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Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- Modern construction with upscale finishes - 10 foot ceilings, large windows, luxury vinyl plank flooring, porcelain tile, and urban design elements.
- Highly walkable setting near downtown Memphis, offering easy access to local attractions and amenities.
- Secure Podium Parking
- Below-market rents present a strong mark-to-market opportunity for investors or tenants.
- Prime South Main location, combining visibility, accessibility, and neighborhood appeal.
EXECUTIVE SUMMARY
Museum Lofts is newly delivered 68-unit luxury community in Memphis’ thriving Downtown Central Business District with a prime address across from the National Civil Rights Museum. Of great appeal to today’s urban renter, Museum Lofts features cutting-edge contemporary residences with sleek finishes, well-designed features, secure podium parking and a popular amenities package in close proximity to Downtown’s employment base of 69,000 jobs, as well as over 20,000 jobs in the Medical District.
MATTERPORT 3D TOURS
The Palace 2BR, 2BA - 1263SF
/2
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.60 AC |
| No. Units | 68 | Building Size | 76,445 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2020 |
| Building Class | B | ||
| Zoning | SM - Special Mixed Use | ||
| Sale Type | Investment |
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.60 AC |
| Building Size | 76,445 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 2020 |
| Zoning | SM - Special Mixed Use |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Washer/Dryer
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Fitness Center
- Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 65 | - | 482 - 830 |
| 2+2 | 3 | - | 1,263 |
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $11,892,100 | |
| Land Assessment | $333,600 | Total Assessment | $12,225,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$333,600
Improvements Assessment
$11,892,100
Total Assessment
$12,225,700
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Museum Lofts | 138 Huling Ave
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