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2603 Pojest Dr
Memphis, TN 38127
Annie’s Townhomes · Multifamily Property For Sale · 200 Units
PROPERTY FACTS
| No. Units | 200 | Building Size | 324,780 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 2.5/1,000 SF |
| Lot Size | 13.53 AC |
| No. Units | 200 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 13.53 AC |
| Building Size | 324,780 SF |
| Average Occupancy | 93% |
| No. Stories | 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
- Hardwood Floors
- Satellite TV
- Walk-In Closets
- Carpet
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Playground
- Tennis Court
- Trash Pickup - Curbside
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
| Parcel Number | 07-2073-0-0015 | Improvements Assessment | $2,282,280 |
| Land Assessment | $307,720 | Total Assessment | $2,590,000 |
PROPERTY TAXES
zoning
| Zoning Code | RML |
| RML |
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