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Garden-Style Apartment Complex
For Sale
Contact for pricing
Pending

2940 Hickory Hill Exit, Memphis, TN 38119

Garden-style apartment complex with 208 apartments and 450 parking spaces.

Property SizeContact for details
Days on Market148

Property Features for 2940 Hickory Hill Exit

General Information

Standard status Pending
Total Parking Spaces 450
Property subtype Multifamily

Additional Details

Multifamily Units 208
Listing Agency: Rosewood Realty Group
Listed By: Joe Moskowitz · License #NY 40KE1038789
Source: Crexi
Added: Apr 13 Changed: Sep 3 Last Checked: Sep 6 at 9:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rosewood Realty Group

Investment Insights

Based on property information with market context.

Garden-style apartment complex consisting of 208 apartments and 450 parking spaces.

The property is identified as being located at 2940 Hickory Hill Exit in Memphis, Tennessee.

This multifamily offering is configured as a large residential community with on-site parking to support resident vehicles.

Key Highlights

  • Garden‑style apartment complex with 208 apartments
  • Includes 450 parking spaces

Property Analytics

Current Use

The Enclave Apartments Apartment Complex

Suggested Use

Top Pick Law Firm Cafe & Coffee Shop Dental Office Building Supply Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

208
Residential units

Location Intelligence

Trade Area within ½ mile

866
Businesses Nearby

Demographics for 38119, TN

23,997
Population
10,521
Households
2.3
Avg Household Size
39
Median Age
53%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
2,727
Density / Sq Mi
$86,325
Median Household Income
$53,068
Median Earnings
$1,336
Median Rent
$279,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Garden-style apartment complex with 208 apartments and 450 parking spaces.
Where is this apartment building located?
The property is located at 2940 Hickory Hill Exit Memphis, TN.
What are key features of this property?
This property features: Garden‑style apartment complex with 208 apartments; Includes 450 parking spaces
More about this property
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