Company Freeman Webb Management Friedman Intergrated Real Estate Solutions GMH Capital Partners Asset Service, LP Grant and Company www.clk-properties.com Properties 1 12 1 12 2 1 1 1 2 7 1 2 4 1 1 1 2 1 2 2 1 1 17 2 1 5 2 2 3 Units 107 2,597 135 1,363 292 96 236 226 185 1,125 200 759 1,019 76 60 231 464 277 152 535 348 200 5,120 362 75 1,150 576 308 1,101 Management Company Properties Group 40 LLC H M Heckle & Company Hallmark Management Co. Inc Hamilton at Turman Farms Manager LL Hayes ‐ Gibson International Hediger Enterprise Henry Turley Company 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 Lynd Company MAA Madison Apartment Group Makowsky Ringel Greenberg LLC Management Solutions, Inc. McKinney Property Merion Realty Services, LLC Mid‐America Management Corporation Mid‐South Residential Monterra Park Management, LLC Morgan Management Multi‐South Management Services Multifamily Management, Inc. Northern Incorporated 1 14 1 1 2 2 2 5 5 1 1 1 25 3 7 1 13 2 32 1 1 1 2 1 1 1 1 1 2 www.stonemarkpropertymanagement.com Units 96 2,015 93 496 271 391 230 1,434 929 40 182 500 5,918 704 737 124 4,229 1,193 5,143 912 85 500 657 38 278 200 400 442 127 Management Company Properties Units Northland Investment Corporation NTS Development Company Omni Realty Owner Managed Pedcor Homes Pinnacle Management Services PK 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 LLC TESCO Properties The Apogee Company Tri‐Cap Management, Inc. TVO North American Verano Park LLC Whitney Management Corporation WI Memphis LLC Woodyard Realty Corp. 5 1 1 20 2 2 1 1 2 2 1 2 1 1 7 1 4 7 1 1 2 1 1 1 2 1 2 1,058 450 6 3,700 636 310 196 176 872 770 88 649 72 312 1813 431 858 3013 62 148 640 108 114 320 368 252 220 WRH Realty Services 1 244 www.thda.org Greater Memphis Summary Statistics* Year End 2011 Market and Effective Rent $0.71 1,238 Effective Rent $897 Market Rent Rent Sq.ft $929 Avg Sq.ft Effective Rent 4 bedroom Market Rent Avg Sq.ft Rent Sq.ft 3 bedroom Effective Rent Market Rent Rent Sq.ft Avg Sq.ft 2 bedroom Effective Rent Market Rent Avg Sq.ft Rent Sq.ft Effective Rent 1 bedroom Market Rent Avg Sq.ft Overall Rent Sq.ft Occupancy Excluding Distressed Total Units Occupancy Submarket Total Units # of Props Including Distressed Bartlett 24 6,321 91.60% 23 93.06% $0.75 964 $719 $689 $0.82 758 $620 $593 $0.72 1,031 $741 711 $0.71 1,306 Collierville/Germantown 12 2,573 94.68% 12 94.68% $0.93 1,059 $985 $967 $1.04 811 $842 $811 $0.92 1,075 $984 979 $0.86 1,391 $1201 $1171 Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest 20 8,029 94.33% 20 94.33% $0.82 1,019 $831 $802 $0.92 793 $726 $700 $0.79 1,101 $865 827 $0.75 1,323 22 4,335 93.86% 21 95.31% $1.02 864 $877 $847 $1.08 702 $759 $736 $0.97 1,065 $1028 987 $0.88 1,379 $1207 $1172 21 4,824 94.05% 20 94.70% $0.80 997 $798 $790 $0.98 726 $708 $683 $0.76 1,065 $808 810 $0.72 1,470 $1054 $1026 $0.66 1,600 $1050 $1050 18 2,270 87.75% 17 89.53% $0.62 837 $520 $505 $0.70 610 $427 $423 $0.61 829 $508 490 $0.62 1,042 $651 $633 $0.56 1,204 $671 $671 13 1,778 95.28% 13 95.28% $0.67 983 $659 $644 $0.77 720 $556 $553 $0.65 1,021 $666 645 $0.62 1,259 $785 $765 $0.70 1,333 $935 $935 42 4,974 90.79% 40 95.54% $0.75 813 $607 $597 $0.97 586 $568 $565 $0.67 910 $612 589 $0.70 1,032 $727 $726 $0.66 1,137 $756 $756 26 6,615 93.91% 26 93.91% $0.73 1,029 $756 $734 $0.83 810 $672 $653 $0.72 1,046 $753 732 $0.69 1,263 $875 $844 19 3,448 86.89% 18 89.78% $0.65 911 $589 $564 $0.75 694 $519 $490 $0.63 934 $593 571 $0.59 1,157 $681 $651 $0.54 1,303 $698 $695 46 13,683 85.10% 43 91.27% $0.72 955 $684 $652 $0.82 731 $603 $567 $0.68 1,037 $707 676 $0.65 1,351 $881 $858 $0.51 1,271 $652 $617 33 296 6,763 79.42% 65,613 89.66% 27 90.80% 280 93.08% $0.57 924 $526 $501 $0.67 643 $432 $411 $0.57 $0.53 1,205 $634 $615 $0.51 1,371 $693 $690 Total Properties Reporting 296 Total Units Reporting 65,613 Occupancy including distressed properties 89.66% Occupancy excluding distressed properties 93.08% Avg. Market Rent $712 Effective Rent $687 Avg. Unit Size 953 Market Rent per sq. ft. $0.75 Eff. Rent per sq. ft. $0.72 897 $511 480 $989 $880 $880 $970 Unit Density Southwest Bartlett 11% Collierville/Germantown 8% 4% Southeast Cordova/Lakeland 16% 7% Raleigh Downtown 6% 8% East North Mississippi 7% 9% Frayser Mid-town 6% 14% Jackson, TN 4% *Beginning 2009, the summary statistics include distressed properties (defined as less than 65% occupancy). Represents data on December 31, 2011. www.clk-properties.com www.stonemarkpropertymanagement.com www.thda.org $720 $713 $710 $700 $690 $689 $694 $690 $680 Rent Trend* All Memphis Area Apartments Year End 2011 $693 $685 $670 2006 2007 2008 2009 2010 2011 92% 91% 90% 90% 90% 91% 89% 89% 89% 88% Occupancy Trend* All Memphis Area Apartments Year End 2011 88% 87% 86% 2006 2007 2008 2009 2010 2011 *Beginning 2009, distressed assets are included in the analysis. www.clk-properties.com www.stonemarkmanagement.com www.thda.org Conventional Properties* Year End 2011 Market and Effective Rent Effective Rent Market Rent Effective Rent $919 $692 $0.82 763 $624 $597 $0.72 1,038 $747 $715 $0.71 1,342 Collierville/Germantown 12 2,573 94.68% 12 94.68% $0.93 1059 $985 $967 $1.04 811 $842 $811 $0.92 1,075 $984 $979 $0.86 1,391 $1201 $1171 Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest 20 8,029 94.33% 20 94.33% $0.82 1019 $831 $802 $0.92 793 $726 $700 $0.79 1,101 $865 $827 $0.75 1,323 17 3,515 94.79% 17 94.79% $1.02 904 $925 $892 $1.08 737 $795 $770 $0.98 1,087 $1064 $1019 $0.97 1,361 $1321 $1276 19 4,678 93.93% 18 94.60% $0.80 997 $799 $793 $0.98 725 $709 $685 $0.76 1,068 $809 $814 $0.72 1,484 $1068 $1046 $0.66 11 1,314 81.20% 10 83.83% $0.60 798 $476 $449 $0.69 609 $418 $413 $0.58 829 $483 $453 $0.55 $0.61 950 $575 $ 575 8 1,324 95.02% 8 95.02% $0.69 1000 $688 $668 $0.79 751 $594 $589 $0.67 1,035 $690 $663 36 4,492 90.38% 34 95.65% $0.76 788 $601 $590 $0.98 579 $570 $566 $0.68 900 $611 $587 $0.64 1,152 $735 $ 735 22 5,664 94.03% 22 94.03% $0.76 1030 $778 $752 $0.84 811 $684 $663 $0.74 1,054 $779 $754 15 2,916 85.87% 14 89.23% $0.65 913 $594 $567 $0.75 700 $525 $496 $0.64 945 $601 $578 40 12,155 84.41% 37 91.37% $0.74 946 $699 $663 $0.85 726 $614 $574 $0.70 17 4,005 74.53% 13 86.16% $0.58 886 $510 $475 $0.69 630 $433 $411 $0.57 238 56,539 89.44% 225 92.84% Total Properties Reporting 238 Total Units Reporting 56,539 Occupancy including distressed properties 89.44% Occupancy excluding distressed properties 92.84% Avg. Market Rent Avg. Net Rent Avg. Unit Size Market Rent per sq. ft. Eff. Rent per sq. ft. 1,600 $1,050 $1,050 952 $522 $453 $830 $803 $0.79 960 $760 $758 $0.72 1,264 $907 $872 $0.58 1,216 $706 $670 $0.34 2,400 $820 $ 800 1,038 $726 $691 $0.69 1,349 $934 $905 $0.51 1,271 $652 $ 617 897 $507 $460 $0.53 1,122 $594 $574 $0.54 1,242 $673 $ 668 Southeast 17% Bartlett 9% Southwest 7% Raleigh 6% North Mississippi 9% Mid-town $704 953 $0.77 $0.74 $970 $0.64 1,296 Unit Density $731 Rent Sq.ft 968 $723 Rent Sq.ft $0.75 Avg Sq.ft 93.08% Rent Sq.ft 20 Avg Sq.ft 91.50% Rent Sq.ft 5,874 # of Props 21 $989 Avg Sq.ft Market Rent $956 Bartlett Submarket Avg Sq.ft 4 bedroom Avg Sq.ft Effective Rent 3 bedroom Rent Sq.ft Market Rent 2 bedroom Effective Rent Market Rent 1 bedroom Effective Rent Overall Market Rent Occupancy Excluding Distressed Total Units Occupancy Total Units Including Distressed Collierville/Germantown 5% Cordova/Lakeland 9% East 8% 15% Downtown 7% Frayser 5% Jackson, TN 3% *Beginning 2009, the summary statistics include distressed properties (defined as less than 65% occupancy). Represents data on December 31, 2011. www.clk-properties.com www.stonemarkpropertymanagement.com www.thda.org Tax Credit Properties* Year End 2011 Market and Effective Rent Total $661 $661 $0.71 1,088 5 820 89.88% 4 98.23% $0.97 692 $669 $653 $1.10 588 $646 $628 $0.82 871 $713 $704 $0.57 1,439 2 146 97.95% 2 97.95% $0.77 995 $770 $682 $0.88 745 $657 $565 $0.78 966 $758 $675 $0.69 1,318 7 956 96.76% 7 96.76% $0.65 890 $581 $581 $0.74 613 $451 $451 $0.66 830 $546 $546 $0.65 1,075 5 454 96.04% 5 96.04% $0.62 934 $575 $574 $0.70 627 $440 $440 $0.60 973 $583 $583 $0.58 1,183 6 482 94.61% 6 94.61% $0.63 1047 $660 $660 $0.68 781 $531 $531 $0.60 1,044 $630 $630 $0.62 1,114 Avg Sq.ft 4 951 93.17% 4 93.17% $0.61 1022 $626 $626 $0.69 805 $552 $552 $0.62 1,003 $624 $624 $0.55 1,256 4 532 92.48% 4 92.48% $0.63 900 $564 $550 $0.72 601 $433 $416 $0.62 869 $543 $530 $0.61 1,013 6 1,528 90.58% 6 90.58% $0.55 1022 $566 $565 $0.62 780 $486 $492 $0.55 1,029 $561 $555 $0.51 1,359 16 58 2,758 86.51% 9,074 91.03 14 55 96.32% 94.58% $0.56 $549 $537 $0.64 666 $429 $412 $0.58 896 $518 $510 $0.52 1,285 Properties Reporting 58 Total Units Reporting 9,074 Occupancy including distressed properties 91.03% Occupancy excluding distressed properties 94.58% Avg. Market Rent $591 Avg. Net Rent $584 Avg. Unit Size 949 Market Rent per sq. ft. $0.62 Eff. Rent per sq. ft. $0.62 979 $768 $765 $818 $818 Effective Rent 930 Market Rent $0.71 Avg Sq.ft $528 Rent Sq.ft Effective Rent $548 4 bedroom Effective Rent Market Rent $0.82 667 Market Rent Rent Sq.ft $657 Rent Sq.ft Effective Rent $663 Avg Sq.ft Market Rent 908 Avg Sq.ft $0.73 Rent Sq.ft 92.84% # of Props 3 Occupancy 447 92.84% Total Units Effective Rent 3 bedroom Market Rent 2 bedroom Avg Sq.ft 1 bedroom Rent Sq.ft Bartlett Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest Overall 3 # of Props Submarket Excluding Distressed Occupancy Including Distressed $0.71 1,238 $880 $880 $0.51 1,600 $820 $820 $0.70 1,333 $935 $935 $0.71 1,114 $788 $788 $688 $688 $621 $605 $0.61 1,109 $676 $676 $698 $698 $672 $655 $0.47 1,504 $713 $713 $912 $817 $699 $699 $690 $688 $691 $691 Unit Density Southwest 28% Downtown 9% Bartlett 5% East 3% Southeast 10% Raleigh 7% Mid-town 10% Frayser 12% Jackson, TN 9% North Mississippi 7% *Beginning 2009, the summary statistics include distressed properties (defined as less than 65% occupancy). Represents data on December 31, 2011. www.clk-properties.com www.stonemarkmanagement.com www.thda.org Rent Trend By Submarket 2007 - 2011 2007 2008 2009 2010 Bartlett $692 2007 $693 $688 2008 2009 2010 $743 104% 2011 $755 $645 $961 Frayser $520 $507 $659 $609 Mid-Town $597 $607 104% $493 $963 $573 104% 100% $673 2011 96% $985 $947 2010 $626 $618 100% $506 $941 2009 Jackson, TN 104% $723 96% Collierville/ 104% 2008 $766 100% 96% 2007 $798 East $719 104% 100% 2011 100% $468 $558 $565 100% 96% 96% 96% Cordova/ Lakeland 104% $824 $826 100% $829 $831 104% $743 100% $802 $740 $746 $756 Downtown $875 $848 $841 $843 www.clk-properties.com $684 $877 104% $676 $661 96% Southwest Raleigh $526 $606 $599 100% $589 $579 96% 96% $693 100% 96% 104% 104% $746 $667 96% 100% Southeast North MS 104% $500 $521 $526 $518 100% $544 96% www.stonemarkpropertymanagement.com www.thda.org Occupancy Trend By Submarket 2007 - 2011 2007 2008 2009 2010 2011 2007 Bartlett 92.00% 4% 91.60% 90.92% 4% Collierville/ Germantown 89.96% 89.88% Frayser 4% 95.91% 94.95% 93.08% 94.68% 92.81% 0% 95.89% 94.86% 2011 95.23% 97.00% 95.28% Mid-Town 89.32% 84.45% 4% 87.75% 85.53% 94.09% 93.67% 91.11% 0% 91.93% 93.68% 93.91% 4% 87.53% 87.96% 0% 85.32% 92.25% -4% Downtown Raleigh 93.73% 93.86% 0% 85.10% Southwest 4% 4% 84.81% -4% -4% 91.44% 88.71% Southeast 94.33% 92.14% 94.07% 90.79% 89.75% -4% North MS 4% 94.61% 90.86% 0% Cordova/ Lakeland www.clk-properties.com 2010 86.86% 4% -4% 2009 4% 90.82% 77.00% 94.81% 2008 -4% -4% 0% 2007 Jackson, TN -4% 4% 0% 2011 87.87% -4% 0% 2010 94.05% 0% 89.22% 2009 East 91.36% 0% 2008 4% 90.94% 88.00% 0% 88.68% 85.24% 86.89% www.stonemarkpropertymanagement.com -4% 83.63% 82.40% 80.38% 78.50% 79.42% www.thda.org Delinquency Rates By Submarket* Rent Collection Period December 1 - 31, 2011 Southeast Southwest Total: 261 4.27% 4.14% 4.08% Total: Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast Southwest 19 11 18 16 18 9 7 33 22 12 33 14 3.73% 0.90% 1.03% 1.01% 2.15% 7.50% 1.25% 4.13% 4.73% 5.49% 4.58% 10.13% 2.98% 0.80% 0.91% 1.43% 4.32% 6.00% 0.40% 7.93% 2.76% 6.21% 4.24% 9.24% 3.19% 1.05% 1.02% 1.46% 3.96% 10.64% 1.19% 6.98% 2.40% 3.45% 4.79% 6.89% 212 3.80% Delinquency Raleigh Bartlett 12.31.10 Delinquency North Mississippi 3.07% 1.05% 1.02% 2.60% 4.87% 6.73% 1.23% 6.66% 2.62% 3.47% 4.76% 7.51% Delinquency Mid-town 2.91% 0.80% 0.91% 2.14% 4.22% 5.02% 1.07% 7.43% 3.01% 6.01% 3.99% 10.11% Delinquency Jackson, TN 3.65% 0.90% 1.03% 2.17% 2.22% 4.73% 1.57% 5.05% 5.43% 5.47% 5.18% 9.24% Delinquency Frayser 22 11 18 20 20 14 12 38 25 14 38 29 6.31.11 Tax Credit Properties East Delinquency Downtown Delinquency Cordova/Lakeland Delinquency Collierville/Germantown 12.31.11 6.31.11 12.31.10 Conventional Properties Total Bartlett 12.31.11 12.31.10 Delinquency 6.31.11 Properties 12.31.11 3 2.68% 2.01% 2.56% Southwest 4 9.16% 2 4.11% 5 0.95% 5 2.42% 5 15.47% 3 10.77% 2 5.17% 5 10.19% 15 7.90% 6.11% 1.37% 2.89% 2.79% 4.14% 7.37% 4.23% 1.99% 11.79% 8.97% 11.91% 1.57% 1.42% 3.83% 4.31% 3.50% 4.42% 8.45% Total: 49 7.53% 6.21% 5.43% Bartlett 3.86% 3.84% Collierville/Germantown Cordova/Lakeland Downtown East Frayser Jackson, TN Mid-town North Mississippi Raleigh Southeast *261 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.stonemarkmanagement.com www.thda.org Multifamily 30+ Units Sold in 2011 Apt Name Watkins Manor Apts Southpointe Townhomes St Thomas Square Apts The Doral Apts h lA Kenilworth Apts Emerald Square Apts Emerald Pointe Apts Related Sale Emerald Park Apts 927 Latham Apts Clearbrook Village Apts Cedarwood Apts Cromwell Park Apts Lamar Crossing Apts Park Place Apts. Timber Pines Apts Timber Pines Apts Timber Apts Lynnfield Place Apts Warren Apts Related Tulane I & II Apts Sale The Orchards of Collierville Apts Preserve at Forest Creek Apts French Village Apts Richlieu Apts Peachtree South Apts Bristol Park Apts p Brentwood Place Apts Campus Heights I, II, and III Apts Glen Oaks Condos (fomer Oak Park Apts) Somerset Park Apts Village of Sycamore Ridge Apts The Perserve at Southwind Apts Whispering Pines Apts Whispering Pines Apts Macon Manor Apts City Park Apts Stonebridge Apts Average Apartment Sales TOTAL Apartment Sales Date 01/28/11 02/25/11 02/25/11 02/28/11 03/09/11 03/18/11 03/18/11 03/18/11 03/30/11 03/31/11 04/01/11 04/05/11 05/06/11 05/17/11 05/25/11 06/13/11 06/14/11 06/15/11 06/15/11 06/17/11 / / 06/29/11 06/30/11 07/01/11 07/08/11 07/14/11 / / 08/22/11 08/31/11 09/23/11 09/27/11 10/11/11 10/12/11 10/15/11 10/19/11 10/28/11 12/06/11 # Units 216 124 32 74 164 117 92 157 30 152 80 54 120 120 114 200 400 248 200 226 414 244 32 62 300 216 148 224 496 114 306 98 120 192 500 182 6,386 Sales Price $450,000 $1,425,000 $125,000 $375 000 $375,000 $945,000 $4,117,400 $2,567,000 $3,315,600 $52,500 $2,650,000 $1,150,000 $380,000 $1,450,000 $400,000 $878 923 $878,923 $750,000 $22,400,000 $5,260,000 $4,240,000 $15,700,000 $ $45,500,000 $2,800,000 $485,000 $60,000 $27,820,300 , , $8,500,000 $1,878,000 $420,927 $1,100,000 $3,350,000 $22,200,000 $350 000 $350,000 $775,000 $450,000 $21,921,121 $5,892,622 $206,241,771 #1 Large and Small Apartment Brokerage Firm www.WoodyardRealty.com 901 767 1998 Price/Unit $2,083 $11,492 $3,906 $5 068 $5,068 $5,762 $35,191 $27,902 $21,118 $1,750 $17,434 $14,375 $7,037 $12,083 $3,333 $7 710 $7,710 $3,750 $56,000 $21,210 $21,200 $69,469 $ $109,903 $11,475 $15,156 $968 $92,734 , $39,352 $12,689 $1,879 $2,218 $29,386 $72,549 $3 571 $3,571 $6,458 $2,344 $43,842 $32,296 REO X X X X X X X X X X X X X X 41% Yr Built 1965 1973 1959 1969 1969 1974 1975 1973 1969 1973 1973 1969 2007 1967 1973 1974 1974 1970 1968 1991 2008 1969 1968 1966 2001 1989 1986 1967 1972 1973 2000 1973 1972 1975 1994 Zip Code 38127 38116 38106 38122 38111 38115 38115 38115 38126 38118 38128 38118 38114 38116 38127 38128 38119 38106 38109 38017 38125 38122 38116 38127 38133 38134 38111 38106 38118 38134 38125 38114 38122 38118 38018 (City Nationa #1 Large and Small Apartment Brokerage Firm www.WoodyardRealty.com 901.767.1998 Multifamily 30+ Units Foreclosed in 2011 Apt Name Richlieu Apts St Thomas Square Apts Watkins Manor Apts. The Stratum Apts Tillman Apts Macon Manor Apts Village of Cordova Apts Park Place Apts. Winchester Oaks Apts Campus Heights I, II, & III Emerald Square Apts Emerald Pointe Apts Emerald Park Apts Waterford Place Apts 3923 Jackson 3923 Jackson Birchleaf Apts Graceland Square Apts Chambliss Village Empirian Colonnade Apts Coventry Village Apts Northside Manor Apts Address 3846 Millbranch Rd 1297 Lauderdale S 2601 N Watkins 510 S Highland 456 Tillman 4450 Macon 8546 Prestine Loop 4392 McCorkle 1895 Winchester 3251, 3341, 3427 Southern 6082 Knightsbridge Drive 3315 Hickory Hill 3338 Summer Place Ln 8037 Waterford Circle 3923 Jackson 3923 Jackson 1033 Whitaker 1283 E Raines Rd 1104 Chambliss 7455 Wolf River 1340 Winchester 1541 Northside Dr Date Jan‐11 Jan‐11 Jan‐11 Feb‐11 Mar‐11 Mar‐11 May‐11 May‐11 May‐11 Jun‐11 Jul‐11 Jul‐11 Jul‐11 Aug‐11 Aug‐11 Oct‐11 Oct‐11 Oct‐11 Nov‐11 Nov‐11 Dec‐11 # Units 32 32 216 85 44 120 256 120 160 148 117 92 157 320 98 64 40 36 252 470 150 Year 1968 1959 1965 2008 1961 1972 2003 1967 1964 1986 1974 1975 1973 2001 1966 1965 1965 1968 1996 1969 1974 Zip Code 38116 38106 38127 38111 38112 38122 38018 38116 38116 38111 38115 38115 38115 38125 38108 38116 38116 38116 38138 38116 38127 #1 Large and Small Apartment Brokerage Firm www.WoodyardRealty.com 901.767.1998 2012 New and Planned Apartment Construction Over 30 Units Apt Name Zip Area 204 38103 Near completion 180 38018 80 38114 Under Construction Planning 120 38017 Planning Late 2012 50 38103 Planning 2012 54 38103 Planning Mar-13 160 38103 Planning Late 2013 328 38125 Planning 2013 Red Mountain Development, $29M luxury apartment project Irene Woods Apts, Phase II Bill Morris Pkwy & Forest Hill Irene Fieldstone Phase III & IV 432 38125 Planning 2014 Phase II, 432 units (175 1-bdrm, 237 2-bdrm, 20 3-bdrm) construction to begin 2012 (Phase I was Sr. Housing) 200 38125 Planning 2014 Memphis Triangle Family 106 38126 Planning Mar-15 Heritage Landing 105 38126 Planning Mar-15 Highland Row (U of M area) 234 38111 Planning TBD The Lofts at Cotton Council 1918 N. Parkway Ziraili Heights Apartments 25 E. Virginia Ave The Doyles Apts 3595 Southern Ave Schilling Farms Apts Collierville 106 38112 Planning TBD 72 38106 Planning TBD 127 38111 Planning TBD 253 38017 Planning TBD Grand Island Apts Mud Island Orleans Place at Walnut Grove Walnut Grove Melrose Place Apts 3000 Barron Ave Westbrook Crossing Apts Phase 1 Shea Road, Collierville Cotton Mills Apts 607 Monroe Ave Island Terrace Apts 600 North Island Drive Hotel Chisca 272 S. Main Miller Creek at Germantown Status Projected Notes Completion Mar-12 204 apts in 5 bdgs, clubhouse & 49 rental garages Construction completed soon; Strong lease up Late 2012 Phase I has 180 units under construction; Phase II 96 units, 18.3 acres # Units Late 2012 Low income tax credit; will replace the vacant 164-unit Barronbrook Apts with 80 2-bdrm, 1 bath units; Single and 1.5 story, triplex and quads buildings; Total # units 227; construction expected to start soon Four-story; 38 two-bdrm & 12 one-bdrms; 3 four-story apt buildings with parking garages on ground floor & clubhouse; 2-bdrm units; SW corner Winchester &Forest Hill-Irene Former Clearborn Homes site; will be garden apts combined market rate/LIHTC project with PHU units Former Clearborn Homes; will be garden apt buildings will be a combination market rate/LIHTC 369 rental units (234 apts/35 townhomes) plus 113,200 SF of retail space Former National Cotton Council of America headquarters; walking distance to Rhodes College; (Phase 1: 46 units; phase II: 60 units) Low-Income Housing, building permit has been filed 4-story project with 8,600 SF of ground floor retail or office space on Southern Ave. Construction expected to start by late 2012 Page 1 of 2 2012 New and Planned Senior Housing Construction Over 30 Units Apt Name # Units Zip Area Irene Woods Sr Housing, Phase I Bill Morris Pkwy & Forest Hill Irene Legends Park North Senior 140 38125 Memphis Triangle Senior 84 81 38126 Status Under Construction Planning Planning Projected Notes Completion 2012 Phase I: 140-unit Sr. housing under construction Mar-15 Mar-15 Former Dixie Homes site; 3 story building; LIHTC project with PHU units as well Former Clearborn Homes site; will be garden 4 story building; LIHTC project with PHU units as well Page 2 of 2 Memphis Employment and Business January 2008 - June of 2011: 13,316 new jobs have been created in the Memphis area with an average wage of $40,000 representing $3.47 Billion in new capital development. Five year goal of Chamber: 25,000 jobs Recent new jobs: Flextronics Nike SFI of TN Electrolux Dealer Track Blue Earth Flex Con Surface Dynamics Snycreon USA Pacific Paper Mitsubishi Elec. Power Cargill Rivana Foods Blues City Brewery Great American Steamboat Co. Jobs Pipe Line: Memphis has thirty-three businesses considering landing in the Memphis Metro area, as of 2011 year end. This produces a potential for 3,249 jobs representing over $1.58 billion in capital investment. 