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2603 Pojest Dr
Memphis, TN 38127

Annie’s Townhomes · Residential Property For Sale · 200 Units

PROPERTY FACTS

No. Units 200
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 13.53 AC
Building Size 324,780 SF
Average Occupancy 93%
Number of Floors 2
Year Built 1975
Parking Ratio 2.5/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Storage Space
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Wooden Floors
  • Satellite TV
  • Walk-In Closets
  • Carpet

Site Amenities

  • Clubhouse
  • Fitness Centre
  • Laundry Facilities
  • Playground
  • Tennis Court
  • Rubbish Collection - Kerbside

About 2603 Pojest Dr , Memphis, TN 38127

Annie’s Townhomes consists of a 200 unit, two story townhome multifamily property comprised of 14 apartments buildings, a clubhouse, fitness center, laundry facilities, and a pool situated on 13.53 acres. It boasts a 97% occupancy rate. Less than two miles away from Annie’s Townhomes is Nike’s largest distribution center. This 2.8 million square foot facility is open 24 hours, 7 days a week and employs over 1800 residents. Renovations in the submarket have been popular this cycle. There are roughly 1,000 units under renovation in the Frayser-Raleigh submarket of Memphis. The submarket’s plethora of vintage C grade properties has attracted investors wanting to add value in order to push rents. Residential home prices increased by 50% over the past year showing new interest in the submarket.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 2 - 500
2+2 194 - 956 - 1,156
3+2 2 - 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-2073-0-0015
Land Assessment
£241,037
Improvements Assessment
£1,787,710
Total Assessment
£2,028,747

zoning

Zoning Code RML
RML
  • Listing ID: 14961997

  • Date on Market: 23/01/2019

  • Last Updated:

  • Address: 2603 Pojest Dr, Memphis, TN 38127

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