Strong Location

Conveniently situated off I-40, Beverly Springs offers easy access to premier shopping, dining, and entertainment, including Bartlett Towne Center, Covington Springs Shopping Center, and the vibrant Beale Street Entertainment District. Top-rated schools and major employers, such as Shelby County Schools, the University of Memphis, Nike, and Amazon, are also just minutes away.

Significant Operational Upside

Investors can capitalize on the opportunity to boost NOI by more than $75K after year one. With strong potential for increased rental income through full occupancy, Beverly Springs is poised for significant growth. Additionally, reducing payroll and repair/maintenance expenses could further enhance profitability.

Value-Add Potential Through Unit Expansion

This 58-unit property offers a compelling value-add opportunity with the potential to convert two existing storage spaces into additional residential units. With the appropriate renovation, investors can increase the unit count to 60—enhancing rental income and boosting overall asset value.