740 new jobs and intent to grow to 1250 jobs 450 new jobs retained 1800 jobs 400 1250 new jobs | suppliers to add 2250 more jobs 150 100 60 75 60 60 281 275 150 500 589 International Changes that will benefit Memphis: Suppliers are hesitant to ship through the West Coast for a variety of reasons. Asian suppliers are using the Suez Canal which benefits Memphis via shipping networks. Source: Woodyard Realty and Memphis Regional Chamber THDAal s opr ov i des : 1 Mar ket youruni t s f orFREE! 3 2 THDApr ovi desdat a aboutyourl ocal Housi ng Mar ket . Pr ovi deFi nanci alSuppor tt hr ought he Low I ncomeHousi ngTaxCr edi tandt he Mul t i Fami l yBondAut hor i t yPr ogr ams Homeowner s hi p Pr ogr ams For ec l os ur e Pr ev ent i on Homebuy er Educ at i on andmor e! Seewww. t hda. or g f ormor ei nf or mat i on. Bartlett Property Detail Arbors of Century Center 1490 Century Arbor Lane Memphis, TN 38134 Phone: 901-382-5785 Fax: 901-382-5859 # Apt Homes: 420 Submarket: Bartlett Avg Size: 919 Year Built: 1988 Avg Rent: $700 Net Avg Rent: $624 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 204 720 $613 $534 2 172 1060 $758 $684 3 44 1289 $876 $805 4 Rent PFS $0.85 $0.72 $0.68 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: CLK Multifamily Management, LLC Manager: Bethany Overton Barboro Flats - Memphis Flats 100 Gayoso Avenue Memphis, TN 38103 Phone: 901-734-3333 Fax: 901-526-0301 # Apt Homes: 82 Submarket: Bartlett Avg Size: 769 Year Built: 2010 Avg Rent: $933 Net Avg Rent: $933 Avg Rent/Sq ft: $1.21 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 72 711 $860 $860 2 10 1189 $1460 $1460 3 4 Rent PFS $1.21 $1.23 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Henry Turley Company Manager: Stephanie Hall Bartlett Crossing 5760 Silvercreek Drive South Memphis, TN 38134 Phone: 901-372-8962 Fax: 901-388-4483 # Apt Homes: 152 Submarket: Bartlett Avg Size: 885 Year Built: 1989 Avg Rent: $704 Net Avg Rent: $640 Avg Rent/Sq ft: $0.80 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 70 750 $644 $586 2 82 1000 $755 $687 3 4 http://www.forrent.com/ Rent PFS $0.86 $0.76 Renovated: 2007 Financing: Conventional Washer/Dryer In Unit Mgt Firm: Stonemark Management Company Manager: Christy Mayo http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Bartlett Property Detail Bartlett Heights / Boyd Lane 6130 Bartlett View Lane Bartlett, TN 38134 Phone: 901-388-6901 Fax: 901-937-8233 # Apt Homes: 173 Submarket: Bartlett Avg Size: 1071 Year Built: 1972 Avg Rent: $729 Net Avg Rent: $695 Avg Rent/Sq ft: $0.68 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 125 1002 $695 $649 3 48 1250 $816 $816 4 Renovated: 1992 Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: H M Heckle & Company $0.69 $0.65 Manager: Sherri Ashby Birches at Countryside, The 6939 Dusty Trail Lane Memphis, TN 38133 Phone: 901-382-5723 Fax: 901-373-1440 # Apt Homes: 122 Submarket: Bartlett Avg Size: 951 Year Built: 1984 Avg Rent: $818 Net Avg Rent: $759 Avg Rent/Sq ft: $0.86 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 30 700 $720 $660 2 77 1000 $825 $756 3 15 1200 $975 $975 4 Rent PFS $1.03 $0.82 $0.81 Renovated: 2004 Financing: Conventional 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 # Apt Homes: 365 Submarket: Bartlett Avg Size: 859 Year Built: 1985 Avg Rent: $657 Net Avg Rent: $657 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 170 725 $608 $608 2 195 976 $700 $700 3 4 Rent PFS $0.84 $0.72 Renovated: 2002 Financing: Conventional Mgt Firm: Mid-America Management Corporation Manager: Jennier Boyd http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Bartlett Property Detail 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: $695 Net Avg Rent: $695 Avg Rent/Sq ft: $0.74 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 22 665 $618 $618 2 108 935 $686 $686 3 22 1191 $818 $818 4 Rent PFS $0.93 $0.73 $0.69 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Whitney Management Corporation Manager: Kenia Arthur Crescent at Wolfchase 7819 Crescent Ridge Lane Memphis, TN 38133 Phone: 901-384-9400 Fax: 901-384-9796 # Apt Homes: 200 Submarket: Bartlett Avg Size: 986 Year Built: 2006 Avg Rent: $853 Net Avg Rent: $836 Avg Rent/Sq ft: $0.87 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 50 788 $744 $724 2 125 1022 $865 $852 3 25 1206 $1015 $979 4 Rent PFS $0.94 $0.85 $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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Morgan Management Manager: Corey Werling Eagles Landing Apartments # Apt Homes: 7833 Stellar Lane Memphis, TN 38125 Phone: 901-758-6340 Fax: 901-758-0916 96 Submarket: Bartlett Avg Size: 1009 Year Built: 2007 Avg Rent: $742 Net Avg Rent: $742 Avg Rent/Sq ft: $0.74 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 760 $560 $560 2 24 947 $690 $690 3 40 1054 $790 $790 4 16 1238 $880 $880 http://www.mrgmemphis.com/ Rent PFS $0.74 $0.73 $0.75 $0.71 Renovated: Financing: Tax Credit Mgt Firm: American Apartment Management Manager: Michelle Kelly Rev. Mgt. Yes Software: http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Bartlett Property Detail Edgewater Apartments 1965 Sycamore Heights Lane Memphis, TN 38134 Phone: 901-388-6915 Fax: 901-387-0594 # Apt Homes: 688 Submarket: Bartlett Avg Size: 936 Year Built: 1985 Avg Rent: $685 Net Avg Rent: $573 Avg Rent/Sq ft: $0.73 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 240 750 $605 $495 2 368 1000 $710 $595 3 80 1200 $810 $705 4 Rent PFS $0.81 $0.71 $0.68 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Sunshine Corporation Manager: Barbara Hogwood Glen Townhomes, The 6081 Summer Avenue Memphis, TN 38134 Phone: 901-382-2994 Fax: # Apt Homes: 138 Submarket: Bartlett Avg Size: 1251 Year Built: 1972 Avg Rent: $682 Net Avg Rent: $634 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 46 1022 $630 $575 3 92 1365 $708 $663 4 Renovated: Financing: Conventional Rent PFS Mgt Firm: Sunshine Corporation $0.62 $0.52 Manager: Property Manager Greenbrook Apartments # Apt Homes: 1037 1400 Greenbrook Parkway Memphis, TN 38134 Phone: 901-386-1991 Fax: 901-386-1313 Avg Size: 908 Avg Rent: $619 Net Avg Rent: $619 Avg Rent/Sq ft: $0.68 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 449 759 $545 $545 2 582 1022 $673 $673 3 6 1100 $900 $900 4 Rent PFS $0.72 $0.66 $0.82 Submarket: Bartlett Year Built: 1972 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: MAA Manager: Donna Hicks http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Bartlett Property Detail Highland Chateau Apartments 5246 Raleigh-LaGrange Memphis, TN 38134 Phone: 901-388-8998 Fax: 901-377-7516 # Apt Homes: 300 Submarket: Bartlett Avg Size: 1220 Year Built: 1975 Avg Rent: $629 Net Avg Rent: $629 Avg Rent/Sq ft: $0.52 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 760 $529 $529 2 204 1250 $629 $629 3 48 1550 $729 $729 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units 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 # Apt Homes: 300 Submarket: Bartlett Avg Size: 1094 Year Built: 2002 Avg Rent: $1098 Net Avg Rent: $1098 Avg Rent/Sq ft: $1.00 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 100 764 $806 $806 2 150 1198 $1195 $1195 3 50 1441 $1389 $1389 4 Rent PFS $1.05 $1.00 $0.96 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Lauren Goedecke 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: $659 Net Avg Rent: $635 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 800 $605 $575 2 104 1100 $709 $690 3 4 Rent PFS $0.76 $0.64 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Tracie Mason http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Bartlett Property Detail Quail Ridge 4200 Trenton Drive Bartlett, TN 38135 Phone: 901-937-3300 Fax: 901-937-3388 # Apt Homes: 238 Submarket: Bartlett Avg Size: 1193 Year Built: 1996 Avg Rent: $885 Net Avg Rent: $885 Avg Rent/Sq ft: $0.74 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 78 952 $750 $750 2 126 1253 $875 $875 3 34 1521 $1235 $1235 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Heritage Properties Manager: Candice Lindsey Rev. Mgt. Yes Software: Quail Ridge Highlands 6344 Quail Meadow Cove Bartlett, TN 38135 Phone: 901-384-4226 Fax: 901-388-9953 # Apt Homes: 160 Submarket: Bartlett Avg Size: 1042 Year Built: 2007 Avg Rent: $1034 Net Avg Rent: $996 Avg Rent/Sq ft: $0.99 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 40 754 $890 $865 2 96 1084 $1009 $967 3 24 1355 $1375 $1333 4 Rent PFS $1.18 $0.93 $1.01 Renovated: Financing: Conventional Mgt Firm: Heritage Properties Manager: Keri Corley Rev. Mgt. Yes Software: 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: $700 Net Avg Rent: $685 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 76 980 $700 $685 3 4 http://www.maac.com/ Renovated: Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: Cottonwood Capital $0.71 Manager: James Jacob http://www.forrent.com/ http://www.hmheckle.com/ Bartlett Property Detail River Trace Apartments 2165 E. River Trace Drive Memphis, TN 38134 Phone: 901-377-3865 Fax: 901-377-0990 # Apt Homes: 442 Submarket: Bartlett Avg Size: 986 Year Built: 1979 Avg Rent: $616 Net Avg Rent: $616 Avg Rent/Sq ft: $0.62 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 176 809 $504 $504 2 192 1044 $663 $663 3 74 1260 $762 $762 4 Rent PFS $0.62 $0.64 $0.60 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Multifamily Management, Inc. Manager: Jackie Chamberlain Rock Creek Apartments 8150 Rock Creek Parkway Memphis, TN 38018 Phone: Fax: # Apt Homes: 192 Submarket: Bartlett Avg Size: 825 Year Built: 1987 Avg Rent: $690 Net Avg Rent: $610 Avg Rent/Sq ft: $0.84 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 700 $635 $555 2 96 950 $745 $665 3 4 Rent PFS $0.91 $0.78 Renovated: Financing: Conventional Mgt Firm: Sunshine Corporation Manager: Property Manager 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: 1975 Avg Rent: $556 Net Avg Rent: $549 Avg Rent/Sq ft: $0.64 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 162 748 $501 $511 2 194 968 $602 $580 3 4 Rent PFS $0.67 $0.62 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Kimberly Bellinger http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Bartlett Property Detail Tanglewood Apartments 5770 Tangle Oaks Drive Memphis, TN 38134 Phone: 901-382-0060 Fax: 901-383-2699 # Apt Homes: 199 Submarket: Bartlett Avg Size: 841 Year Built: 1975 Avg Rent: $601 Net Avg Rent: $588 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 74 647 $524 $494 2 92 919 $624 $624 3 33 1061 $709 $699 4 Rent PFS $0.81 $0.68 $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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units 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 # Apt Homes: 114 Submarket: Bartlett Avg Size: 1303 Year Built: 1974 Avg Rent: $777 Net Avg Rent: $690 Avg Rent/Sq ft: $0.60 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 72 1130 $712 $630 3 42 1600 $889 $795 4 Renovated: Financing: Conventional Rent PFS Mgt Firm: TVO North American $0.63 $0.56 Manager: Latoya Sallie Villas at Grays Creek 10107 Havanese Lane Cordova, TN 38016 Phone: 901-757-5501 Fax: 901-757-5502 # Apt Homes: 238 Submarket: Bartlett Avg Size: 1154 Year Built: 2011 Avg Rent: $1098 Net Avg Rent: $1098 Avg Rent/Sq ft: $0.95 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 92 880 $897 $897 2 100 1252 $1159 $1159 3 46 1486 $1370 $1370 4 http://www.baerfirm.net/ Rent PFS $1.02 $0.93 $0.92 Renovated: Financing: Conventional Mgt Firm: Davis Development LLC Manager: Teri Kirby http://www.mrgmemphis.com/ http://www.maac.com/ Washer/Dryer In Unit Bartlett Property Detail Westwood Apartments 501 South Avalon Street West Memphis, AR 72301 Phone: 870-735-2478 Fax: 870-735-2429 # Apt Homes: 181 Submarket: Bartlett Avg Size: 892 Year Built: 1971 Avg Rent: $452 Net Avg Rent: $452 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 629 $389 $389 2 165 917 $458 $458 3 4 http://www.forrent.com/ Rent PFS $0.62 $0.50 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Tyrone Parsons Rev. Mgt. Yes Software: http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Collierville/Germantown Property Detail Addison at Collierville, The 400 Orchard Circle West Collierville, TN 38017 Phone: 901-854-5400 Fax: 901-854-5422 # Apt Homes: 226 Avg Size: 1031 Avg Rent: $913 Net Avg Rent: $988 Avg Rent/Sq ft: $0.89 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 56 807 $805 $841 2 130 1060 $916 $1015 3 40 1250 $1055 $1107 4 Rent PFS $1.00 $0.86 $0.84 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Kirsten Johnson Bailey Creek 1907 N. Bailey Woods Drive Collierville, TN 38017 Phone: 901-853-0003 Fax: 901-853-0922 # Apt Homes: 232 Avg Size: 981 Avg Rent: $1037 Net Avg Rent: $985 Avg Rent/Sq ft: $1.06 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 775 $880 $855 2 112 961 $1027 $979 3 56 1258 $1235 $1145 4 Rent PFS $1.14 $1.07 $0.98 Submarket: Collierville/Germantown Year Built: 1998 Renovated: Financing: Conventional 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 # Apt Homes: 280 Avg Size: 1102 Avg Rent: $1051 Net Avg Rent: $1051 Avg Rent/Sq ft: Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 108 799 $849 $849 2 108 1149 $1049 $1049 3 64 1533 $1394 $1394 4 http://www.forrent.com/ $0.95 Rent PFS $1.06 $0.91 $0.91 Submarket: Collierville/Germantown Year Built: 1993 Renovated: 2008 Financing: Conventional Washer/Dryer In Unit Mgt Firm: Sentinel Real Estate Corp Manager: Christie McVay, CAM http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Collierville/Germantown Property Detail 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 8 710 $565 $565 2 80 877 $699 $699 3 4 Rent PFS $0.80 $0.80 Submarket: Collierville/Germantown 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: GMH Capital Partners Asset Service, LP Manager: Martha Byrd Colonnade, The 7491 Wyndhurst Place Germantown, TN 38138 Phone: 901-751-7900 Fax: 901-751-7988 # Apt Homes: 252 Avg Size: 1162 Avg Rent: $986 Net Avg Rent: $986 Avg Rent/Sq ft: $0.85 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 84 1023 $841 $841 2 128 1189 $999 $999 3 40 1372 $1249 $1249 4 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 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Freeman Webb Management Manager: Sarah Simmons Courtyard Off The Square 325 Center Street Collierville, TN 38017 Phone: 901-550-1313 Fax: # Apt Homes: 40 Avg Size: 850 Avg Rent: $705 Net Avg Rent: $705 Avg Rent/Sq ft: $0.83 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 40 850 $705 $705 3 4 Submarket: Collierville/Germantown Year Built: 1973 Renovated: Financing: Conventional Rent PFS Mgt Firm: J.D. Marks $0.83 Manager: Danny Quinn http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Collierville/Germantown Property Detail Dogwood Creek 1969 N. Dogwood Creek Drive Collierville, TN 38017 Phone: 901-854-8822 Fax: 901-861-0809 # Apt Homes: 278 Avg Size: 988 Avg Rent: $957 Net Avg Rent: $889 Avg Rent/Sq ft: $0.97 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 106 784 $816 $733 2 100 1002 $969 $881 3 72 1268 $1149 $1131 4 Rent PFS $1.04 $0.97 $0.91 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Heather McKenzie Farmington Gates 2216 Brierbrook Road Germantown, TN 38138 Phone: 901-754-4170 Fax: 901-754-9224 # Apt Homes: 182 Avg Size: 1057 Avg Rent: $871 Net Avg Rent: $870 Avg Rent/Sq ft: $0.82 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 44 701 $699 $699 2 102 1121 $885 $883 3 36 1311 $1039 $1039 4 Rent PFS $1.00 $0.79 $0.79 Submarket: Collierville/Germantown Year Built: 1973 Renovated: Financing: Conventional Storage Units Mgt Firm: CLK Multifamily Management, LLC Manager: Debbie Parris Legacy Farm Apartments 1130 Legacy Farm Court Collierville, TN 38017 Phone: 901-850-9555 Fax: 901-850-9551 # Apt Homes: 371 Avg Size: 1042 Avg Rent: $1031 Net Avg Rent: $1026 Avg Rent/Sq ft: $0.99 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 127 808 $883 $809 2 196 1127 $1055 $1084 3 48 1317 $1325 $1362 4 http://www.mrgmemphis.com/ Rent PFS $1.09 $0.94 $1.01 Submarket: Collierville/Germantown Year Built: 2001 Renovated: Financing: Conventional Mgt Firm: Fogelman Management Group Manager: Wendi Reinmann Rev. Mgt. Yes Software: http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Collierville/Germantown Property Detail 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: $1021 Net Avg Rent: $936 Avg Rent/Sq ft: $1.03 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 782 $845 $817 2 164 1015 $1068 $999 3 64 1268 $1166 $955 4 Rent PFS $1.08 $1.05 $0.92 Submarket: Collierville/Germantown 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Kylie Childress Rev. Mgt. Yes Software: Vineyards, The (Germantown) 7109 Vineyard Way Germantown, TN 38138 Phone: 901-755-9394 Fax: 901-755-9324 # Apt Homes: 200 Avg Size: 1087 Avg Rent: $1099 Net Avg Rent: $1081 Avg Rent/Sq ft: Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 84 784 $898 $856 2 84 1189 $1166 $1166 3 32 1613 $1448 $1448 4 $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: $989 Net Avg Rent: $994 Avg Rent/Sq ft: $0.62 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 30 1400 $899 $915 3 70 1686 $1027 $1027 4 Submarket: Collierville/Germantown Year Built: 1966 