Memphis, TN - 17.545M

Strong In-Place Operations Offer Above-Market Yield (Double-Digit Cap Rate) & Mid-Teens Day One Cash Returns
The Medley Portfolio offers high occupancy and extremely strong in-place operations (with a double-digit in-place cap rate), allowing new ownership to generate mid-teens cash returns from day one.

Going forward, as the new owner continues to capitalize on the proven value-add business model, they will see outsized cash returns as rental income continues to grow!

The Medley Portfolio offers new ownership the opportunity to achieve significant rent premiums of over $100 per unit (monthly) through minor unit modernizations and cosmetic exterior improvements. By completing these upgrades, a new investor can push annual rental revenue by over $640,000!

Substantial Recent Capital Investment – Over $10MM in Last 7 Years
The Medley Portfolio has undergone significant upgrades through recent Capital Expenditures completed by current ownership, which serves as an incredibly strong foundation for a new investor to continue repositioning the asset.

In the last seven years alone, over $10,000,000 has been invested in capital upgrades and community improvements.

Clear Path to $100+ Rent Premiums Through Light Unit Modernizations & Cosmetic

Exterior Improvements