Buying In Memphis, TN
Memphis, TN Apartment Building Buyers
Own a building of five or more units in Memphis? We purchase apartment properties around Midtown, Cordova, and the rest of Shelby County, and we review every deal against a clear buy box.
The Memphis Market
What Drives Rentals In Memphis
Three things keep Memphis apartments leased: FedEx’s global air hub and a major logistics economy, St. Jude Children’s Research Hospital and healthcare employers, and low acquisition prices relative to rents.
In Cordova and Germantown as much as Midtown, we are open to buildings with deferred maintenance, below-market rents, or occupancy problems.
FedEx’s global air hub and a major logistics economy
St. Jude Children’s Research Hospital and healthcare employers
Low acquisition prices relative to rents
Our Buy Box
What We Buy In Memphis
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
- State law prohibits local rent control.
- Closing timelines in Memphis are set around your needs — we can close quickly or allow extra time for a 1031 exchange or relocation.
- Shelby County handles assessment for Memphis properties, so we check the current assessed value and how a sale may change it.
Seller Guides
Selling In Memphis? Common Situations We Handle
Memphis Seller FAQ
Which parts of Memphis do you buy in?
We look across the city and its surroundings — Midtown, Cordova, Bartlett, and Germantown — and we will review a property outside those areas on its own merits.
What drives rental demand in Memphis?
Demand in Memphis is supported by FedEx’s global air hub and a major logistics economy, St. Jude Children’s Research Hospital and healthcare employers, and low acquisition prices relative to rents. We weigh those fundamentals, along with the condition and rent roll of each building, when we set a price.
What if my Memphis building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Shelby County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
What should Tennessee sellers know about property taxes?
Tennessee assesses residential property at 25% of appraised value, with county reappraisals every four to six years. We check the timing of your county’s next reappraisal.
Submit A Deal
Selling A Building In Memphis?
A few details are enough to start. We respond to every Memphis submission, including off-market and pocket listings.