Renovated: Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: H M Heckle & Company $0.64 $0.61 Manager: Chastity Wamble http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Cordova/Lakeland Property Detail Appling Lakes at Cordova Club 1392 Equestrian Drive Cordova, TN 38018 Phone: 901-755-6630 Fax: 901-755-6929 # Apt Homes: 312 Avg Size: 1134 Avg Rent: $928 Net Avg Rent: $931 Avg Rent/Sq ft: $0.82 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 89 794 $740 $757 2 171 1213 $946 $959 3 52 1458 $1188 $1138 4 Rent PFS $0.93 $0.78 $0.81 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Sagebrush Capital Management Manager: Connie Roebuck Rev. Mgt. Yes Software: Bellevue Woods 1818 Timber Glen Drive West Cordova, TN 38016 Phone: 901-388-1888 Fax: 901-388-4201 # Apt Homes: 226 Avg Size: 984 Avg Rent: $965 Net Avg Rent: $972 Avg Rent/Sq ft: $0.98 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 118 738 $742 $757 2 108 1252 $1208 $1206 3 4 Rent PFS $1.01 $0.96 Submarket: Cordova/Lakeland Year Built: 1990 Renovated: Financing: Conventional Mgt Firm: Bellevue Baptist Church Manager: Lynn Webb Camden Grove Apartments 1571 Houston Levee Cordova, TN 38016 Phone: 901-624-4000 Fax: 901-624-4000 # Apt Homes: 552 Avg Size: 980 Avg Rent: $918 Net Avg Rent: $840 Avg Rent/Sq ft: $0.94 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 232 779 $825 $740 2 320 1125 $985 $913 3 4 http://www.forrent.com/ Rent PFS $1.06 $0.88 Submarket: Cordova/Lakeland Year Built: 2005 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Grant and Company Manager: Tracie Rhea http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Cordova/Lakeland Property Detail Carrington at Houston Levee 10041 Blue Rapid Lane Memphis, TN 38016 Phone: 901-309-6611 Fax: 901-309-6644 # Apt Homes: 226 Avg Size: 1091 Avg Rent: $966 Net Avg Rent: $923 Avg Rent/Sq ft: $0.89 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 860 $808 $751 2 112 1226 $1054 $1015 3 18 1486 $1266 $1266 4 Rent PFS $0.94 $0.86 $0.85 Submarket: Cordova/Lakeland 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Davis Development LLC Manager: Katy Baker Rev. Mgt. Yes Software: Cedar Ridge Patio Homes 6977 Amberly Village Drive Cordova, TN 38018 Phone: 901-382-3230 Fax: 901-382-3204 # Apt Homes: 138 Avg Size: 1100 Avg Rent: $850 Net Avg Rent: $799 Avg Rent/Sq ft: $0.77 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 138 1100 $850 $799 3 4 Submarket: Cordova/Lakeland Year Built: 1978 Renovated: Financing: Conventional Rent PFS Mgt Firm: H M Heckle & Company $0.77 Manager: Chris Ezell Champion Hills at Stonebridge 2918 Champions Drive Lakeland, TN 38002 Phone: 901-937-0190 Fax: 901-937-1400 # Apt Homes: 432 Avg Size: 1067 Avg Rent: $651 Net Avg Rent: $822 Avg Rent/Sq ft: $0.61 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 120 805 $720 $724 2 280 1135 $696 $832 3 32 1451 N/A $1107 4 Rent PFS $0.89 $0.61 N/A Submarket: Cordova/Lakeland Year Built: 1998 Renovated: Financing: Conventional Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Rhonda Brown http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Cordova/Lakeland Property Detail 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: $787 Net Avg Rent: $778 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 40 780 $675 $669 2 156 1172 $816 $806 3 4 Rent PFS $0.87 $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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Sentinel Real Estate Corp Manager: Cambric Ford Rev. Mgt. Yes Software: Country Squire 8056 Country Squire Lane Cordova, TN 38018 Phone: 901-756-4272 Fax: 901-756-6080 # Apt Homes: 726 Avg Size: 961 Avg Rent: $746 Net Avg Rent: $673 Avg Rent/Sq ft: $0.78 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 216 791 $689 $680 2 510 1033 $771 $670 3 4 Rent PFS $0.87 $0.75 Submarket: Cordova/Lakeland Year Built: 1987 Renovated: Financing: Conventional Mgt Firm: Fogelman Management Group Manager: Greg Harris Rev. Mgt. Yes Software: Grove at Trinity Pointe 555 Wood Arbor Parkway Cordova, TN 38018 Phone: 901-756-1906 Fax: 901-756-1908 # Apt Homes: 464 Avg Size: 935 Avg Rent: $712 Net Avg Rent: $699 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 222 725 $619 $615 2 172 1061 $752 $735 3 70 1289 $907 $879 4 http://www.mrgmemphis.com/ 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 http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Cordova/Lakeland Property Detail 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 1009 $747 $747 2 129 1134 $870 $870 3 64 1343 $1035 $1035 4 Rent PFS $0.74 $0.77 $0.77 Submarket: Cordova/Lakeland Year Built: 2001 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Riverstone Residential Group Manager: Courtney Jones Rev. Mgt. Yes Software: Lincoln at Wolfchase 2460 Vintage Drive Cordova, TN 38016 Phone: 901-380-0188 Fax: 901-380-1994 # Apt Homes: 408 Avg Size: 933 Avg Rent: $823 Net Avg Rent: $823 Avg Rent/Sq ft: $0.88 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 216 778 $733 $733 2 180 1098 $904 $904 3 12 1250 $1224 $1224 4 Rent PFS $0.94 $0.82 $0.98 Submarket: Cordova/Lakeland Year Built: 1999 Renovated: 2005 Financing: Conventional 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 # Apt Homes: 144 Avg Size: 1236 Avg Rent: $623 Net Avg Rent: $605 Avg Rent/Sq ft: $0.50 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 8 812 $490 $475 2 44 1107 $580 $565 3 92 1334 $655 $635 4 Rent PFS $0.60 $0.52 $0.49 Submarket: Cordova/Lakeland Year Built: 2006 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Sarah Shepherd, CAM http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Cordova/Lakeland Property Detail Park's Edge at Shelby Farms 536 Shelby Grove Drive Cordova, TN 38018 Phone: 901-759-0770 Fax: 901-759-0772 # Apt Homes: 450 Avg Size: 1054 Avg Rent: $953 Net Avg Rent: $953 Avg Rent/Sq ft: $0.90 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 198 825 $801 $801 2 196 1177 $1006 $1006 3 56 1433 $1303 $1303 4 Rent PFS $0.97 $0.85 $0.91 Submarket: Cordova/Lakeland Year Built: 1997/2 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: NTS Development Company Manager: Kerie Petroff Registry at Wolfchase 1810 W. Wolfchase Circle Cordova, TN 38016 Phone: 901-752-3811 Fax: 901-752-8797 # Apt Homes: 512 Avg Size: 1087 Avg Rent: $936 Net Avg Rent: $830 Avg Rent/Sq ft: $0.86 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 761 $750 $690 2 326 1135 $940 $840 3 90 1261 $1120 $945 4 Rent PFS $0.99 $0.83 $0.89 Submarket: Cordova/Lakeland Year Built: 1997 Renovated: Financing: Conventional 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 # Apt Homes: 740 Avg Size: 1088 Avg Rent: $760 Net Avg Rent: $760 Avg Rent/Sq ft: $0.70 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 230 957 $706 $706 2 446 1126 $750 $750 3 64 1298 $1020 $1020 4 Rent PFS $0.74 $0.67 $0.79 Submarket: Cordova/Lakeland Year Built: 2000 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: MAA Manager: Michelle Shoup Rev. Mgt. Yes Software: http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Cordova/Lakeland Property Detail 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 196 705 $707 $707 2 242 978 $922 $922 3 62 1224 $989 $989 4 Rent PFS $1.00 $0.94 $0.81 Submarket: Cordova/Lakeland 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Merion Realty Services, LLC Manager: Christian Axness Trinity Lakes 7935 Club Drive Cordova, TN 38016 Phone: 901-755-4574 Fax: 901-755-4609 # Apt Homes: 290 Avg Size: 886 Avg Rent: $671 Net Avg Rent: $671 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 140 746 $615 $615 2 150 1016 $724 $724 3 4 Rent PFS $0.82 $0.71 Submarket: Cordova/Lakeland Year Built: 1986 Renovated: Financing: Conventional 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 # Apt Homes: 256 Avg Size: 1104 Avg Rent: $1014 Net Avg Rent: $967 Avg Rent/Sq ft: $0.92 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 80 788 $836 $812 2 112 1149 $1021 $960 3 64 1421 $1226 $1172 4 http://www.maac.com/ Rent PFS $1.06 $0.89 $0.86 Submarket: Cordova/Lakeland Year Built: 2002 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Friedman Intergrated Real Estate Solutions Manager: Property Manager http://www.forrent.com/ http://www.hmheckle.com/ Cordova/Lakeland Property Detail Walnut Hill 8920 Walnut Grove Road Cordova, TN 38018 Phone: 901-754-1121 Fax: 901-624-8235 # Apt Homes: 360 Avg Size: 1087 Avg Rent: $949 Net Avg Rent: $892 Avg Rent/Sq ft: $0.87 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 84 855 $799 $799 2 228 1111 $952 $882 3 48 1380 $1199 $1099 4 Rent PFS $0.93 $0.86 $0.87 Submarket: Cordova/Lakeland Year Built: 2001 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Washer/Dryer In Unit Mgt Firm: Riverstone Residential Group Manager: Courtney Wilson Woodchase Apartments 8020 Woodchase Dr. Cordova, TN 38018 Phone: 901-753-9999 Fax: 901-752-4589 # Apt Homes: 808 Avg Size: 930 Avg Rent: $770 Net Avg Rent: $646 Avg Rent/Sq ft: $0.83 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 280 716 $666 $558 2 408 998 $796 $681 3 120 1200 $925 $735 4 Rent PFS $0.93 $0.80 $0.77 Submarket: Cordova/Lakeland Year Built: 1989 Renovated: Financing: Conventional Storage Units Mgt Firm: Sunshine Corporation Manager: Kay http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Downtown Property Detail Adler Apartments 267 South Main Street Memphis, TN 38103 Phone: 901-523-2914 Fax: # Apt Homes: 20 Avg Size: 724 Avg Rent: $762 Net Avg Rent: $762 Avg Rent/Sq ft: $1.05 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 17 699 $722 $722 2 3 863 $992 $992 3 4 Rent PFS $1.03 $1.15 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units 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 # Apt Homes: 345 Avg Size: 969 Avg Rent: $1033 Net Avg Rent: $935 Avg Rent/Sq ft: $1.07 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 139 740 $874 $783 2 174 1045 $1079 $976 3 32 1554 $1474 $1372 4 Rent PFS $1.18 $1.03 $0.95 Submarket: Downtown Year Built: 1991 Renovated: 2011 Financing: Conventional Storage Units Mgt Firm: Carter-Haston Real Estate Service Manager: Tonia Bertoldo Belle Harbour 1298 Mount Hope Drive Memphis, TN 38103 Phone: 901-543-8335 Fax: 901-543-8336 # Apt Homes: 217 Avg Size: 1038 Avg Rent: $1161 Net Avg Rent: $1132 Avg Rent/Sq ft: $1.12 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 116 826 $966 $966 2 81 1265 $1357 $1288 3 20 1351 $1494 $1461 4 http://www.forrent.com/ Rent PFS $1.17 $1.07 $1.11 Submarket: Downtown Year Built: 2001 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Sentinel Real Estate Corp Manager: Kelsey Macke http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Downtown Property Detail Blair Tower Apartments 810 Washington Avenue Memphis, TN 38105 Phone: 901-521-9400 Fax: 901-525-7405 # Apt Homes: 191 Avg Size: 703 Avg Rent: $662 Net Avg Rent: $625 Avg Rent/Sq ft: $0.94 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 147 640 $610 $568 2 44 914 $835 $816 3 4 Rent PFS $0.95 $0.91 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Equity Management, Inc. Manager: Heather Stallings Central Station Apartments 545 S. Main Street Memphis, TN 38103 Phone: 901-529-0390 Fax: 901-529-0394 # Apt Homes: 45 Avg Size: 895 Avg Rent: $838 Net Avg Rent: $957 Avg Rent/Sq ft: $0.94 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 37 857 $815 $959 2 8 1074 $948 $948 3 4 Rent PFS $0.95 $0.88 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 75 Avg Size: 1184 Avg Rent: $1294 Net Avg Rent: $1294 Avg Rent/Sq ft: $1.09 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 1132 $1000 $1000 2 48 1200 $1350 $1350 3 3 1332 $2750 $2750 4 Rent PFS $0.88 $1.12 $2.06 Submarket: Downtown Year Built: 2009 Renovated: Financing: Conventional Mgt Firm: Freeman Real Estate Company Manager: Della Adams http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Downtown Property Detail Edison Park Apartments 567 Jefferson Avenue Memphis, TN 38105 Phone: 901-523-8112 Fax: 901-522-1573 # Apt Homes: 311 Avg Size: 749 Avg Rent: $589 Net Avg Rent: $589 Avg Rent/Sq ft: $0.79 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 142 539 $527 $527 2 123 843 $606 $606 3 46 1147 $733 $733 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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 # Apt Homes: 400 Avg Size: 929 Avg Rent: $1030 Net Avg Rent: $995 Avg Rent/Sq ft: $1.11 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 208 748 $885 $885 2 168 1092 $1157 $1090 3 24 1368 $1405 $1286 4 Rent PFS $1.18 $1.06 $1.03 Submarket: Downtown 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 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Sentinel Real Estate Corp Manager: Gretchen Preuett Exchange Building Apartments 9 North Second Street Memphis, TN 38103 Phone: 901-527-0244 Fax: 901-527-9541 # Apt Homes: 199 Avg Size: 639 Avg Rent: $653 Net Avg Rent: $593 Avg Rent/Sq ft: $1.02 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 140 562 $614 $538 2 55 693 $685 $661 3 4 2600 $1600 $1600 4 http://www.mrgmemphis.com/ Rent PFS $1.09 $0.99 $0.62 Submarket: Downtown Year Built: 1910 Renovated: 1996 Financing: Tax Credit Mgt Firm: H M Heckle & Company Manager: Katrika Brown http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Downtown Property Detail Fielders Square Downtown 70 S. Fourth Street Memphis, TN 38103 Phone: 901-543-8700 Fax: 901-543-8701 # Apt Homes: 244 Avg Size: 1007 Avg Rent: $1064 Net Avg Rent: $1064 Avg Rent/Sq ft: $1.06 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 118 750 $850 $850 2 118 1200 $1200 $1200 3 8 1950 $2200 $2200 4 Rent PFS $1.13 $1.00 $1.13 Submarket: Downtown Year Built: 2001 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Heritage Properties Manager: Amber Watkins Gayoso House 130 S. Front Street Memphis, TN 38103 Phone: 901-523-0555 Fax: 901-523-7231 # Apt Homes: 156 Avg Size: 681 Avg Rent: $730 Net Avg Rent: $721 Avg Rent/Sq ft: $1.07 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 128 637 $690 $680 2 28 882 $911 $907 3 4 Rent PFS $1.08 $1.03 Submarket: Downtown Year Built: 1844 Renovated: 1995 Financing: Tax Credit 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 88 Avg Size: 1035 Avg Rent: $655 Net Avg Rent: $655 Avg Rent/Sq ft: $0.63 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 34 795 $562 $562 2 36 1074 $677 $677 3 18 1408 $787 $787 4 Rent PFS $0.71 $0.63 $0.56 Submarket: Downtown Year Built: 2003 Renovated: Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Raychel Griffin Rev. Mgt. Yes Software: http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Downtown Property Detail Island Park & Harbor Town Square 1440 Island Park Drive Memphis, TN 38103 Phone: 901-523-7900 Fax: 901-523-2909 # Apt Homes: 300 Avg Size: 992 Avg Rent: $985 Net Avg Rent: $964 Avg Rent/Sq ft: $0.99 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 176 874 $884 $865 2 121 1149 $1115 $1091 3 3 1597 $1702 $1652 4 Rent PFS $1.01 $0.97 $1.07 Submarket: Downtown 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Sentinel Real Estate Corp Manager: Amanda Bohoric Jefferson Place 560 S. Jefferson Place Memphis, TN 38105 Phone: 901-529-8841 Fax: 901-529-8807 # Apt Homes: 65 Avg Size: 872 Avg Rent: $796 Net Avg Rent: $796 Avg Rent/Sq ft: $0.91 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 33 748 $730 $730 2 32 1000 $865 $865 3 4 Rent PFS $0.98 $0.86 Submarket: Downtown Year Built: 1971 Renovated: 1996 Financing: Conventional Mgt Firm: H M Heckle & Company Manager: Judy Morrow Memphis Towers 1081 Court Avenue Memphis, TN 38105 Phone: 901-526-2233 Fax: 901-527-0928 # Apt Homes: 296 Avg Size: 550 Avg Rent: $659 Net Avg Rent: $659 Avg Rent/Sq ft: $1.20 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 296 550 $659 $659 2 3 4 Rent PFS $1.20 Submarket: Downtown Year Built: 1977 Renovated: Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Pamela Thomas http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Downtown Property Detail Metro 67 # Apt Homes: 67 Madison Avenue Memphis, TN 38103 Phone: 901-578-2630 Fax: 901-578-2588 79 Avg Size: 1006 Avg Rent: $1356 Net Avg Rent: $1324 Avg Rent/Sq ft: $1.35 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 720 $998 $965 2 23 1349 $1809 $1787 3 8 1740 $2200 $2150 4 Rent PFS $1.39 $1.34 $1.26 Submarket: Downtown Year Built: 2009 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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 # Apt Homes: 115 Avg Size: 1083 Avg Rent: $1101 Net Avg Rent: $1096 Avg Rent/Sq ft: $1.02 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 56 870 $898 $898 2 59 1286 $1295 $1285 3 4 Rent PFS $1.03 $1.01 Submarket: Downtown Year Built: 2001 Renovated: Financing: Conventional Mgt Firm: Ambassador Management, LLC Manager: Stephanie Swafford Owens Place Townhouses 291 Pontotoc Avenue Memphis, TN 38103 Phone: 901-528-9090 Fax: 901-528-0109 # Apt Homes: 81 Avg Size: 995 Avg Rent: $646 Net Avg Rent: $646 Avg Rent/Sq ft: $0.65 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 690 $530 $530 2 39 928 $645 $645 3 26 1282 $720 $720 4 http://www.maac.com/ Rent PFS $0.77 $0.70 $0.56 Submarket: Downtown Year Built: 2001 Renovated: 2001 Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: Ambassador Management, LLC Manager: Tiffany Johnson http://www.forrent.com/ http://www.hmheckle.com/ Downtown Property Detail Pembroke Square 130 S. Front Street Memphis, TN 38103 Phone: 901-523-0555 Fax: 901-523-7231 # Apt Homes: 45 Avg Size: 936 Avg Rent: $969 Net Avg Rent: $969 Avg Rent/Sq ft: $1.04 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 43 915 $949 $949 2 2 1380 $1400 $1400 3 4 Rent PFS $1.04 $1.01 Submarket: Downtown Year Built: 1844 Renovated: 1995 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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: $726 Net Avg Rent: $714 Avg Rent/Sq ft: $1.10 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 180 562 $674 $662 2 36 1150 $985 $975 3 4 Rent PFS $1.20 $0.86 Submarket: Downtown Year Built: 1968 Renovated: 2010 Financing: Conventional Storage Units Mgt Firm: Whitney Management Corporation Manager: Sandy Gestring Rev. Mgt. Yes Software: Riverset 100 Riverset Lane Memphis, TN 38103 Phone: 901-526-6629 Fax: 901-526-9394 # Apt Homes: 500 Avg Size: 915 Avg Rent: $885 Net Avg Rent: $784 Avg Rent/Sq ft: $0.97 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 268 773 $802 $698 2 232 1080 $980 $884 3 4 Rent PFS $1.04 $0.91 Submarket: Downtown Year Built: 1990 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: KPH Development Manager: RoseAnn Hogue http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Downtown Property Detail Uptown Square 252 North Lauderdale Memphis, TN 38105 Phone: 901-523-8662 Fax: 901-523-8299 # Apt Homes: 347 Avg Size: 834 Avg Rent: $833 Net Avg Rent: $833 Avg Rent/Sq ft: $1.00 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 214 729 $742 $742 2 113 979 $946 $946 3 20 1131 $1177 $1177 4 http://www.baerfirm.net/ Rent PFS $1.02 $0.97 $1.04 Submarket: Downtown Year Built: 1936 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: ALCO Management Manager: Amy Greer http://www.mrgmemphis.com/ http://www.maac.com/ Washer/Dryer