The Walk On Union

DOWNTOWN MEMPHIS | 414-UNIT, CLASS A MULTI-FAMILY DEVELOPMENT

Requirements

  • 3-5 YearEstimated Hold Price

  • $25 MillionEquity Required

  • $50,000Minimum Investment

0% Funded

$10,000,000
$500,000

Key Investment Highlights

  • Trophy location in the heart of Downtown and walkable to all major attractions
  • Leading-edge infrastructure that will create a smart development and innovation hub
  • Highly amenitized residential units will include premier finishes, dog parks, concierge service, laundry pick-up, vehicle charging, golf simulator, full gym with yoga studio and boxing ring, and an outdoor pool with recreation/grilling area
  • Largest public/private partnership in the history of Memphis
  • Project is Phase 1 of a larger development that will include an additional 288 multifamily units, 2 hotels, and 142,279 SF of Class A creative office space.

Development Information

  • Property Type

    Industrial

  • Property Class

    Class A

  • # of Units

    414

  • Retail Space

    27,774 (Sq Ft)

Deal Highlights

  • Construction Costs

    $161,347,872

  • Projected Loan Amount

    $88,741,330

  • Projected Close Date

    Mid-August 2022

  • Projected LTV

    55%


Located in Memphis, TN

116 S 4th Street
Memphis, TN 38103
United States

Invest With Larson Today.


Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.

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