SOLD
Wogan Group Acquires Multifamily Property In Memphis, TN For $12.5M
1066 Poplar Avenue
MultiFamily
200,000 SF
200,000 SF
Sold 1 year ago
Summary
Sale
TENNESSEE
MultiFamily
200,000 sqft
An apartment complex located at 1066 Poplar Ave in Memphis, TN has been sold in a recent transaction. The multifamily property, consisting of 88 units, was sold by Pendleside Holdings to the buyer, Wogan Group, for a total sale price of $12,500,000. This equates to a per unit price of approximately $142,045.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,500,000
- Units: 88
- Price Per Unit: $142,045
The sale of this apartment complex was facilitated by Luke Searcy, Adam Klenk, Tyler Mayo, and Jordan Arand of Capstone Apartment Partners, who represented both the buyer and the seller in the transaction as brokers.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Luke Searcy, Adam Klenk, Tyler Mayo & Jordan Arand
DATE: 07/12/2022
ADDRESS: 1066 Poplar Ave
MARKET: Memphis, TN
ASSET TYPE: Multifamily
BUYER: Wogan Group
SELLER: Pendleside Holdings
BROKERS: Luke Searcy, Adam Klenk, Tyler Mayo & Jordan Arand - Capstone Apartment Partners
SALE PRICE: $12,500,000
UNITS: 88 ~ PPU: $142,045View on map
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Address1066 Poplar Avenue
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