In Unit East Property Detail Allison Arms 427 North Graham #20 Memphis, TN 38122 Phone: 901-458-4632 Fax: 901-458-4632 call # Apt Homes: 36 Submarket: East Avg Size: 857 Year Built: 1964 Avg Rent: $651 Net Avg Rent: $616 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 6 640 $585 $525 2 28 882 $657 $626 3 2 1150 $755 $755 4 Rent PFS $0.91 $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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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 # Apt Homes: 191 Submarket: East Avg Size: 1136 Year Built: 1990 Avg Rent: $1021 Net Avg Rent: $1021 Avg Rent/Sq ft: Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 60 821 $846 $846 2 99 1172 $1020 $1020 3 32 1615 $1350 $1350 4 $0.90 Rent PFS $1.03 $0.87 $0.84 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 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Madison Apartment Group Manager: Lacy Hinders Blair House # Apt Homes: 491 North Highland Street Memphis, TN 38122 Phone: 901-452-2411 Fax: 901-454-5813 64 Avg Size: 1011 Avg Rent: $718 Net Avg Rent: $718 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 10 650 $581 $581 2 37 947 $685 $685 3 17 1362 $870 $870 4 http://www.forrent.com/ Rent PFS $0.89 $0.72 $0.64 Submarket: East Year Built: 1965 Renovated: 2008 Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Holly Moore http://www.hmheckle.com/ http://www.sharprobbins.com/content/ East Property Detail Butterfield Village 1300 Lynnfield Road Memphis, TN 38119 Phone: 901-761-2312 Fax: 901-761-2591 # 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 #Bdrms #Apts Avg Size Avg Rent Rent 1 23 827 $847 $847 2 145 1088 $987 $987 3 68 1458 $1191 $1191 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Bell Partners, LLC Manager: Nancy Simpson Rev. Mgt. Yes Software: Embassy House 505 S Perkins Road Memphis, TN 38117 Phone: 901-685-8020 Fax: 901-682-0013 # Apt Homes: 231 Submarket: East Avg Size: 867 Year Built: 1963 Avg Rent: $1111 Net Avg Rent: $1111 Avg Rent/Sq ft: $1.28 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 119 599 $732 $732 2 103 1134 $1495 $1495 3 9 1366 $1720 $1720 4 Rent PFS $1.22 $1.32 $1.26 Renovated: Financing: Conventional Mgt Firm: Dattel Realty Manager: Sean Belvin Hunters Trace Apartments 1730 Hunters Trace Drive Memphis, TN 38120 Phone: 901-756-8000 Fax: 901-753-9798 # Apt Homes: 192 Submarket: East Avg Size: 741 Year Built: 1984 Avg Rent: $806 Net Avg Rent: $756 Avg Rent/Sq ft: $1.09 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 120 619 $737 $687 2 72 945 $920 $870 3 4 Rent PFS $1.19 $0.97 Renovated: 1996 Financing: Conventional Mgt Firm: Fogelman Management Group Manager: Janice Haley http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit East Property Detail Kirby Station 6653 North Quail Hollow Memphis, TN 38120 Phone: 901-756-1805 Fax: 901-756-8606 # Apt Homes: 371 Submarket: East Avg Size: 835 Year Built: 1978 Avg Rent: $780 Net Avg Rent: $724 Avg Rent/Sq ft: $0.93 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 225 726 $737 $657 2 146 1004 $846 $826 3 4 Rent PFS $1.02 $0.84 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: MAA Manager: Lori Alvarado, CAM Lynnfield Place 5900 Cedar Forest Drive Memphis, TN 38119 Phone: 901-761-2304 Fax: 901-761-2151 # Apt Homes: 392 Submarket: East Avg Size: 1152 Year Built: 1973 Avg Rent: $772 Net Avg Rent: $772 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 760 $634 $634 2 328 1185 $784 $784 3 16 1650 $939 $939 4 Rent PFS $0.83 $0.66 $0.57 Renovated: Financing: Conventional Mgt Firm: Resource Residential Manager: Amy Glaspie, ARM Madison at Cypress Lakes 6860 Quince Road Memphis, TN 38119 Phone: 901-756-7926 Fax: 901-756-8203 # Apt Homes: 1002 Submarket: East Avg Size: 934 Year Built: 1985 Avg Rent: $668 Net Avg Rent: $740 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 204 660 $573 $660 2 798 1004 $692 $760 3 4 http://www.mrgmemphis.com/ Rent PFS $0.87 $0.69 Renovated: Financing: Conventional Mgt Firm: Madison Apartment Group Manager: Suzette Quarles http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit East Property Detail Madison Humphrey's Center 330 North Humphreys Blvd Memphis, TN 38120 Phone: 901-747-9000 Fax: 901-747-9010 # Apt Homes: 300 Submarket: East Avg Size: 1070 Year Built: 2000 Avg Rent: $955 Net Avg Rent: $1004 Avg Rent/Sq ft: Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 104 888 $835 $918 2 166 1116 $976 $1016 3 30 1448 $1249 $1233 4 $0.89 Rent PFS $0.94 $0.87 $0.86 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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: $653 Avg Rent/Sq ft: $0.82 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 25 783 $688 $559 2 40 983 $826 $665 3 17 1274 $954 $764 4 Rent PFS $0.88 $0.84 $0.75 Renovated: Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Alice Moore Mendenwood Apartments 777 Mt Moriah #13 Memphis, TN 38117 Phone: 901-682-4505 Fax: 901-682-2213 # Apt Homes: 118 Submarket: East Avg Size: 814 Year Built: 1964 Avg Rent: $484 Net Avg Rent: $484 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 30 630 $438 $438 2 72 850 $492 $492 3 16 1000 $540 $540 4 Rent PFS $0.70 $0.58 $0.54 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Patricia Brusseau http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ East Property Detail Park Estate, The # Apt Homes: 980 Catbird Court Memphis, TN 38119 Phone: 901-767-8686 Fax: 901-767-4246 82 Avg Size: 1302 Avg Rent: $1079 Net Avg Rent: $1071 Avg Rent/Sq ft: $0.83 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 915 $935 $935 2 52 1300 $1050 $1050 3 14 1750 $1350 $1305 4 Rent PFS $1.02 $0.81 $0.77 Submarket: East Year Built: 1975 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: MAA Manager: Martha Killen Poplar Pines 1867 Poplar Pines Drive Memphis, TN 38119 Phone: 901-755-3720 Fax: 901-869-5661 # Apt Homes: 99 Submarket: East Avg Size: 808 Year Built: 1975 Avg Rent: $718 Net Avg Rent: $659 Avg Rent/Sq ft: $0.89 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 98 800 $715 $655 2 1 1600 $1020 $1020 3 4 Rent PFS $0.89 $0.64 Renovated: Financing: Conventional Mgt Firm: H M Heckle & Company Manager: Dan Maninczak Poplar Pines West 1867 Poplar Pines Drive Memphis, TN 38119 Phone: 901-755-3720 Fax: 901-869-5661 # Apt Homes: 35 Submarket: East Avg Size: 773 Year Built: 1975 Avg Rent: $725 Net Avg Rent: $668 Avg Rent/Sq ft: $0.94 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 34 750 $699 $641 2 1 1550 $1600 $1600 3 4 Rent PFS $0.93 $1.03 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Dan Malinczak http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ East Property Detail Poplar Place Townhomes 1669 Randolph Place Memphis, TN 38120 Phone: 901-761-2250 Fax: 901-761-1509 # Apt Homes: 220 Submarket: East Avg Size: 1383 Year Built: 1975 Avg Rent: $819 Net Avg Rent: $819 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 176 1327 $788 $788 3 44 1606 $940 $940 4 Renovated: Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: GMH Capital Partners Asset Service, LP $0.59 $0.59 Manager: Mindy Rogers Rev. Mgt. Yes Software: Ridgeway Commons 6033 Bangalore Court Memphis, TN 38119 Phone: 901-767-1830 Fax: 901-682-0951 # Apt Homes: 127 Submarket: East Avg Size: 1179 Year Built: 1969 Avg Rent: $794 Net Avg Rent: $792 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 11 750 $680 $680 2 77 1027 $729 $727 3 34 1600 $939 $939 4 5 1600 $1050 $1050 Rent PFS $0.91 $0.71 $0.59 $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 Tennis Playground Washer/Dryer Connections Pool Storage Units Storage Units Mgt Firm: CLK Multifamily Management, LLC Manager: Jamie Cox Riverdale Apartments 3295 Riverdale Road Memphis, TN 38119 Phone: 901-753-5769 Fax: 901-753-5769 # Apt Homes: 520 Submarket: East Avg Size: 1034 Year Built: 1988 Avg Rent: $783 Net Avg Rent: $691 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 170 748 $682 $566 2 260 1095 $795 $712 3 90 1400 $940 $865 4 http://www.maac.com/ Rent PFS $0.91 $0.73 $0.67 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Sunshine Corporation Manager: Property Manager http://www.forrent.com/ http://www.hmheckle.com/ East Property Detail Summer Grove 595 W. Cadraca Drive #15 Memphis, TN 38122 Phone: 901-682-0864 Fax: 901-682-0863 # Apt Homes: 163 Submarket: East Avg Size: 858 Year Built: 1968 Avg Rent: $464 Net Avg Rent: $464 Avg Rent/Sq ft: $0.54 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 15 742 $414 $414 2 128 850 $449 $449 3 20 1000 $599 $599 4 Rent PFS $0.56 $0.53 $0.60 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Cindy Azouz Summereast Apartments 810 Bartlett Road Memphis, TN 38122 Phone: 901-682-9977 Fax: 901-866-4555 # Apt Homes: 120 Submarket: East Avg Size: 831 Year Built: 1968 Avg Rent: $556 Net Avg Rent: $505 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 670 $495 $445 2 104 855 $565 $514 3 4 Rent PFS $0.74 $0.66 Renovated: Financing: Conventional 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 # Apt Homes: 84 Submarket: East Avg Size: 795 Year Built: 1942 Avg Rent: $473 Net Avg Rent: $473 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 84 795 $473 $473 3 4 Renovated: 1954 Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: Owner Managed $0.59 Manager: Jason Morat http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ East Property Detail Wyndham, The 3240 Germantown Road Memphis, TN 38119 Phone: 901-755-8480 Fax: # Apt Homes: 322 Submarket: East Avg Size: 971 Year Built: 1998 Avg Rent: $869 Net Avg Rent: $813 Avg Rent/Sq ft: $0.89 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 116 753 $775 $720 2 206 1094 $923 $865 3 4 http://www.baerfirm.net/ Rent PFS $1.03 $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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Grant and Company Manager: Ellen McVay http://www.mrgmemphis.com/ http://www.maac.com/ Washer/Dryer In Unit Frayser Property Detail Annie's Apartments & Townhomes 2603 Pojest Drive Memphis, TN 38127 Phone: 901-357-1758 Fax: 901-353-9341 # Apt Homes: 200 Avg Size: 1044 Avg Rent: $578 Net Avg Rent: $531 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 854 $459 $459 2 196 1043 $578 $529 3 2 1320 $720 $720 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units 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 # Apt Homes: 70 Avg Size: 736 Avg Rent: $428 Net Avg Rent: $428 Avg Rent/Sq ft: $0.58 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 12 650 $385 $385 2 56 750 $435 $435 3 2 850 $505 $505 4 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: $466 Net Avg Rent: $456 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 56 850 $465 $455 3 1 950 $525 $505 4 http://www.forrent.com/ Submarket: Frayser Year Built: 1978 Renovated: 1988 Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC $0.55 $0.55 Manager: Cynthia Nesbitt http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Frayser Property Detail Beacon Manor Apartments 3929 Barbourville Drive #2 Memphis, TN 38127 Phone: 901-353-7002 Fax: 901-353-7002 # Apt Homes: 72 Avg Size: 664 Avg Rent: $416 Net Avg Rent: $447 Avg Rent/Sq ft: $0.63 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 25 500 $351 $375 2 35 720 $425 $460 3 12 840 $525 $560 4 Rent PFS $0.70 $0.59 $0.62 Submarket: Frayser 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Rose Investments Manager: Kim Williamson Buena Vista Apartments 3433 North Trezevant #15 Memphis, TN 38127 Phone: 901-590-4725 Fax: # Apt Homes: 62 Avg Size: 738 Avg Rent: $458 Net Avg Rent: $483 Avg Rent/Sq ft: $0.62 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 8 600 $399 $425 2 54 759 $467 $492 3 4 Rent PFS $0.67 $0.62 Submarket: Frayser Year Built: 1977 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Sharon Wells Carriage House 1145 Frayser Boulevard #1 Memphis, TN 38127 Phone: 901-357-5100 Fax: 901-357-2853 # Apt Homes: 156 Avg Size: 828 Avg Rent: $436 Net Avg Rent: $401 Avg Rent/Sq ft: $0.53 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 7 582 $359 $359 2 142 828 $435 $399 3 7 1074 $525 $475 4 Rent PFS $0.62 $0.53 $0.49 Submarket: Frayser Year Built: 1969 Renovated: Financing: Conventional Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Felicia Conner http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Frayser Property Detail Corning Village Apartments 3595 Steele Street Memphis, TN 38127 Phone: 901-353-1447 Fax: 901-358-0550 # Apt Homes: 135 Avg Size: 859 Avg Rent: $617 Net Avg Rent: $617 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 12 616 $537 $537 2 120 877 $621 $621 3 3 1098 $755 $755 4 Rent PFS $0.87 $0.71 $0.69 Submarket: Frayser Year Built: 1972 Renovated: 2008 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Alpha Property Management Manager: Rhonda Bennett 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: $743 Net Avg Rent: $743 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 20 1200 $640 $640 3 32 1440 $730 $730 4 32 1600 $820 $820 Submarket: Frayser Year Built: 2005 Renovated: Financing: Tax Credit Rent PFS Mgt Firm: Ambassador Management, LLC $0.53 $0.51 $0.51 Manager: Alford Robinson Forest Park 3350 Frayser Manor Drive #1 Memphis, TN 38127 Phone: 901-353-3397 Fax: 901-353-1276 # Apt Homes: 102 Avg Size: 809 Avg Rent: $480 Net Avg Rent: $438 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 49 667 $525 $499 2 34 880 $460 $399 3 19 1050 $399 $350 4 http://www.mrgmemphis.com/ Rent PFS $0.79 $0.52 $0.38 Submarket: Frayser Year Built: 1970 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Katrina Johnson http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Frayser Property Detail Greenbriar Apartments 3131 Madewell Drive Memphis, TN 38127 Phone: 901-358-3026 Fax: 901-358-6532 # Apt Homes: 208 Avg Size: 802 Avg Rent: $571 Net Avg Rent: $571 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 630 $453 $453 2 128 728 $536 $536 3 64 994 $670 $670 4 Rent PFS $0.72 $0.74 $0.67 Submarket: Frayser Year Built: 1972 Renovated: 2008 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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: $533 Net Avg Rent: $533 Avg Rent/Sq ft: $0.60 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 783 $473 $473 2 108 900 $533 $533 3 16 996 $627 $627 4 Rent PFS $0.60 $0.59 $0.63 Submarket: Frayser Year Built: 1972 Renovated: 2008 Financing: Tax Credit Mgt Firm: TESCO Properties Manager: Monica Shumpert New Breezy Point Apartments 2801 Raja Road Memphis, TN 38127 Phone: 901-358-1328 Fax: 901-353-5645 # Apt Homes: 171 Avg Size: 776 Avg Rent: $551 Net Avg Rent: $551 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 33 514 $404 $404 2 94 779 $504 $504 3 44 968 $761 $761 4 Rent PFS $0.79 $0.65 $0.79 Submarket: Frayser Year Built: 1973 Renovated: 2007 Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Monete Gwinn Rev. Mgt. Yes Software: http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Frayser Property Detail Pershing Park Apartments 3707 Pershing Park Memphis, TN 38127 Phone: 901-357-7731 Fax: 901-357-7904 # Apt Homes: 160 Avg Size: 721 Avg Rent: $495 Net Avg Rent: $415 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 40 554 $412 $412 2 80 712 $498 $399 3 40 904 $570 $449 4 Rent PFS $0.74 $0.70 $0.63 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Property Manager 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 88 640 $395 $395 2 114 740 $475 $475 3 4 50 950 $575 $575 Rent PFS $0.62 $0.64 Submarket: Frayser Year Built: 1964 Renovated: 2012 Financing: Conventional Mgt Firm: WI Memphis LLC Manager: Cachet Morganfield $0.61 Rolling Hills Apartments 2818 Green Terrace Drive Memphis, TN 38127 Phone: 901-357-6824 Fax: 901-358-5828 # Apt Homes: 138 Avg Size: 780 Avg Rent: $525 Net Avg Rent: $525 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 18 553 $446 $446 2 96 774 $495 $495 3 24 974 $705 $705 4 Rent PFS $0.81 $0.64 $0.72 Submarket: Frayser Year Built: 1975 Renovated: 2007 Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Martha Murray http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Frayser Property Detail Shannon Falls 3221 North Thomas #5 Memphis, TN 38127 Phone: 901-357-0306 Fax: 901-357-0234 # Apt Homes: 87 Avg Size: 670 Avg Rent: $442 Net Avg Rent: $404 Avg Rent/Sq ft: $0.66 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 13 477 $399 $366 2 74 704 $449 $411 3 4 Rent PFS $0.84 $0.64 Submarket: Frayser 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Lynnette Harris Whitney Manor Apartments 3081 Saint Charles Drive #3 Memphis, TN 38127 Phone: 901-358-2128 Fax: 901-354-3900 # Apt Homes: 96 Avg Size: 755 Avg Rent: $450 Net Avg Rent: $417 Avg Rent/Sq ft: $0.60 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 630 $399 $375 2 80 780 $460 $425 3 4 Rent PFS $0.63 $0.59 Submarket: Frayser Year Built: 1968 Renovated: 2008 Financing: Conventional Mgt Firm: Group 40 LLC Manager: Phyllis Woodglen Village # Apt Homes: 2820 Hibiscus Lane Memphis, TN 38127 Phone: 901-353-0919 Fax: 901-353-0689 72 Avg Size: 1036 Avg Rent: $633 Net Avg Rent: $633 Avg Rent/Sq ft: $0.61 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 30 916 $575 $575 3 42 1121 $675 $675 4 http://www.maac.com/ Submarket: Frayser Year Built: 2005 Renovated: Financing: Tax Credit Rent PFS Washer/Dryer In Unit Mgt Firm: Hayes - Gibson International $0.63 $0.60 Manager: Ebony Hamphill http://www.forrent.com/ http://www.hmheckle.com/ Jackson, TN Property Detail Bradford Chase 24 Williamsburg Village Drive Jackson, TN 38305 Phone: 731-668-2000 Fax: 731-668-2026 # Apt Homes: 148 Avg Size: 820 Avg Rent: $668 Net Avg Rent: $615 Avg Rent/Sq ft: $0.81 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 88 691 $595 $565 2 48 980 $755 $630 3 12 1134 $850 $920 4 Rent PFS $0.86 $0.77 $0.75 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: MAA Manager: Lanie Smith Rev. Mgt. Yes Software: Camellia Trace Apartment Homes 100 Trace Drive Jackson, TN 38305 Phone: 731-512-1011 Fax: # Apt Homes: 212 Avg Size: 1049 Avg Rent: $756 Net Avg Rent: $743 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 80 782 $652 $680 2 80 1080 $787 $763 3 52 1413 $869 $809 4 Rent PFS $0.83 $0.73 $0.62 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: $668 Net Avg Rent: $665 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 675 $520 $520 2 56 912 $639 $639 3 48 1085 $730 $723 4 4 1333 $935 $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 Washer/Dryer In Unit Mgt Firm: Lynd Company Manager: Venessa Bryan http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Jackson, TN Property Detail Cherry Grove Apartments 299 Walker Road Jackson, TN 38305 Phone: 731-664-4427 Fax: 731-664-8334 # Apt Homes: 380 Avg Size: 1034 Avg Rent: $715 Net Avg Rent: $715 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 775 $649 $649 2 240 1050 $699 $699 3 76 1200 $819 $819 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Freeman Webb Management Manager: Amanda Barber Madison Place Apartments 112 Rhone Street Jackson, TN 38301 Phone: 731-410-8672 Fax: 731-410-8674 # Apt Homes: 80 Avg Size: 558 Avg Rent: $424 Net Avg Rent: $424 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 