Fast-growing Columbus real estate firm pays $56M for Memphis apartment complex

Columbus Business First - 3 weeks ago
Coastal Ridge Real Estate bought The Preserve at Forest Creek, a 414-unit class A apartment community several miles southeast of Memphis, in partnership with H. Katz Capital, for $56.6 million. The...

Evanoff: Amazon hunt for second headquarters shows Memphis' strength, weaknesses

The Commercial Appeal - 2 days ago
That adds up to $5 billion in annual payroll, more than double the paychecks for the nearly 33,000 FedEx employees in Memphis. “This is a once-in-a-lifetime opportunity,” said Steve Guinn, vice...

First Tennessee Parent Company Reports Positive “Stress Test” Results

Memphis Daily News - 13 hours ago
Memphis-based First Horizon, parent of First Tennessee Bank, is grouped with institutions with $10 billion to $50 billion in total consolidated assets, which are subject to a less stringent form of...

Seminar To Feature ULI Emerging Trends Report

Memphis Daily News - 5 days ago
For the second straight year, ULI Memphis is partnering with The Daily News to present its 2018 Emerging Trends Report on Thursday, Nov. 2, at the Memphis Brooks Museum of Art. The report will...

Development group applauds new residential PILOT

Memphis Business Journal - 4 days ago
Wednesday, Oct. 18, the Economic Development Growth Engine (EDGE) for Memphis & Shelby County board approved a 15-year PILOT (payment-in-lieu-of-taxes) as part of EDGE's new residential PILOT...

If you are local to the uptown Memphis area and want to make a difference, we urge you to get involved with the Uptown Coalition. We invest and develop residential, commercial, and luxury properties in uptown areas and always seek to network with influential difference-makers in each local community. Do you have a commercial or residential property for sale or lease? Let us know. Are you a real estate developer looking for funding or local approvals on your next high rise project or development? We can be your resource. Are you a member of a political or developmental group that needs their message broadcast to the masses? These are the kinds of actions we thrive on! Get Involved in the Uptown Memphis regional and become a coalition member today!

Real Estate Market Stats

Zillow Home Value Index: $82,600

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $82,600 $201,900
Median Single Family Home Value $79,000 $200,100
Median Condo Value $126,500 $217,000
Median 2-Bedroom Home Value $49,700 $158,000
Median 3-Bedroom Home Value $80,700 $195,700
Median 4-Bedroom Home Value $131,900 $319,200
Percent Homes Decreasing 10% 17.2%
Median List Price Per Sq Ft $56 $128
Median Sale Price 2,156 2,506,163
Property Tax $720 $2,147
Turnover (Sold Within Last Yr.) 4.3% 2.9%
1-Yr. Change 7.1% 6.9%

Walk Score

What the Locals Think

Score: out of 10