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PROPERTY OVERVIEW

Located in Memphis, Tennessee, Horton Garden Apartment is a 131 unit multifamily complex and sits on a parcel of 24.5 acres in 60 separate single storey buildings. It is a garden low rise apartment built in 1972. The property sits in a beautiful position surrounded by open fields and woodland with dedicated access along a tree lined road.

 

The property can be immediately refurbished using the existing solid brick buildings with recent roofs to create an exclusive family community.

 

Unit sizes range from 1 to 5 bedrooms with planning scope for 30-40% more units.

 

The property has very low density that would lend itself to an ageing care development, or a similar exclusive living environment.

 

Large centrally located community buildings.


                       

COMMUNITY AMENITIES

The communal grounds are secured, properly fenced and excellent for families. 


  • Fantastic wooded and parkland site mix with extremely low density.
  • Paved Streets 
  • Fire Station close to apartment 
  • Regular patrol by security staffs

APARTMENT AMENITIES

  • Wholly brick built complex with sound structures and roofs.
  • Spacious floor plans
  • Large centralised community buildings
  • Generous parking capacity
  • Open, spacious grounds creating a country living feel.


CURRENT UNIT MIX        

                                                           


PRO FORMA
     

LOCATION MAP



RENT COMPARABLE



You can download a copy of the Offering Memorandum using the below link: HortonGardenApartments.pdf