60 520 $399 $399 2 20 670 $499 $499 3 4 Rent PFS $0.77 $0.74 Submarket: Jackson, TN Year Built: 2008 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Charity Reed Magnolia Landing # Apt Homes: 100 Magnolia Landing Court Jackson, TN 38305 Phone: 731-427-6995 Fax: 731-427-6996 60 Avg Size: 1199 Avg Rent: $655 Net Avg Rent: $655 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 36 1120 $625 $625 3 24 1318 $700 $700 4 Submarket: Jackson, TN Year Built: 2003 Renovated: Financing: Tax Credit Rent PFS Mgt Firm: D and K Management $0.56 $0.53 Manager: Chiquita Perry http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Jackson, TN Property Detail Oaks, The 842 North Parkway Jackson, TN 38305 Phone: 731-422-6334 Fax: 731-427-6021 # Apt Homes: 100 Avg Size: 875 Avg Rent: $586 Net Avg Rent: $559 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 40 720 $502 $502 2 48 911 $618 $562 3 12 1250 $735 $735 4 Rent PFS $0.70 $0.68 $0.59 Submarket: Jackson, TN Year Built: 1977 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: MAA Manager: Lora Brown Park Trace # Apt Homes: 100 Parkwood Trace Jackson, TN 38301 Phone: 731-427-4450 Fax: 731-427-4019 Avg Size: 84 1159 Avg Rent: $558 Net Avg Rent: $558 Avg Rent/Sq ft: $0.48 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 958 $470 $470 2 48 1150 $550 $550 3 20 1341 $645 $645 4 Rent PFS $0.49 $0.48 $0.48 Submarket: Jackson, TN Year Built: 1998 Renovated: Financing: Conventional Mgt Firm: Ambling Management Company Manager: Property Manager Patrician Terrace Apartments 1585 Hollywood Drive Jackson, TN 38305 Phone: 731-668-2571 Fax: 731-668-0564 # Apt Homes: 102 Avg Size: 904 Avg Rent: $519 Net Avg Rent: $519 Avg Rent/Sq ft: $0.57 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 40 730 $465 $465 2 54 1004 $544 $544 3 8 1100 $620 $620 4 http://www.mrgmemphis.com/ Rent PFS $0.64 $0.54 $0.56 Submarket: Jackson, TN Year Built: 1972 Renovated: 2005 Financing: Tax Credit Mgt Firm: Freeman Webb Management Manager: Christi Dailey http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Jackson, TN Property Detail 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: $750 Net Avg Rent: $656 Avg Rent/Sq ft: $0.70 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 712 $645 $550 2 94 1030 $708 $627 3 40 1339 $888 $767 4 Rent PFS $0.91 $0.69 $0.66 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: MAA Manager: Nita Kemker Post House North 26 Revere Circle Jackson, TN 38305 Phone: 731-668-3281 Fax: 731-668-8449 # Apt Homes: 128 Avg Size: 956 Avg Rent: $644 Net Avg Rent: $644 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 670 $585 $585 2 96 1001 $646 $646 3 8 1280 $795 $795 4 Rent PFS $0.87 $0.65 $0.62 Submarket: Jackson, TN Year Built: 1986 Renovated: Financing: Conventional Mgt Firm: MAA Manager: Tiniki Yarbrough Ridge at Jackson Apartments, The # Apt Homes: 100 Rich Smith Way Jackson, TN 38301 Phone: 731-256-8184 Fax: 731-256-8185 88 Avg Size: 1093 Avg Rent: $590 Net Avg Rent: $590 Avg Rent/Sq ft: $0.54 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 14 734 $454 $454 2 30 1060 $557 $557 3 44 1230 $655 $655 4 Rent PFS $0.62 $0.53 $0.53 Submarket: Jackson, TN Year Built: 2007 Renovated: Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: Rich Smith Management, LLC Manager: Kelly Wiggins http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Jackson, TN Property Detail 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 69 776 $548 $548 2 17 1016 $667 $667 3 36 1329 $871 $871 4 Rent PFS $0.71 $0.66 $0.66 Submarket: Jackson, TN 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: MAA Manager: Jill Parsons http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Mid-town Property Detail Almadura Apartments 175 Stonewall Street Memphis, TN 38104 Phone: 901-725-0658 Fax: 901-276-1856 # Apt Homes: 48 Avg Size: 714 Avg Rent: $632 Net Avg Rent: $632 Avg Rent/Sq ft: $0.89 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 44 672 $612 $612 2 4 1175 $850 $850 3 4 Rent PFS $0.91 $0.72 Submarket: Mid-town Year Built: 1922 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Woodyard Realty Corp. Manager: Sue Stovall April Woods 262 Chelsea Avenue Memphis, TN 38107 Phone: 901-521-1422 Fax: 901-521-1696 # Apt Homes: 107 Avg Size: 1131 Avg Rent: $685 Net Avg Rent: $685 Avg Rent/Sq ft: $0.61 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 31 1067 $650 $650 3 76 1157 $699 $699 4 Submarket: Mid-town Year Built: 2006 Renovated: Financing: Tax Credit Rent PFS Mgt Firm: AAMCI $0.61 $0.60 Manager: Sandra Newman Ascension Tower 3910 Stuart Road Memphis, TN 38111 Phone: 901-454-1108 Fax: 901-458-8288 # Apt Homes: 194 Avg Size: 519 Avg Rent: $523 Net Avg Rent: $496 Avg Rent/Sq ft: $1.01 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 194 519 $523 $496 2 3 4 http://www.forrent.com/ Rent PFS $1.01 Submarket: Mid-town Year Built: 1971 Renovated: 2007 Financing: Conventional Washer/Dryer In Unit Mgt Firm: Fountainbleau Management Services, LLC Manager: Teresa Bridgeforth http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Mid-town Property Detail Atlantic Oaks Apartments 1098 Atlantic Street Memphis, TN 38112 Phone: 901-454-9942 Fax: 901-458-7582 # Apt Homes: 91 Avg Size: 896 Avg Rent: $493 Net Avg Rent: $427 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 17 690 $445 $385 2 70 927 $495 $425 3 3 1077 $625 $600 4 1 1700 $800 $750 Rent PFS $0.64 $0.53 $0.58 $0.47 Submarket: Mid-town Year Built: 1947 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 40 840 $495 $495 2 60 970 $546 $546 3 4 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 Belvedere Apartments, The 1733 Union Avenue Memphis, TN 38104 Phone: 901-276-9160 Fax: 901-276-9164 # Apt Homes: 97 Avg Size: 938 Avg Rent: $762 Net Avg Rent: $762 Avg Rent/Sq ft: $0.81 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 34 778 $664 $664 2 63 1024 $814 $814 3 4 Rent PFS $0.85 $0.79 Submarket: Mid-town Year Built: 1964 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Barbara Gill http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Mid-town Property Detail Bickford Square Apartments # Apt Homes: 281 Bickford Avenue Memphis, TN 38107 Phone: 901-523-0174 Fax: 47 Avg Size: 1141 Avg Rent: $670 Net Avg Rent: $670 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 12 1070 $625 $625 3 35 1165 $685 $685 4 Submarket: Mid-town Year Built: 2009 Renovated: Financing: Tax Credit Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Northern Incorporated $0.58 $0.59 Manager: Carl Mabry Bristol on Union 205 Pasedena Place Memphis, TN 38104 Phone: 901-278-0995 Fax: 901-278-0993 # Apt Homes: 220 Avg Size: 863 Avg Rent: $968 Net Avg Rent: $968 Avg Rent/Sq ft: $1.12 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 142 682 $845 $845 2 70 1163 $1153 $1153 3 8 1442 $1545 $1545 4 Rent PFS $1.24 $0.99 $1.07 Submarket: Mid-town Year Built: 2004 Renovated: Financing: Conventional 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 # Apt Homes: 205 Avg Size: 705 Avg Rent: $542 Net Avg Rent: $542 Avg Rent/Sq ft: $0.77 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 89 604 $473 $473 2 114 780 $594 $594 3 2 1000 $630 $630 4 http://www.mrgmemphis.com/ 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 http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Mid-town Property Detail Central Terrace # Apt Homes: 2681 Central Terrace Memphis, TN 38111 Phone: 901-372-5513 Fax: 901-372-5571 6 Avg Size: 1427 Avg Rent: $1095 Net Avg Rent: $1145 Avg Rent/Sq ft: $0.77 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 3 1320 $995 $1095 3 3 1534 $1195 $1195 4 Submarket: Mid-town Year Built: 1960 Renovated: 2006 Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Omni Realty $0.75 $0.78 Manager: Betty Cherokee Cabana 3204 Sharpe Avenue Memphis, TN 38111 Phone: 901-744-8761 Fax: 901-745-0507 # Apt Homes: 104 Avg Size: 875 Avg Rent: $517 Net Avg Rent: $507 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 104 875 $517 $507 3 4 Submarket: Mid-town Year Built: 1970 Renovated: Financing: Conventional Rent PFS Mgt Firm: Fogelman Management Group $0.59 Manager: Sally B. Robinson Cherry Crest 1460 Cherry Road Memphis, TN 38111 Phone: 901-683-2282 Fax: # Apt Homes: 68 Avg Size: 0 Avg Rent: $476 Net Avg Rent: $476 Avg Rent/Sq ft: Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 10 0 $425 $425 2 42 0 $460 $460 3 16 0 $550 $550 4 Submarket: Mid-town Year Built: Renovated: Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: Epstien Enterprises Manager: Sarita Gonzales http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Mid-town Property Detail Cherry Gardens 4350 Dunn Memphis, TN 38111 Phone: 901-744-7361 Fax: 901-744-7459 # Apt Homes: 50 Avg Size: 988 Avg Rent: $499 Net Avg Rent: $499 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 28 900 $459 $459 3 22 1100 $549 $549 4 Submarket: Mid-town Year Built: 1950 Renovated: Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC $0.51 $0.50 Manager: Melissa Lopez-Ramirez Chickasaw Place Apartments 203 East Red Oak Drive Memphis, TN 38112 Phone: 901-454-1725 Fax: 901-327-1323 # Apt Homes: 272 Avg Size: 729 Avg Rent: $717 Net Avg Rent: $717 Avg Rent/Sq ft: $0.98 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 32 512 $558 $558 2 120 657 $631 $631 3 88 808 $805 $805 4 32 1001 $953 $953 Rent PFS $1.09 $0.96 $1.00 $0.95 Submarket: Mid-town 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 Tennis Playground Washer/Dryer Connections Pool Storage Units 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 80 Avg Size: 1077 Avg Rent: $662 Net Avg Rent: $662 Avg Rent/Sq ft: $0.61 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 39 965 $612 $612 3 9 1135 $660 $660 4 32 1197 $725 $725 Submarket: Mid-town Year Built: 2002 Renovated: Financing: Tax Credit Rent PFS Washer/Dryer In Unit Mgt Firm: Ambassador Management, LLC $0.63 $0.58 $0.61 Manager: Mary Thomas http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Mid-town Property Detail Continental Apartments 1422 Lamar Avenue Memphis, TN 38104 Phone: 901-274-8810 Fax: 901-274-8221 # Apt Homes: 454 Avg Size: 1131 Avg Rent: $650 Net Avg Rent: $606 Avg Rent/Sq ft: $0.57 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 12 706 $500 $500 2 432 1132 $650 $604 3 10 1605 $850 $817 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Janice Garrett Forest Pines 1566 Stribling B2 Memphis, TN 38117 Phone: 901-744-7361 Fax: 901-744-7459 # Apt Homes: 68 Avg Size: 800 Avg Rent: $419 Net Avg Rent: $419 Avg Rent/Sq ft: $0.52 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 68 800 $419 $419 3 4 Submarket: Mid-town Year Built: 1953 Renovated: Financing: Conventional Rent PFS Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC $0.52 Manager: Melissa Lopez-Ramirez 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: $619 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 100 900 $650 $619 3 4 http://www.maac.com/ Submarket: Mid-town Year Built: 1945 Renovated: Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: H M Heckle & Company $0.72 Manager: Oteria Williams http://www.forrent.com/ http://www.hmheckle.com/ Mid-town Property Detail Gilmore, The 6 South McLean Memphis, TN 38104 Phone: 901-726-5575 Fax: # Apt Homes: 148 Avg Size: 556 Avg Rent: $612 Net Avg Rent: $612 Avg Rent/Sq ft: $1.10 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 129 465 $559 $559 2 18 1100 $925 $925 3 1 2500 $1850 $1850 4 Rent PFS $1.20 $0.84 $0.74 Submarket: Mid-town Year Built: 1930 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Henry Turley Company Manager: Cathy Coles-Ainsworth Harmony Park Apartments 3389 Steve Road Memphis, TN 38111 Phone: 901-743-4982 Fax: 901-743-0134 # Apt Homes: 162 Avg Size: 764 Avg Rent: $458 Net Avg Rent: $458 Avg Rent/Sq ft: $0.60 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 162 764 $458 $458 3 4 Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Rent PFS Mgt Firm: Owner Managed $0.60 Manager: Jennifer Gray Highland Oaks Apartments (Highlander) 3520 Walker Avenue Memphis, TN 38111 Phone: 901-327-9971 Fax: 901-327-9917 # Apt Homes: 33 Avg Size: 488 Avg Rent: $418 Net Avg Rent: $418 Avg Rent/Sq ft: $0.86 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 33 488 $418 $418 2 3 4 Rent PFS $0.86 Submarket: Mid-town Year Built: 1962 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Blair Brown Rev. Mgt. Yes Software: http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Mid-town Property Detail Highlander 461 S. Highland Street Memphis, TN 38111 Phone: 901-327-9971 Fax: 901-327-9917 # Apt Homes: 61 Avg Size: 493 Avg Rent: $411 Net Avg Rent: $411 Avg Rent/Sq ft: $0.83 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 61 493 $411 $411 2 3 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Blair Brown Rev. Mgt. Yes Software: Kimbrough Towers 172 Kimbrough Place Memphis, TN 38104 Phone: 901-725-1109 Fax: 901-725-0194 # Apt Homes: 96 Avg Size: 762 Avg Rent: $638 Net Avg Rent: $638 Avg Rent/Sq ft: $0.84 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 63 652 $550 $550 2 32 956 $798 $798 3 1 1471 $1045 $1045 4 Rent PFS $0.84 $0.83 $0.71 Submarket: Mid-town Year Built: 1939 Renovated: 2006 Financing: Conventional Storage Units Mgt Firm: Northland Investment Corporation Manager: Dusty Raiborn, CAM Rev. Mgt. Yes Software: Luther Towers 274 South Highland Memphis, TN 38111 Phone: 901-323-3639 Fax: 901-327-0704 # Apt Homes: 196 Avg Size: 459 Avg Rent: $510 Net Avg Rent: $510 Avg Rent/Sq ft: $1.11 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 196 459 $510 $510 2 3 4 http://www.baerfirm.net/ Rent PFS $1.11 Submarket: Mid-town Year Built: 1971 Renovated: Financing: Conventional Mgt Firm: PK Management Manager: Tara Collins http://www.mrgmemphis.com/ http://www.maac.com/ Washer/Dryer In Unit Mid-town Property Detail Madison East Apartments 2780 Madison Avenue Memphis, TN 38111 Phone: 901-550-8933 Fax: 901-683-8004 # Apt Homes: 64 Avg Size: 750 Avg Rent: $615 Net Avg Rent: $613 Avg Rent/Sq ft: $0.82 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 600 $540 $540 2 48 800 $640 $638 3 4 Rent PFS $0.90 $0.80 Submarket: Mid-town 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 36 841 $558 $558 2 66 1159 $677 $677 3 12 1390 $785 $785 4 Rent PFS $0.66 $0.58 $0.56 Submarket: Mid-town Year Built: 2004 Renovated: Financing: Tax Credit Mgt Firm: ALCO Management Manager: Raychel Griffin Rev. Mgt. Yes Software: Midtown Place 2095 Poplar Avenue #41A Memphis, TN 38104 Phone: 901-725-6090 Fax: 901-725-4148 # Apt Homes: 50 Avg Size: 830 Avg Rent: $718 Net Avg Rent: $713 Avg Rent/Sq ft: $0.87 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 13 658 $613 $613 2 33 846 $737 $730 3 4 1250 $895 $895 4 http://www.forrent.com/ Rent PFS $0.93 $0.87 $0.72 Submarket: Mid-town Year Built: 1920 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Mid-town Property Detail Mimosa Gardens (Highlander) # Apt Homes: 3535 Poplar Avenue Memphis, TN 38111 Phone: 901-327-9971 Fax: 901-327-9917 38 Avg Size: 1161 Avg Rent: $607 Net Avg Rent: $607 Avg Rent/Sq ft: $0.52 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 5 900 $590 $590 2 33 1200 $609 $609 3 4 Rent PFS $0.66 $0.51 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Blair Brown Rev. Mgt. Yes Software: Overton Place Communities 1214 Overton Park Memphis, TN 38104 Phone: 901-276-3603 Fax: 901-272-0286 # Apt Homes: 120 Avg Size: 769 Avg Rent: $503 Net Avg Rent: $466 Avg Rent/Sq ft: $0.65 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 74 705 $475 $439 2 46 872 $549 $511 3 4 Rent PFS $0.67 $0.63 Submarket: Mid-town Year Built: 1975 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Keri King Park Lane (Midtown Place) 2095 Poplar #41A Memphis, TN 38104 Phone: 901-725-6090 Fax: 901-725-4148 # Apt Homes: 51 Avg Size: 824 Avg Rent: $689 Net Avg Rent: $689 Avg Rent/Sq ft: $0.84 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 14 651 $602 $602 2 33 846 $701 $701 3 4 1250 $895 $895 4 Rent PFS $0.92 $0.83 $0.72 Submarket: Mid-town Year Built: 1929 Renovated: Financing: Conventional Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Mid-town Property Detail Riverbend Place Apartments 648 N. Main Street, Suite 101 Memphis, TN 38107 Phone: 901-577-1447 Fax: # Apt Homes: 30 Avg Size: 977 Avg Rent: $575 Net Avg Rent: $575 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 6 800 $536 $536 2 6 933 $394 $394 3 18 1050 $648 $648 4 Rent PFS $0.67 $0.42 $0.62 Submarket: Mid-town 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 18 655 $475 $475 2 22 822 $559 $559 3 40 927 $680 $680 4 24 1004 $871 $871 Rent PFS $0.73 $0.68 $0.73 $0.87 Submarket: Mid-town Year Built: 1978 Renovated: Financing: Tax Credit Mgt Firm: ALCO Management Manager: Nancy Jones Rosecrest 45 South Idlewild Memphis, TN 38104 Phone: 901-278-2993 Fax: 901-276-5806 # Apt Homes: 92 Avg Size: 744 Avg Rent: $641 Net Avg Rent: $641 Avg Rent/Sq ft: $0.86 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 55 668 $592 $592 2 37 856 $714 $714 3 4 http://www.mrgmemphis.com/ Rent PFS $0.89 $0.83 Submarket: Mid-town Year Built: 1964 Renovated: Financing: Conventional Mgt Firm: Northland Investment Corporation Manager: Dusty Raiborn, CAM Rev. Mgt. Yes Software: http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Mid-town Property Detail Sherwood Apartments 3667 Rhodes Avenue #1 Memphis, TN 38111 Phone: 901-323-9839 Fax: 901-323-0322 # Apt Homes: 108 Avg Size: 1038 Avg Rent: $569 Net Avg Rent: $569 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 58 967 $513 $513 3 50 1120 $635 $635 4 Submarket: Mid-town Year Built: 1974 Renovated: 2004 Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: BL Realty LLC $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: $690 Net Avg Rent: $678 Avg Rent/Sq ft: $0.82 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 30 757 $640 $630 2 16 1002 $783 $768 3 4 Rent PFS $0.85 $0.78 Submarket: Mid-town Year Built: 1929 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland Stratford Place (Midtown Place) 2095 Poplar #41A Memphis, TN 38104 Phone: 901-725-6090 Fax: 901-725-4148 # Apt Homes: 36 Avg Size: 657 Avg Rent: $618 Net Avg Rent: $618 Avg Rent/Sq ft: $0.94 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 25 611 $595 $595 2 11 763 $670 $670 3 4 Rent PFS $0.97 $0.88 Submarket: Mid-town Year Built: 1929 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Nikki Westmoreland http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Mid-town Property Detail Stratum on Highland, The 510 S. Highland Street Memphis, TN 38111 Phone: 901-324-4088 Fax: 901-324-2707 # Apt Homes: 85 Avg Size: 982 Avg Rent: $669 Net Avg Rent: $669 Avg Rent/Sq ft: $0.68 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 11 412 $1044 $1044 2 26 833 $732 $732 3 4 48 1194 $549 $549 Rent PFS $2.53 $0.88 Submarket: Mid-town 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: McKinney Property Manager: Kelvin Hendrix $0.46 Town House Apartments 1437 Central Avenue Memphis, TN 38104 Phone: 901-274-3596 Fax: 901-772-8534 # Apt Homes: 166 Avg Size: 760 Avg Rent: $714 Net Avg Rent: $714 Avg Rent/Sq ft: $0.94 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 102 621 $632 $632 2 61 937 $819 $819 3 4 3 1902 $1375 $1375 Rent PFS $1.02 $0.87 Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Mgt Firm: Lexington Investments Manager: Paul Trimboli $0.72 University Cabana 2059 Cabana Circle North Memphis, TN 38107 Phone: 901-276-4439 Fax: 901-274-3512 # Apt Homes: 444 Avg Size: 748 Avg Rent: $480 Net Avg Rent: $461 Avg Rent/Sq ft: $0.64 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 73 615 $447 $428 2 371 774 $487 $467 3 4 Rent PFS $0.73 $0.63 Submarket: Mid-town Year Built: 1963 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Robert Beard http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Mid-town Property Detail University Crossing 3469 Southern Avenue Memphis, TN 38111 Phone: 901-327-6137 Fax: 901-327-9957 # Apt Homes: 215 Avg Size: 929 Avg Rent: $518 Net Avg Rent: $492 Avg Rent/Sq ft: $0.56 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 18 661 $496 $460 2 197 954 $520 $495 3 4 Rent PFS $0.75 $0.55 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Ashley Jones Rev. Mgt. Yes Software: Venue, The 1387 Central Avenue Memphis, TN 38104 Phone: 901-276-3100 Fax: 901-276-3757 # Apt Homes: 160 Avg Size: 509 Avg Rent: $695 Net Avg Rent: $719 Avg Rent/Sq ft: $1.37 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 140 494 $654 $690 2 20 616 $978 $925 3 4 Rent PFS $1.32 $1.59 Submarket: Mid-town Year Built: 1956 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Woodyard Realty Corp. Manager: Sue Stovall Williamsburg Manor (Highlander) # Apt Homes: 67 South Prescott Memphis, TN 38111 Phone: 901-327-9971 Fax: 901-327-9917 44 Avg Size: 1182 Avg Rent: $630 Net Avg Rent: $630 Avg Rent/Sq ft: $0.53 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 4 900 $590 $590 2 38 1200 $629 $629 3 2 1400 $725 $725 4 http://www.maac.com/ Rent PFS $0.66 $0.52 $0.52 Submarket: Mid-town Year Built: 1942 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Blair Brown Rev. Mgt. Yes Software: http://www.forrent.com/ http://www.hmheckle.com/ North Mississippi Property Detail Annandale Gardens 10862 Nicholas Boulevard Olive Branch, MS 38654 Phone: 662-893-4749 Fax: 662-895-7806 # Apt Homes: 400 Avg Size: 1040 Avg Rent: $753 Net Avg Rent: $697 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 72 760 $630 $630 2 192 1025 $730 $699 3 136 1210 $850 $730 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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 # Apt Homes: 200 Avg Size: 965 Avg Rent: $714 Net Avg Rent: $678 Avg Rent/Sq ft: $0.74 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 776 $630 $600 2 120 1029 $735 $695 3 16 1245 $885 $860 4 Rent PFS $0.81 $0.71 $0.71 Submarket: North Mississippi 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Buckingham Properties Manager: Michelle Lucas Bradford Park Apartments 5621 Bradford Circle East Southaven, MS 38671 Phone: 662-349-6706 Fax: # Apt Homes: 208 Avg Size: 1133 Avg Rent: $659 Net Avg Rent: $659 Avg Rent/Sq ft: $0.58 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 32 864 $595 $595 2 112 1132 $645 $645 3 64 1270 $715 $715 4 http://www.forrent.com/ Rent PFS $0.69 $0.57 $0.56 Submarket: North Mississippi Year Built: 1990 Renovated: Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: Ambling Management Company Manager: Nikki Hyder http://www.hmheckle.com/ http://www.sharprobbins.com/content/ North Mississippi Property Detail 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: $812 Net Avg Rent: $790 Avg Rent/Sq ft: $0.88 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 108 743 $715 $709 2 192 957 $824 $809 3 52 1182 $969 $889 4 Rent PFS $0.96 $0.86 $0.82 Submarket: North Mississippi Year Built: 1997 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Joell Bunge Rev. Mgt. Yes Software: Civic Center Apartments East 4744 W.E Ross Parkway Southaven, MS 38671 Phone: 662-280-9445 Fax: 662-280-9423 # Apt Homes: 384 Avg Size: 1052 Avg Rent: $820 Net Avg Rent: $813 Avg Rent/Sq ft: $0.78 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 80 812 $716 $716 2 224 1059 $823 $812 3 80 1271 $916 $916 4 Rent PFS $0.88 $0.78 $0.72 Submarket: North Mississippi Year Built: 2005 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Samantha Ingram, CAM Civic Center Apartments West 4740 Highway 51 North Southaven, MS 38671 Phone: 662-342-4432 Fax: 662-342-4472 # Apt Homes: 392 Avg Size: 923 Avg Rent: $769 Net Avg Rent: $764 Avg Rent/Sq ft: $0.83 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 160 749 $697 $684 2 192 1002 $797 $797 3 40 1242 $920 $920 4 Rent PFS $0.93 $0.80 $0.74 Submarket: North Mississippi Year Built: 2001 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Samatha Ingram, CAM http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit North Mississippi Property Detail Cypress Lakes 1632 Harrah's Parkway South Ex Robinsonville, MS 38664 Phone: 662-363-8005 Fax: 662-363-9796 # Apt Homes: 160 Avg Size: 964 Avg Rent: $685 Net Avg Rent: $685 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 733 $613 $613 2 112 1063 $715 $715 3 4 Rent PFS $0.84 $0.67 Submarket: North Mississippi 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: J S Property Management Manager: Casey Mounce, CAM Foxhaven 500 Rasco Road Southaven, MS 38671 Phone: 662-393-8900 Fax: 662-393-4918 # Apt Homes: 96 Avg Size: 825 Avg Rent: $589 Net Avg Rent: $531 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 700 $549 $494 2 48 950 $629 $567 3 4 Rent PFS $0.78 $0.66 Submarket: North Mississippi Year Built: 1972 Renovated: 1997 Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Jackie Arnold Gateway Apartments 7101 North Tulane Road Horn Lake, MS 38637 Phone: 662-342-3400 Fax: 662-342-3405 # Apt Homes: 168 Avg Size: 1130 Avg Rent: $621 Net Avg Rent: $621 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 864 $560 $560 2 104 1135 $610 $610 3 40 1277 $685 $685 4 http://www.mrgmemphis.com/ Rent PFS $0.65 $0.54 $0.54 Submarket: North Mississippi Year Built: 1994 Renovated: Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Tomika Gray http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit North Mississippi Property Detail 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: $791 Avg Rent/Sq ft: $0.79 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 144 830 $733 $702 2 256 1076 $847 $813 3 96 1274 $925 $870 4 Rent PFS $0.88 $0.79 $0.73 Submarket: North Mississippi Year Built: 2007 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Hamilton at Turman Farms Manager LLC Manager: Keshia Langston Laurel Park Apartments 6800 Highway 161 Walls, MS 38680 Phone: 662-781-9275 Fax: 662-781-7878 # Apt Homes: 144 Avg Size: 1182 Avg Rent: $592 Net Avg Rent: $592 Avg Rent/Sq ft: $0.50 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 958 $515 $515 2 72 1150 $585 $585 3 48 1341 $640 $640 4 Rent PFS $0.54 $0.51 $0.48 Submarket: North Mississippi Year Built: 2000 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 Tennis Playground Washer/Dryer Connections Pool Storage Units 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 # Apt Homes: 240 Avg Size: 954 Avg Rent: $774 Net Avg Rent: $768 Avg Rent/Sq ft: $0.81 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 80 733 $685 $665 2 128 1018 $799 $799 3 32 1252 $900 $900 4 Rent PFS $0.93 $0.78 $0.72 Submarket: North Mississippi Year Built: 1999 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Paula Johnson http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ North Mississippi Property Detail 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 870 $575 $575 2 88 1153 $650 $650 3 32 1387 $825 $825 4 Rent PFS $0.66 $0.56 $0.59 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Property Manager North Creek Apartments 8786 N. Creek Boulevard Southaven, MS 38671 Phone: 662-342-7774 Fax: 662-342-7764 # Apt Homes: 250 Avg Size: 985 Avg Rent: $785 Net Avg Rent: $691 Avg Rent/Sq ft: $0.80 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 63 819 $705 $675 2 161 1001 $790 $660 3 26 1285 $948 $925 4 Rent PFS $0.86 $0.79 $0.74 Submarket: North Mississippi Year Built: 2002 Renovated: Financing: Conventional Mgt Firm: J S Property Management Manager: Debra Simpson Oak Hollow Apartment Community 646 Whispering Oak Drive Southaven, MS 38671 Phone: 662-393-8181 Fax: 662-393-8119 # Apt Homes: 277 Avg Size: 1102 Avg Rent: $755 Net Avg Rent: $755 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 92 981 $642 $642 2 145 1115 $785 $785 3 40 1336 $905 $905 4 Rent PFS $0.65 $0.70 $0.68 Submarket: North Mississippi Year Built: 1998 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Dial Equities Manager: Megan Riggs Rev. Mgt. Yes Software: http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ North Mississippi Property Detail Oakridge Patio Homes 7560 Chesteridge Southaven, MS 38671 Phone: 662-342-9000 Fax: 662-393-3902 # Apt Homes: 431 Avg Size: 872 Avg Rent: $623 Net Avg Rent: $623 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 61 690 $540 $540 2 342 890 $630 $630 3 28 1049 $715 $715 4 Rent PFS $0.78 $0.71 $0.68 Submarket: North Mississippi Year Built: 1996 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Standard Enterprise Manager: Amy Cunningham Pecan Grove Apartments 7320 Highway 161 North Walls, MS 38680 Phone: 662-781-5500 Fax: 662-781-5505 # Apt Homes: 152 Avg Size: 1032 Avg Rent: $746 Net Avg Rent: $696 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 805 $630 $630 2 112 1050 $755 $697 3 16 1250 $855 $789 4 Rent PFS $0.78 $0.72 $0.68 Submarket: North Mississippi Year Built: 1996 Renovated: Financing: Conventional Mgt Firm: J S Property Management Manager: Michele Tyer, CAM Plantation Apartments 9305 Stateline Road Olive Branch, MS 38654 Phone: 662-895-5004 Fax: 662-893-2321 # Apt Homes: 336 Avg Size: 1032 Avg Rent: $742 Net Avg Rent: $742 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 805 $680 $680 2 224 1050 $730 $730 3 48 1250 $880 $880 4 http://www.maac.com/ Rent PFS $0.84 $0.70 $0.70 Submarket: North Mississippi Year Built: 1996 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Heritage Properties Manager: Amy Stone, CAM http://www.forrent.com/ http://www.hmheckle.com/ North Mississippi Property Detail 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: $659 Avg Rent/Sq ft: $0.66 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 805 $595 $595 2 104 1050 $685 $650 3 16 1250 $785 $785 4 Rent PFS $0.74 $0.65 $0.63 Submarket: North Mississippi Year Built: 1995 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: J S Property Management Manager: Kathy Adams Rocky Creek Apartments 7900 Rocky Creek Boulevard Southaven, MS 38671 Phone: 662-342-6002 Fax: 662-342-7962 # Apt Homes: 200 Avg Size: 950 Avg Rent: $714 Net Avg Rent: $658 Avg Rent/Sq ft: $0.75 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 32 650 $629 $575 2 120 950 $699 $645 3 48 1150 $809 $745 4 Rent PFS $0.97 $0.74 $0.70 Submarket: North Mississippi Year Built: 1988 Renovated: Financing: Conventional 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 # Apt Homes: 204 Avg Size: 1163 Avg Rent: $807 Net Avg Rent: $734 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 68 1018 $714 $666 2 112 1200 $810 $740 3 24 1400 $1060 $900 4 Rent PFS $0.70 $0.68 $0.76 Submarket: North Mississippi Year Built: 1989 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: MAA Manager: Wendy McGuire, CAM Rev. Mgt. Yes Software: http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ North Mississippi Property Detail Southcrest Lakes 101 Veranda Boulevard Southaven, MS 38671 Phone: 662-349-2709 Fax: 662-349-2710 # Apt Homes: 224 Avg Size: 946 Avg Rent: $770 Net Avg Rent: $720 Avg Rent/Sq ft: $0.81 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 80 740 $699 $649 2 128 1030 $799 $749 3 16 1300 $899 $849 4 Rent PFS $0.94 $0.78 $0.69 Submarket: North Mississippi Year Built: 1993 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Tracie McLain Sutton Place Apartment Homes 1000 Sutton Place Horn Lake, MS 38637 Phone: 662-349-5900 Fax: 662-349-5967 # Apt Homes: 253 Avg Size: 1060 Avg Rent: $751 Net Avg Rent: $733 Avg Rent/Sq ft: $0.71 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 85 925 $688 $623 2 120 1100 $755 $755 3 48 1200 $855 $870 4 Rent PFS $0.74 $0.69 $0.71 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 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: MAA Manager: Karen Johnson, CAM Vineyards Apartments (Olive Branch) 9400 Goodman Road Olive Branch, MS 38654 Phone: 662-890-7220 Fax: 662-890-7221 # Apt Homes: 456 Avg Size: 1163 Avg Rent: $914 Net Avg Rent: $914 Avg Rent/Sq ft: $0.79 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 68 873 $814 $814 2 220 1149 $897 $897 3 168 1299 $975 $975 4 http://www.baerfirm.net/ 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 http://www.mrgmemphis.com/ http://www.maac.com/ Washer/Dryer In Unit North Mississippi Property Detail Weatherstone # Apt Homes: 5404 Chance Drive North Horn Lake, MS 38637 Phone: 662-781-1091 Fax: 662-781-1246 81 Avg Size: 1113 Avg Rent: $765 Net Avg Rent: $765 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 22 869 $667 $667 2 50 1156 $784 $784 3 9 1475 $897 $897 4 Rent PFS $0.77 $0.68 $0.61 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Yvette Miller Westwind Townhomes & Duplexes 1800 Joy Circle Horn Lake, MS 38637 Phone: 662-342-5070 Fax: 662-342-5716 # Apt Homes: 231 Avg Size: 1144 Avg Rent: $826 Net Avg Rent: $813 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 143 1053 $772 $765 3 88 1291 $915 $890 4 http://www.forrent.com/ Submarket: North Mississippi Year Built: 1983 Renovated: 2002 Financing: Conventional Rent PFS Storage Units Mgt Firm: J S Property Management $0.73 $0.71 Manager: Karen Nelson http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Raleigh Property Detail Ashton Hills Apartments 4183 Troost Drive Memphis, TN 38128 Phone: 901-388-1766 Fax: 901-388-0199 # Apt Homes: 200 Avg Size: 865 Avg Rent: $543 Net Avg Rent: $501 Avg Rent/Sq ft: $0.63 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 560 $465 $465 2 108 784 $515 $472 3 76 1044 $600 $550 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Torri Reed Rev. Mgt. Yes Software: Avery Park 4845 Bontura Drive Memphis, TN 38128 Phone: 901-386-1300 Fax: 901-371-2197 # Apt Homes: 231 Avg Size: 845 Avg Rent: $587 Net Avg Rent: $569 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 20 576 $485 $425 2 171 821 $573 $555 3 40 1080 $699 $699 4 Rent PFS $0.84 $0.70 $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: $485 Net Avg Rent: $525 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 80 950 $485 $525 3 4 http://www.forrent.com/ Submarket: Raleigh Year Built: 1979 Renovated: Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: LEDIC Management Group $0.51 Manager: Denise Raglon http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Raleigh Property Detail Countryview Apartments 3990 Stephanie Lane Memphis, TN 38128 Phone: 901-386-6629 Fax: 901-388-1147 # Apt Homes: 335 Avg Size: 833 Avg Rent: $551 Net Avg Rent: $551 Avg Rent/Sq ft: $0.66 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 116 643 $481 $481 2 174 867 $562 $562 3 45 1194 $691 $691 4 Rent PFS $0.75 $0.65 $0.58 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units 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: # Apt Homes: 38 Avg Size: 908 Avg Rent: $496 Net Avg Rent: $496 Avg Rent/Sq ft: $0.55 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 8 600 $400 $400 2 16 850 $475 $475 3 14 1150 $575 $575 4 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: $580 Net Avg Rent: $544 Avg Rent/Sq ft: $0.60 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 55 800 $500 $435 2 73 1000 $600 $580 3 24 1200 $700 $685 4 Rent PFS $0.62 $0.60 $0.58 Submarket: Raleigh Year Built: 1982 Renovated: 2006 Financing: Conventional Mgt Firm: Pinnacle Management Services Manager: Telesa Carroll Rev. Mgt. Yes Software: http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Raleigh Property Detail Goodwill Village Apartments 2510 Peres Avenue #3 Memphis, TN 38108 Phone: 901-458-3803 Fax: 901-458-3829 # Apt Homes: 200 Avg Size: 823 Avg Rent: $512 Net Avg Rent: $512 Avg Rent/Sq ft: $0.62 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 32 540 $385 $385 2 56 708 $460 $460 3 84 925 $550 $550 4 28 1068 $650 $650 Rent PFS $0.71 $0.65 $0.59 $0.61 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Michelle Wheeler Greenview Estates 4715 Hedges Drive Memphis, TN 38128 Phone: 901-377-0700 Fax: # Apt Homes: 158 Avg Size: 958 Avg Rent: $601 Net Avg Rent: $601 Avg Rent/Sq ft: $0.63 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 120 901 $580 $580 3 38 1140 $670 $670 4 Submarket: Raleigh Year Built: 2000 Renovated: Financing: Tax Credit Rent PFS Mgt Firm: Pinnacle Management Services $0.64 $0.59 Manager: Netra Farris Jamesbridge 3815 North Advantage Way Drive Memphis, TN 38128 Phone: 901-372-2694 Fax: # Apt Homes: 432 Avg Size: 791 Avg Rent: $578 Net Avg Rent: $578 Avg Rent/Sq ft: $0.73 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 238 687 $521 $521 2 194 919 $648 $648 3 4 http://www.mrgmemphis.com/ Rent PFS $0.76 $0.71 Submarket: Raleigh Year Built: 1983 Renovated: 2000 Financing: Conventional Mgt Firm: The Apogee Company Manager: Lisa Hemphill http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Raleigh Property Detail Jennifer Meadows 4800 Raleigh LaGrange Road Memphis, TN 38128 Phone: 901-386-8100 Fax: 901-386-7994 # Apt Homes: 224 Avg Size: 932 Avg Rent: $624 Net Avg Rent: $567 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 744 $550 $449 2 128 974 $624 $584 3 32 1140 $775 $735 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Lexington Investments Manager: Donna Braden Keystone Landing Apartments 4266 Ridgestone Drive Memphis, TN 38128 Phone: 901-353-2884 Fax: 901-353-0684 # Apt Homes: 131 Avg Size: 875 Avg Rent: $519 Net Avg Rent: $519 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 730 $474 $474 2 71 950 $527 $527 3 12 1010 $652 $652 4 Rent PFS $0.65 $0.55 $0.65 Submarket: Raleigh Year Built: 1973 Renovated: Financing: Conventional Mgt Firm: Hediger Enterprise Manager: Shantay Dandridge Lexington Apartments 4123 Aux Arms Drive Memphis, TN 38128 Phone: 901-388-2970 Fax: 901-385-8329 # Apt Homes: 90 Avg Size: 901 Avg Rent: $508 Net Avg Rent: $474 Avg Rent/Sq ft: $0.56 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 650 $460 $430 2 66 915 $507 $473 3 8 1283 $620 $574 4 Rent PFS $0.71 $0.55 $0.48 Submarket: Raleigh Year Built: 1972 Renovated: Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Ketha Pruitt Rev. Mgt. Yes Software: http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Raleigh Property Detail Raleigh Court Townhomes # Apt Homes: 4258 Greenhall Way Memphis, TN 38128 Phone: 901-458-7851 Fax: 54 Avg Size: 1622 Avg Rent: $731 Net Avg Rent: $674 Avg Rent/Sq ft: $0.45 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 20 1375 $650 $600 3 28 1632 $770 $700 4 6 2400 $820 $800 Submarket: Raleigh Year Built: 1960 Renovated: Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Ambassador Management, LLC $0.47 $0.47 $0.34 Manager: Anita Washington Raleigh Village Apts & Townhomes 5022 Yale Road Memphis, TN 38128 Phone: 901-386-3538 Fax: 901-386-3538 # Apt Homes: 227 Avg Size: 949 Avg Rent: $555 Net Avg Rent: $542 Avg Rent/Sq ft: $0.58 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 59 695 $470 $452 2 144 1017 $571 $561 3 24 1162 $663 $650 4 Rent PFS $0.68 $0.56 $0.57 Submarket: Raleigh Year Built: 1968 Renovated: 1999 Financing: Conventional Mgt Firm: Grant and Company Manager: Rachel Scott River Grove Townhomes 4000 Rio Lobo Drive Memphis, TN 38128 Phone: 901-388-4082 Fax: 901-388-4452 # Apt Homes: 176 Avg Size: 1189 Avg Rent: $609 Net Avg Rent: $570 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 28 729 $471 $448 2 120 1125 $618 $577 3 28 1925 $709 $658 4 Rent PFS $0.65 $0.55 $0.37 Submarket: Raleigh Year Built: 1978 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Property Asset Management Manager: Tamela Williams http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Raleigh Property Detail Springdale Creek Apartments 831 Springdale Run Drive Memphis, TN 38108 Phone: 901-458-7851 Fax: 901-458-7899 # Apt Homes: 84 Avg Size: 975 Avg Rent: $679 Net Avg Rent: $627 Avg Rent/Sq ft: $0.70 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 12 700 $525 $481 2 26 950 $650 $596 3 40 1025 $725 $665 4 6 1300 $800 $800 Rent PFS $0.75 $0.68 $0.71 $0.62 Submarket: Raleigh 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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: $571 Avg Rent/Sq ft: $0.77 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 72 750 $603 $499 2 112 950 $705 $589 3 24 1030 $803 $699 4 Rent PFS $0.80 $0.74 $0.78 Submarket: Raleigh Year Built: 1977 Renovated: 2005 Financing: Conventional Mgt Firm: The Apogee Company Manager: Stacy Matthews Summit Apartments, The 4981 Hidden Lake Drive Memphis, TN 38128 Phone: 901-373-7979 Fax: 901-373-8199 # Apt Homes: 320 Avg Size: 909 Avg Rent: $662 Net Avg Rent: $616 Avg Rent/Sq ft: $0.73 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 128 693 $587 $549 2 144 989 $678 $632 3 48 1246 $813 $750 4 http://www.maac.com/ Rent PFS $0.85 $0.69 $0.65 Submarket: Raleigh Year Built: 1989 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Barbie Clark http://www.forrent.com/ http://www.hmheckle.com/ Raleigh Property Detail Surrey Apartments 3789 Andreas Drive Memphis, TN 38128 Phone: 901-377-8513 Fax: # Apt Homes: 108 Avg Size: 965 Avg Rent: $670 Net Avg Rent: $670 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 22 820 $610 $610 2 70 975 $664 $664 3 16 1120 $777 $777 4 Rent PFS $0.74 $0.68 $0.69 Submarket: Raleigh Year Built: 1974 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Tri-Cap Management, Inc. Manager: http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Southeast Property Detail Apartments at Hedgerow 4733 Heather Row Memphis, TN 38141 Phone: 901-795-8900 Fax: 901-795-6069 # Apt Homes: 167 Avg Size: 989 Avg Rent: $752 Net Avg Rent: $736 Avg Rent/Sq ft: $0.76 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 22 688 $625 $615 2 107 968 $737 $718 3 38 1223 $870 $858 4 Rent PFS $0.91 $0.76 $0.71 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Faye Peters Arbors of Hickory Ridge 6296 Lake View Trail Memphis, TN 38115 Phone: 901-365-4231 Fax: 901-795-4051 # Apt Homes: 348 Avg Size: 943 Avg Rent: $581 Net Avg Rent: $581 Avg Rent/Sq ft: $0.62 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 189 745 $488 $488 2 117 1111 $647 $647 3 42 1366 $811 $811 4 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 128 831 $572 $572 2 184 1090 $690 $690 3 48 1341 $795 $795 4 http://www.forrent.com/ Rent PFS $0.69 $0.63 $0.59 Submarket: Southeast Year Built: 2007 Renovated: Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: Pedcor Homes Manager: Christa Henson http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Southeast Property Detail Aspenwood Square Townhomes 3235 S. Mendenhall Road Memphis, TN 38115 Phone: 901-542-9700 Fax: 901-363-0507 # Apt Homes: 120 Avg Size: 1210 Avg Rent: $475 Net Avg Rent: $475 Avg Rent/Sq ft: $0.39 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 76 1073 $434 $434 3 44 1447 $546 $546 4 Submarket: Southeast Year Built: 1974 Renovated: Financing: Tax Credit Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: LEDIC Management Group $0.40 $0.38 Manager: Natasha Thomas Autumn Ridge Apartments 3888 Autumn Ridge Court Memphis, TN 38115 Phone: 901-546-0900 Fax: 901-546-0736 # Apt Homes: 140 Avg Size: 1036 Avg Rent: $680 Net Avg Rent: $680 Avg Rent/Sq ft: $0.66 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 92 988 $623 $623 3 48 1128 $790 $790 4 Submarket: Southeast Year Built: 1998 Renovated: Financing: Tax Credit Rent PFS Mgt Firm: LEDIC Management Group $0.63 $0.70 Manager: Debra McIntosh Bella Vista 5958 East Point Drive Memphis, TN 38115 Phone: 901-365-0421 Fax: 901-365-0232 # Apt Homes: 432 Avg Size: 882 Avg Rent: $638 Net Avg Rent: $638 Avg Rent/Sq ft: $0.72 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 112 700 $549 $549 2 267 915 $653 $653 3 53 1100 $749 $749 4 Rent PFS $0.78 $0.71 $0.68 Submarket: Southeast Year Built: 1970 Renovated: Financing: Conventional Mgt Firm: LEDIC Management Group Manager: Sheila Jefferson http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Southeast Property Detail 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: $531 Avg Rent/Sq ft: $0.84 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 144 562 $559 $466 2 128 937 $694 $605 3 4 Rent PFS $0.99 $0.74 Submarket: Southeast 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Karen Parson Camelot Manor 3151 Ashwood Street Memphis, TN 38118 Phone: 901-363-7011 Fax: 901-363-1261 # Apt Homes: 304 Avg Size: 896 Avg Rent: $487 Net Avg Rent: $487 Avg Rent/Sq ft: $0.54 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 30 650 $412 $412 2 202 851 $464 $464 3 72 1122 $582 $582 4 Rent PFS $0.63 $0.55 $0.52 Submarket: Southeast Year Built: 1968 Renovated: Financing: Conventional 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 # Apt Homes: 276 Avg Size: 1079 Avg Rent: $566 Net Avg Rent: $546 Avg Rent/Sq ft: $0.52 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 32 616 $430 $430 2 164 1045 $539 $516 3 80 1334 $675 $652 4 http://www.mrgmemphis.com/ Rent PFS $0.70 $0.52 $0.51 Submarket: Southeast Year Built: 1974 Renovated: Financing: Conventional Mgt Firm: Owner Managed Manager: Robert Beard http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Southeast Property Detail 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: $919 Net Avg Rent: $903 Avg Rent/Sq ft: $0.92 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 168 808 $753 $753 2 216 1090 $987 $961 3 48 1290 $1196 $1167 4 Rent PFS $0.93 $0.91 $0.93 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Vicki Williams Champion Hills at Windyke 3788 Links Drive Memphis, TN 38125 Phone: 901-751-2911 Fax: 901-754-1914 # Apt Homes: 263 Avg Size: 1030 Avg Rent: $824 Net Avg Rent: $802 Avg Rent/Sq ft: $0.80 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 87 817 $744 $734 2 176 1135 $863 $835 3 4 Rent PFS $0.91 $0.76 Submarket: Southeast Year Built: 1996 Renovated: Financing: Conventional 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 # Apt Homes: 208 Avg Size: 878 Avg Rent: $689 Net Avg Rent: $689 Avg Rent/Sq ft: $0.78 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 148 733 $636 $636 2 60 1236 $820 $820 3 4 Rent PFS $0.87 $0.66 Submarket: Southeast Year Built: 1989 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Tamelia Turner http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Southeast Property Detail 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 600 $489 $489 2 120 960 $602 $602 3 4 Rent PFS $0.81 $0.63 Submarket: Southeast Year Built: 1972 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Julia Clayborn Country Oaks 6555 Country Oaks Circle North Memphis, TN 38115 Phone: 901-365-7452 Fax: 901-365-7469 # Apt Homes: 200 Avg Size: 822 Avg Rent: $611 Net Avg Rent: $597 Avg Rent/Sq ft: $0.74 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 116 726 $550 $529 2 84 954 $695 $691 3 4 Rent PFS $0.76 $0.73 Submarket: Southeast Year Built: 1985 Renovated: Financing: Conventional 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 # Apt Homes: 184 Avg Size: 1019 Avg Rent: $578 Net Avg Rent: $578 Avg Rent/Sq ft: $0.57 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 40 835 $510 $510 2 112 1034 $568 $568 3 32 1200 $699 $699 4 Rent PFS $0.61 $0.55 $0.58 Submarket: Southeast Year Built: 1975 Renovated: 1999 Financing: Conventional Washer/Dryer In Unit Mgt Firm: Northland Investment Corporation Manager: Della Shotwell http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Southeast Property Detail Dogwood Trace Apartments 4635 Forest Oak Way Memphis, TN 38118 Phone: 901-362-0475 Fax: 901-365-9856 # Apt Homes: 168 Avg Size: 875 Avg Rent: $449 Net Avg Rent: $449 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 84 750 $399 $399 2 84 1000 $499 $499 3 4 Rent PFS $0.53 $0.50 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Fountainbleau Management Services, LLC Manager: Takia Peterson 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: $471 Avg Rent/Sq ft: $0.63 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 21 654 $462 $462 2 145 807 $510 $470 3 8 1000 $550 $506 4 Rent PFS $0.71 $0.63 $0.55 Submarket: Southeast Year Built: 1974 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: BL Realty LLC Manager: Shanta Stuckey Eden Pointe 3187 E Danville Circle Memphis, TN 38118 Phone: 901-795-1500 Fax: 901-795-1813 # Apt Homes: 288 Avg Size: 800 Avg Rent: $400 Net Avg Rent: $395 Avg Rent/Sq ft: $0.50 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 144 700 $375 $395 2 144 900 $425 $395 3 4 http://www.maac.com/ Rent PFS $0.54 $0.47 Submarket: Southeast Year Built: 1970 Renovated: Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: BL Realty LLC Manager: Angela Woodson Rev. Mgt. Yes Software: http://www.forrent.com/ http://www.hmheckle.com/ Southeast Property Detail Ellington at Kirby 3169 Kirby Parkway Memphis, TN 38115 Phone: 901-795-5704 Fax: 901-795-1403 # Apt Homes: 164 Avg Size: 861 Avg Rent: $627 Net Avg Rent: $627 Avg Rent/Sq ft: $0.73 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 708 $565 $565 2 100 959 $667 $667 3 4 Rent PFS $0.80 $0.70 Submarket: Southeast Year Built: 1985 Renovated: 2000 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Donna Romine Emerald Pointe Townhomes # Apt Homes: 3315 Hickory Hill Road Memphis, TN 38115 Phone: 901-365-2784 Fax: 901-365-4689 Avg Size: 93 1402 Avg Rent: $702 Net Avg Rent: $602 Avg Rent/Sq ft: $0.50 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 57 1293 $672 $574 3 36 1575 $750 $646 4 Submarket: Southeast Year Built: 1975 Renovated: Financing: Conventional Rent PFS Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Hallmark Management Co. Inc $0.52 $0.48 Manager: Derrell Cook Emerald Square Apartments # Apt Homes: 6082 Knightsbridge Drive Memphis, TN 38115 Phone: 901-795-5599 Fax: 124 Avg Size: 1600 Avg Rent: $754 Net Avg Rent: $754 Avg Rent/Sq ft: $0.47 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 30 1600 $675 $675 3 67 1600 $750 $750 4 27 1600 $850 $850 Submarket: Southeast Year Built: 1974 Renovated: Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: Hallmark Management Co. Inc $0.42 $0.47 $0.53 Manager: Property Manager http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Southeast Property Detail 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: $661 Net Avg Rent: $631 Avg Rent/Sq ft: $0.70 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 689 $588 $563 2 152 1014 $677 $643 3 4 8 1150 $810 $810 Rent PFS $0.85 $0.67 Submarket: Southeast Year Built: 1983 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Stonemark Management Company Manager: Jera Moran $0.70 Eton Square 3315 Ridgeway Road Memphis, TN 38115 Phone: 901-546-9800 Fax: 901-546-9367 # Apt Homes: 208 Avg Size: 1093 Avg Rent: $742 Net Avg Rent: $715 Avg Rent/Sq ft: $0.68 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 972 $685 $670 2 112 1196 $790 $754 3 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Helen Belfour Fieldstone Apartments 3333 Hackscross Road Memphis, TN 38125 Phone: 901-752-0032 Fax: 901-751-6699 # Apt Homes: 698 Avg Size: 1025 Avg Rent: $943 Net Avg Rent: $872 Avg Rent/Sq ft: $0.92 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 298 772 $751 $695 2 302 1135 $991 $915 3 98 1459 $1383 $1276 4 http://www.baerfirm.net/ 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 http://www.mrgmemphis.com/ http://www.maac.com/ Washer/Dryer In Unit Southeast Property Detail Hickory Farm Apartments 3822 Hickory Farm Drive Memphis, TN 38115 Phone: 901-795-3466 Fax: 901-795-7538 # Apt Homes: 200 Avg Size: 807 Avg Rent: $556 Net Avg Rent: $556 Avg Rent/Sq ft: $0.69 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 112 694 $506 $506 2 88 950 $620 $620 3 4 Rent PFS $0.73 $0.65 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Northland Investment Corporation Manager: Stephany Armstrong Rev. Mgt. Yes Software: Highland Hills Apartments 2831 Fosterwood Drive Memphis, TN 38115 Phone: 901-365-2380 Fax: # Apt Homes: 260 Avg Size: 1043 Avg Rent: $617 Net Avg Rent: $567 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 120 740 $539 $499 2 120 1234 $669 $599 3 20 1710 $779 $779 4 Rent PFS $0.73 $0.54 $0.46 Submarket: Southeast Year Built: 1974 Renovated: 2008 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Hediger Enterprise Manager: Cynthia McNeal Kensington Manor 3896 Chippewa Street Memphis, TN 38118 Phone: 901-794-6770 Fax: 901-794-6775 # Apt Homes: 570 Avg Size: 912 Avg Rent: $475 Net Avg Rent: $475 Avg Rent/Sq ft: $0.52 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 100 678 $400 $400 2 374 906 $470 $470 3 88 1154 $550 $550 4 8 1470 $839 $839 http://www.forrent.com/ Rent PFS $0.59 $0.52 $0.48 $0.57 Submarket: Southeast Year Built: 1970 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Giselle Gagen http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Southeast Property Detail Lakes at Ridgeway 5995 Waterstone Oak Way Memphis, TN 38115 Phone: 901-362-6603 Fax: 901-366-7010 # Apt Homes: 378 Avg Size: 948 Avg Rent: $575 Net Avg Rent: $575 Avg Rent/Sq ft: $0.61 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 650 $481 $481 2 263 1010 $595 $595 3 19 1600 $765 $765 4 Rent PFS $0.74 $0.59 $0.48 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Resource Residential Manager: Jamilah Bradford Rev. Mgt. Yes Software: 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: $607 Avg Rent/Sq ft: $0.81 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 160 694 $585 $560 2 132 897 $704 $664 3 4 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 Rev. Mgt. Yes Software: Lincoln on the Green at Southwind 8345 Championship Drive Memphis, TN 38125 Phone: 901-748-0002 Fax: 901-748-4012 # Apt Homes: 618 Avg Size: 877 Avg Rent: $835 Net Avg Rent: $812 Avg Rent/Sq ft: $0.95 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 330 691 $740 $715 2 280 1082 $935 $914 3 8 1331 $1247 $1222 4 Rent PFS $1.07 $0.86 $0.94 Submarket: Southeast Year Built: 1988 Renovated: 2006 Financing: Conventional Mgt Firm: MAA Manager: Jimmy Haygood http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Southeast Property Detail Monticello Apartments 6625 Monticello Lane Memphis, TN 38115 Phone: 901-366-1999 Fax: 901-368-2191 # Apt Homes: 202 Avg Size: 1476 Avg Rent: $970 Net Avg Rent: $922 Avg Rent/Sq ft: $0.66 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 24 900 $725 $699 2 96 1400 $935 $905 3 82 1734 $1083 $1007 4 Rent PFS $0.81 $0.67 $0.62 Submarket: Southeast 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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: $560 Avg Rent/Sq ft: $0.58 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 750 $525 $499 2 54 1100 $625 $549 3 16 1250 $700 $659 4 Rent PFS $0.70 $0.57 $0.56 Submarket: Southeast Year Built: 1974 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Helen Belfour Preserve at Forest Creek 9230 Thornbury Boulevard Memphis, TN 38125 Phone: 901-755-8535 Fax: 901-755-8571 # Apt Homes: 414 Avg Size: 1096 Avg Rent: $1135 Net Avg Rent: $1135 Avg Rent/Sq ft: Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 108 795 $915 $915 2 246 1174 $1157 $1157 3 60 1318 $1442 $1442 4 http://www.mrgmemphis.com/ $1.04 Rent PFS $1.15 $0.99 $1.09 Submarket: Southeast Year Built: 2008 Renovated: Financing: Conventional Mgt Firm: Carter-Haston Real Estate Service Manager: Emily Kirk http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Southeast Property Detail Preserve at Southwind 7991 Capilano Drive Memphis, TN 38125 Phone: 901-309-1234 Fax: 901-309-3290 # Apt Homes: 306 Avg Size: 965 Avg Rent: $845 Net Avg Rent: $811 Avg Rent/Sq ft: $0.88 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 186 787 $746 $709 2 80 1170 $958 $937 3 40 1382 $1078 $1033 4 Rent PFS $0.95 $0.82 $0.78 Submarket: Southeast Year Built: 2001 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Cynthia Johnson 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: $554 Avg Rent/Sq ft: $0.73 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 248 690 $520 $480 2 128 985 $696 $696 3 4 Rent PFS $0.75 $0.71 Submarket: Southeast Year Built: 1985 Renovated: Financing: Conventional Storage Units Mgt Firm: Stonemark Management Company Manager: Tomeka Wood Ridgeway Terrace Apartments 6332 Village Grove Drive Memphis, TN 38115 Phone: 901-794-6734 Fax: 901-795-9184 # Apt Homes: 332 Avg Size: 830 Avg Rent: $637 Net Avg Rent: $527 Avg Rent/Sq ft: $0.77 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 160 660 $575 $465 2 172 989 $695 $585 3 4 Rent PFS $0.87 $0.70 Submarket: Southeast Year Built: 1985 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Sunshine Corporation Manager: Monica Price http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Southeast Property Detail Somerset Park Apartments 3424 Winchester Park Drive Memphis, TN 38118 Phone: 901-795-7622 Fax: 901-795-7642 # Apt Homes: 496 Avg Size: 985 Avg Rent: $509 Net Avg Rent: $453 Avg Rent/Sq ft: $0.52 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 168 675 $397 $346 2 224 1088 $539 $473 3 4 104 1265 $625 $585 Rent PFS $0.59 $0.50 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Belinda Wilson $0.49 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 107 842 $600 $600 2 128 1114 $721 $721 3 41 1341 $855 $855 4 Rent PFS $0.71 $0.65 $0.64 Submarket: Southeast Year Built: 2007 Renovated: Financing: Tax Credit Mgt Firm: Pedcor Homes Manager: Tracy West Stonebrook 6371 Winchester Road Memphis, TN 38115 Phone: 901-794-6313 Fax: 901-363-5212 # Apt Homes: 244 Avg Size: 959 Avg Rent: $643 Net Avg Rent: $634 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 14 660 $575 $575 2 202 939 $620 $612 3 28 1257 $843 $818 4 Rent PFS $0.87 $0.66 $0.67 Submarket: Southeast Year Built: 1976 Renovated: 2003 Financing: Conventional Washer/Dryer In Unit Mgt Firm: WRH Realty Services Manager: Nanette Bean http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Southeast Property Detail Stoneridge at Germantown Falls 6895 Club Ridge Circle Memphis, TN 38115 Phone: 901-795-9008 Fax: # Apt Homes: 486 Avg Size: 873 Avg Rent: $614 Net Avg Rent: $614 Avg Rent/Sq ft: $0.70 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 244 697 $551 $551 2 242 1051 $678 $678 3 4 Rent PFS $0.79 $0.65 Submarket: Southeast 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Northland Investment Corporation Manager: Madonna Fulgham Ten Mile Creek Apts. & Townhomes 2718 Claudette Road Memphis, TN 38118 Phone: 901-362-7837 Fax: 901-362-3188 # Apt Homes: 344 Avg Size: 1110 Avg Rent: $486 Net Avg Rent: $486 Avg Rent/Sq ft: $0.44 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 56 750 $355 $355 2 174 1011 $441 $441 3 114 1437 $620 $620 4 Rent PFS $0.47 $0.44 $0.43 Submarket: Southeast Year Built: 1975 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Equity Management, Inc. Manager: Michelle Coker 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: $566 Avg Rent/Sq ft: $0.85 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 420 719 $668 $519 2 210 1130 $846 $661 3 4 http://www.maac.com/ Rent PFS $0.93 $0.75 Submarket: Southeast Year Built: 1989 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Fogelman Management Group Manager: Rachel Stenger http://www.forrent.com/ http://www.hmheckle.com/ Southeast Property Detail Village Green Apartments 3450 Fescue Lane Memphis, TN 38115 Phone: 901-365-0236 Fax: 901-368-6014 # Apt Homes: 314 Avg Size: 966 Avg Rent: $633 Net Avg Rent: $565 Avg Rent/Sq ft: $0.66 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 70 704 $554 $474 2 226 1014 $643 $577 3 18 1392 $812 $777 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Lexington Investments Manager: KJ Allen Waterford Place 8037 Waterford Circle Memphis, TN 38125 Phone: 901-737-8789 Fax: 901-737-8887 # Apt Homes: 320 Avg Size: 1108 Avg Rent: $940 Net Avg Rent: $861 Avg Rent/Sq ft: $0.85 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 120 802 $755 $692 2 140 1226 $998 $914 3 60 1444 $1173 $1076 4 Rent PFS $0.94 $0.81 $0.81 Submarket: Southeast Year Built: 2000 Renovated: Financing: Conventional Storage Units Mgt Firm: Friedman Intergrated Real Estate Solutions Manager: Kate Kourofsky Westbury, The 3820 Mission Hills Drive Memphis, TN 38125 Phone: 901-757-8511 Fax: 901-757-0596 # Apt Homes: 350 Avg Size: 1092 Avg Rent: $1031 Net Avg Rent: $1008 Avg Rent/Sq ft: $0.94 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 111 885 $884 $842 2 203 1150 $1057 $1011 3 36 1405 $1341 $1504 4 Rent PFS $1.00 $0.92 $0.95 Submarket: Southeast Year Built: 2004 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Michele Young Gore http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Southeast Property Detail Wingood Manor 3463 Wingood Circle Memphis, TN 38118 Phone: 901-365-8318 Fax: 901-367-2688 # Apt Homes: 216 Avg Size: 848 Avg Rent: $529 Net Avg Rent: $455 Avg Rent/Sq ft: $0.62 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 48 632 $455 $399 2 144 861 $535 $449 3 24 1198 $645 $599 4 Rent PFS $0.72 $0.62 $0.54 Submarket: Southeast 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit 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: $494 Net Avg Rent: $474 Avg Rent/Sq ft: $0.66 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 82 679 $462 $432 2 40 893 $560 $560 3 4 http://www.baerfirm.net/ Rent PFS $0.68 $0.63 Submarket: Southeast Year Built: 1967 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: Makowsky Ringel Greenberg LLC Manager: Sonia Jackson Rev. Mgt. Yes Software: http://www.mrgmemphis.com/ http://www.maac.com/ Southwest Property Detail Airways Villa Apartments 2305 Pendleton Street Memphis, TN 38114 Phone: 901-744-4499 Fax: 901-744-0088 # Apt Homes: 182 Avg Size: 647 Avg Rent: $348 Net Avg Rent: $323 Avg Rent/Sq ft: $0.54 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 32 542 $315 $293 2 150 670 $355 $330 3 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: JCH Property Management Co. Inc. Manager: Sheila Harris Apartments at LaPaloma 1394 Lapaloma Circle Memphis, TN 38114 Phone: 901-274-4951 Fax: # Apt Homes: 80 Avg Size: 665 Avg Rent: $419 Net Avg Rent: $413 Avg Rent/Sq ft: $0.63 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 579 $395 $385 2 64 687 $425 $420 3 4 Rent PFS $0.68 $0.62 Submarket: Southwest Year Built: 1950 Renovated: 1999 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Northern Incorporated Manager: Cindy Lucas Austin Park Place # Apt Homes: 4351 LeClaire Lane Memphis, TN 38109 Phone: 901-789-2221 Fax: 901-789-2251 71 Avg Size: 1189 Avg Rent: $609 Net Avg Rent: $609 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 17 925 $522 $522 3 34 1150 $604 $604 4 20 1480 $690 $690 http://www.forrent.com/ Submarket: Southwest Year Built: 2009 Renovated: Financing: Tax Credit Rent PFS Washer/Dryer In Unit Mgt Firm: Lighthouse Property Mgmt Group, LLC $0.56 $0.53 $0.47 Manager: Nicole Kirkland http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Southwest Property Detail Barron Court Apartments 1175 Barron Court Memphis, TN 38114 Phone: 901-745-4416 Fax: # Apt Homes: 84 Avg Size: 760 Avg Rent: $300 Net Avg Rent: $300 Avg Rent/Sq ft: $0.39 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 84 760 $300 $300 3 4 Submarket: Southwest Year Built: 1973 Renovated: Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Epstien Enterprises $0.39 Manager: Tony Cox 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: $499 Avg Rent/Sq ft: $0.57 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 84 643 $395 $340 2 173 915 $507 $506 3 120 1120 $650 $600 4 Rent PFS $0.61 $0.55 $0.58 Submarket: Southwest Year Built: 1965 Renovated: 1997 Financing: Tax Credit Mgt Firm: Ambassador Management, LLC Manager: Wanda Brownlee Birches Townhouses 1466 Shady Birch Memphis, TN 38116 Phone: 901-396-7551 Fax: 901-396-1500 # Apt Homes: 105 Avg Size: 956 Avg Rent: $584 Net Avg Rent: $584 Avg Rent/Sq ft: $0.61 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 45 770 $529 $529 2 60 1096 $625 $625 3 4 Rent PFS $0.69 $0.57 Submarket: Southwest Year Built: 1970 Renovated: Financing: Conventional Mgt Firm: Better Building Management LLC Manager: Glenda Hodge http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Southwest Property Detail Cane Creek Apartments 1528 Ragan Street Memphis, TN 38106 Phone: 901-774-8882 Fax: 901-775-0688 # Apt Homes: 125 Avg Size: 1517 Avg Rent: $598 Net Avg Rent: $598 Avg Rent/Sq ft: $0.39 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 3 65 1440 $550 $550 4 60 1600 $650 $650 Submarket: Southwest Year Built: 2005 Renovated: Financing: Tax Credit Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Patricia Tansil $0.38 $0.41 Canterra Park Apartments 3644 Dutchess Drive Memphis, TN 38116 Phone: 901-346-3388 Fax: 901-346-3363 # Apt Homes: 912 Avg Size: 876 Avg Rent: $511 Net Avg Rent: $470 Avg Rent/Sq ft: $0.58 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 220 568 $435 $399 2 411 878 $482 $436 3 193 1055 $585 $536 4 88 1240 $675 $665 Rent PFS $0.77 $0.55 $0.55 $0.54 Submarket: Southwest Year Built: 1971 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Mgt Firm: Management Solutions, Inc. Manager: Betty Carrera Charter Oaks 5473 Vander Oak Memphis, TN 38116 Phone: 901-398-4036 Fax: 901-398-7750 # Apt Homes: 98 Avg Size: 885 Avg Rent: $508 Net Avg Rent: $508 Avg Rent/Sq ft: $0.57 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 675 $439 $439 2 67 856 $494 $494 3 15 1235 $642 $642 4 http://www.mrgmemphis.com/ Rent PFS $0.65 $0.58 $0.52 Submarket: Southwest Year Built: 1965 Renovated: 1994 Financing: Conventional Mgt Firm: BL Realty LLC Manager: Felecia Boyd http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit Southwest Property Detail Cherokee Square Apartments 2884 Filmore Avenue Memphis, TN 38114 Phone: 901-744-6334 Fax: 901-745-4821 # Apt Homes: 39 Avg Size: 0 Avg Rent: $415 Net Avg Rent: $415 Avg Rent/Sq ft: Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 39 0 $415 $415 3 4 Submarket: Southwest Year Built: Renovated: Financing: Conventional Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Lerner Knight El Dorado Apartments 2743 Ketchem Road Memphis, TN 38114 Phone: 901-743-6497 Fax: 901-743-3839 # Apt Homes: 188 Avg Size: 631 Avg Rent: $421 Net Avg Rent: $404 Avg Rent/Sq ft: $0.67 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 92 530 $390 $390 2 96 728 $450 $417 3 4 Rent PFS $0.74 $0.62 Submarket: Southwest Year Built: 1968 Renovated: Financing: Conventional Mgt Firm: H M Heckle & Company Manager: Alescia Knowles Faronia Square Townhouses 1350 S. Faronia Square Memphis, TN 38116 Phone: 901-332-2502 Fax: 901-398-7442 # Apt Homes: 204 Avg Size: 1257 Avg Rent: $624 Net Avg Rent: $624 Avg Rent/Sq ft: $0.50 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 134 1194 $580 $580 3 70 1377 $709 $709 4 Submarket: Southwest Year Built: 1969 Renovated: Financing: Conventional Rent PFS Washer/Dryer In Unit Mgt Firm: Freeman Webb Management $0.49 $0.51 Manager: Kim Jones http://www.fogelman-management.com/ http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Southwest Property Detail Graceland Farms Apartments 1984 Bonnie Drive Memphis, TN 38116 Phone: 901-332-0286 Fax: 901-332-9377 # Apt Homes: 192 Avg Size: 779 Avg Rent: $380 Net Avg Rent: $413 Avg Rent/Sq ft: $0.49 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 79 648 $351 $393 2 112 870 $399 $425 3 1 882 $610 $610 4 Rent PFS $0.54 $0.46 $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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: H M Heckle & Company Manager: Rashad Melton Harold Ford Villas # Apt Homes: 621 Deerskin Drive Memphis, TN 38109 Phone: 901-785-4870 Fax: 901-785-4873 Avg Size: 72 1184 Avg Rent: $699 Net Avg Rent: $699 Avg Rent/Sq ft: $0.59 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 8 948 $510 $510 2 10 948 $622 $622 3 36 1188 $721 $721 4 18 1411 $780 $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: 905 Avg Rent: $507 Net Avg Rent: $507 Avg Rent/Sq ft: $0.56 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 8 700 $430 $430 2 62 900 $499 $499 3 10 1100 $620 $620 4 Rent PFS $0.61 $0.55 $0.56 Submarket: Southwest Year Built: 1968 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Better Building Management LLC Manager: Telesa Bernard Rev. Mgt. Yes Software: http://www.sentinelcorp.com/ http://www.baerfirm.net/ http://www.mrgmemphis.com/ Southwest Property Detail Highland Meadows 5001 Airways Boulevard Memphis, TN 38116 Phone: 901-346-4640 Fax: 901-398-9882 # Apt Homes: 600 Avg Size: 894 Avg Rent: $575 Net Avg Rent: $478 Avg Rent/Sq ft: $0.64 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 168 750 $509 $425 2 432 950 $600 $499 3 4 Rent PFS $0.68 $0.63 Submarket: Southwest Year Built: 1975 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Diane Wilson Hillcrest Apartments 4155 East Wind Drive #1 Memphis, TN 38116 Phone: 901-398-1378 Fax: # Apt Homes: 215 Avg Size: 876 Avg Rent: $542 Net Avg Rent: $534 Avg Rent/Sq ft: $0.62 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 624 $454 $444 2 135 957 $561 $554 3 16 1200 $734 $724 4 Rent PFS $0.73 $0.59 $0.61 Submarket: Southwest Year Built: 1965 Renovated: 2007 Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Sarah Tate, CAM Levi Landing 3901 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 3 136 1462 $750 $750 4 48 1462 $780 $780 http://www.maac.com/ Submarket: Southwest Year Built: 2006 Renovated: Financing: Tax Credit Rent PFS Washer/Dryer In Unit Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Nancy Kohler $0.51 $0.53 http://www.forrent.com/ http://www.hmheckle.com/ Southwest Property Detail Linden Yards Apartments 711 Linden Avenue Memphis, TN 38126 Phone: 901-529-0068 ext 224 Fax: 901-521-0539 # Apt Homes: 22 Avg Size: 969 Avg Rent: $662 Net Avg Rent: $646 Avg Rent/Sq ft: $0.68 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 16 905 $635 $635 3 6 1141 $735 $674 4 Submarket: Southwest Year Built: 2009 Renovated: Financing: Tax Credit Rent PFS Alarm System Allow Pets Business Center ClubHouse Controlled Access Gate Corporate Apartment Covered Parking Fireplace Fitness Center Garage High Speed Internet Highrise Laundry Facilities Patio/Balcony Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Ambassador Management, LLC $0.70 $0.64 Manager: Shelby Douglas Millcreek Apartments 4537 Mill Stream Drive Memphis, TN 38116 Phone: 901-345-9100 Fax: 901-345-3687 # Apt Homes: 448 Avg Size: 895 Avg Rent: $541 Net Avg Rent: $532 Avg Rent/Sq ft: $0.60 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 104 702 $441 $434 2 336 941 $567 $557 3 8 1460 $749 $739 4 Rent PFS $0.63 $0.60 $0.51 Submarket: Southwest Year Built: 1970 Renovated: 1994 Financing: Tax Credit Mgt Firm: LEDIC Management Group Manager: Office Email 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 12 852 $410 $410 2 57 1055 $560 $560 3 129 1100 $585 $585 4 80 1245 $670 $670 Rent PFS $0.48 $0.53 $0.53 $0.54 Submarket: Southwest Year Built: 1972 Renovated: Financing: Conventional Washer/Dryer In Unit Mgt Firm: Monterra Park Management, LLC Manager: Bridget Floyd http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.sharprobbins.com/content/ Southwest Property Detail Oakshire 1717 Crimson Circle Memphis, Tn 38116 Phone: 901-346-1660 Fax: 901-346-7447 # Apt Homes: 300 Avg Size: 904 Avg Rent: $438 Net Avg Rent: $431 Avg Rent/Sq ft: $0.48 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 78 629 $363 $363 2 133 958 $443 $433 3 89 1065 $498 $487 4 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Owner Managed Manager: Theresa Nanan Parkway Commons 1500 Parkway View Memphis, TN 38106 Phone: 901-726-1812 Fax: # Apt Homes: 80 Avg Size: 933 Avg Rent: $607 Net Avg Rent: $493 Avg Rent/Sq ft: $0.65 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 624 $502 $399 2 40 859 $594 $475 3 24 1264 $700 $586 4 Rent PFS $0.80 $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 Manor & Townhomes 4260 Peggy Jo Drive Memphis, TN 38116 Phone: 901-396-8663 Fax: 901-332-5879 # Apt Homes: 142 Avg Size: 881 Avg Rent: $565 Net Avg Rent: $547 Avg Rent/Sq ft: $0.64 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 29 690 $485 $475 2 113 930 $585 $565 3 4 http://www.baerfirm.net/ Rent PFS $0.70 $0.63 Submarket: Southwest Year Built: 1972 Renovated: Financing: Conventional Mgt Firm: Makowsky Ringel Greenberg LLC Manager: LyQuala Buford http://www.mrgmemphis.com/ http://www.maac.com/ Washer/Dryer In Unit Southwest Property Detail Posts Apartments, The 4485 Hudgins Road Memphis, TN 38116 Phone: 901-398-4502 Fax: 901-398-4248 # Apt Homes: 172 Avg Size: 752 Avg Rent: $525 Net Avg Rent: $509 Avg Rent/Sq ft: $0.70 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 96 532 $440 $427 2 38 926 $567 $564 3 38 1132 $700 $662 4 Rent PFS $0.83 $0.61 $0.62 Submarket: Southwest Year Built: 1955 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: LEDIC Management Group Manager: Thelma Saddler Rev. Mgt. Yes Software: 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 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 25 625 $399 $399 2 75 852 $508 $524 3 25 1328 $575 $525 4 Rent PFS $0.64 $0.60 $0.43 Submarket: Southwest Year Built: 2002 Renovated: Financing: Tax Credit Storage Units Mgt Firm: Lighthouse Property Mgmt Group, LLC Manager: Property Manager Salem Manor Apartments 2270 South Parkway East Memphis, TN 38114 Phone: 901-278-5052 Fax: 901-278-1306 # Apt Homes: 102 Avg Size: 1034 Avg Rent: $530 Net Avg Rent: $530 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 16 715 $410 $410 2 67 1000 $510 $510 3 19 1425 $700 $700 4 http://www.forrent.com/ Rent PFS $0.57 $0.51 $0.49 Submarket: Southwest Year Built: 1949 Renovated: 1997 Financing: Tax Credit Washer/Dryer In Unit Mgt Firm: Ambassador Management, LLC Manager: Debra Harper http://www.hmheckle.com/ http://www.sharprobbins.com/content/ Southwest Property Detail Summit Park Apartments 1770 Piping Rock Drive Memphis, TN 38116 Phone: 901-332-0472 Fax: 901-332-6956 # Apt Homes: 402 Avg Size: 935 Avg Rent: $499 Net Avg Rent: $499 Avg Rent/Sq ft: $0.53 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 64 700 $400 $400 2 266 906 $490 $490 3 56 1212 $599 $599 4 16 1400 $705 $705 Rent PFS $0.57 $0.54 $0.49 $0.50 Submarket: Southwest Year Built: 1973 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: ALCO Management Manager: Dolly Mohn 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: $484 Net Avg Rent: $431 Avg Rent/Sq ft: $0.51 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 1 600 $365 $365 2 172 875 $460 $390 3 56 1150 $560 $560 4 Rent PFS $0.61 $0.53 $0.49 Submarket: Southwest Year Built: 1965 Renovated: Financing: Conventional Storage Units Mgt Firm: Makowsky Ringel Greenberg LLC Manager: Mary Gray Verano Park LLC 3561 Claymore Memphis, TN 38116 Phone: 901-345-9333 Fax: 901-345-9955 # Apt Homes: 320 Avg Size: 852 Avg Rent: $495 Net Avg Rent: $400 Avg Rent/Sq ft: $0.58 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 2 320 852 $495 $400 3 4 Submarket: Southwest Year Built: 1971 Renovated: Financing: Conventional Rent PFS Mgt Firm: Cottonwood Capital $0.58 Manager: Amanda Goss-Gibson http://www.fogelman-management.com/ http://www.sentinelcorp.com/ http://www.baerfirm.net/ Washer/Dryer In Unit Southwest Property Detail Weaver Fields Apartments # Apt Homes: 3870 Weaver Meadows Lane Memphis, TN 38109 Phone: 901-789-9654 Fax: 901-789-9652 108 Avg Size: 1005 Avg Rent: $650 Net Avg Rent: $650 Avg Rent/Sq ft: $0.65 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 28 772 $550 $550 2 52 1005 $650 $650 3 28 1238 $750 $750 4 Rent PFS $0.71 $0.65 $0.61 Submarket: Southwest Year Built: 2003 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Alarm System Allow Pets 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 Tennis Playground Washer/Dryer Connections Pool Storage Units Washer/Dryer In Unit Mgt Firm: Ambassador Management, LLC Manager: Georgette Smith Wesley Forest Apartments 250 Wesley Oaks Drive Memphis, TN 38109 Phone: 901-332-3001 Fax: 901-344-9016 # Apt Homes: 165 Avg Size: 1010 Avg Rent: $609 Net Avg Rent: $609 Avg Rent/Sq ft: $0.60 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 33 662 $489 $489 2 80 1017 $593 $593 3 52 1221 $709 $709 4 Rent PFS $0.74 $0.58 $0.58 Submarket: Southwest Year Built: 2000 Renovated: Financing: Tax Credit Mgt Firm: Ambassador Management, LLC Manager: Alyce Fonder Whitehaven Oaks Apartments 4179 Millbranch Road Memphis, TN 38116 Phone: 901-348-9906 Fax: # Apt Homes: 62 Avg Size: 617 Avg Rent: $389 Net Avg Rent: $389 Avg Rent/Sq ft: $0.63 Net Avg #Bdrms #Apts Avg Size Avg Rent Rent 1 53 604 $375 $375 2 9 694 $472 $472 3 4 http://www.mrgmemphis.com/ Rent PFS $0.62 $0.68 Submarket: Southwest Year Built: 1973 Renovated: Financing: Conventional Mgt Firm: Swan Property Management LLC Manager: Brenda Burks http://www.maac.com/ http://www.forrent.com/ Washer/Dryer In Unit
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