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Editorial Results (free)

1. Elvis Presley Enterprises Seeks $70 Million Building Permit for Hotel -

3600 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $70 million

2. Midtown Cash Saver Property Sells for $5.3 Million -

1620 Madison Ave.
Memphis TN 38104
Sale Amount: $5.3 million

Sale Date: Oct. 24, 2014
Buyer: LAG Memphis LLC
Seller: Super Market Developers Inc.
Loan Amount: $3.9 million
Loan Date: Oct. 24, 2014
Lender: Ladder Capital Finance LLC
Details: The Cash Saver property on Madison Avenue in Midtown has been sold for $5.3 million.

3. Austin Peay Gas Station Sells for $1.1 Million -

An Atlanta-based real estate investment firm has sold a local convenience store and gas station for $1.1 million.

Decatur Properties IV Inc. sold the gas station and store at 4861 Austin Peay Highway to Roopani Properties LLC, according to an Oct. 22 warranty deed. Roopani Properties secured a $1.2 million loan for the purchase through Fidelity Bank, according to a deed of trust filed the same day.

4. Austin Peay Gas Station Sells for $1.1 Million -

An Atlanta-based real estate investment firm has sold a local convenience store and gas station for $1.1 million.

Decatur Properties IV Inc. sold the gas station and store at 4861 Austin Peay Highway to Roopani Properties LLC, according to an Oct. 22 warranty deed. Roopani Properties secured a $1.2 million loan for the purchase through Fidelity Bank, according to a deed of trust filed the same day.

5. Four-Way Self Storage Facility Sells for $1.3 Million -

6780 Country Park Drive Memphis, TN 38134

Sale Amount: $1.3 million

Sale Date: April 9, 2013

6. Kirby Food & Fuel Sells for $1.2 Million -

The Kirby Food & Fuel gas station and convenience store at 4138 Kirby Parkway in Hickory Hill has sold for $1.2 million.

7. YMCA Buys Former Cordova Athletic Club -

7950 Club Center Drive
Cordova, TN 38018
Sale Amount: $2 million

Sale Date: Dec. 1, 2010
Buyer: YMCA of Memphis & the Mid-South
Seller: Cordova AC LLC
Loan Amount: $4.7 million
Loan Date: Dec. 1, 2010
Maturity Date: n/a
Lender: Regions Bank and Regions Equipment Finance Corp. (together, the beneficiary)

8. Two Convenience Stores Financed for $1.4M -

Roopani Properties LLC and A&S Fuels LLC have financed two convenience stores/service stations through Brighton Bank for a total $1.4 million.

9. Bartlett Applebee’s Sells to Arizona Investment Company -

2890 Bartlett Blvd.
Bartlett, TN 38134
Sale Amount: $1.9 Million

Sale Date: Oct. 8, 2010
Buyer: Cole AP Bartlett TN LLC
Seller: DBAPPLEF LLC

10. MAPCO Express Unloads Another Gas Station -

Brentwood, Tenn.-based MAPCO Express has sold the gas station at 6977 Winchester Road for $650,000 to Mutahar Sharhan. The sale closed Oct. 13.

11. MedVet Memphis Builds New Cordova Facility -

555 Trinity Creek Cove
Cordova, TN 38018
Permit Amount: $3 million

Permit Date: Applied August 2010
Completion: May 2011 (open Summer 2011)
Owner: MedVet Memphis LLC
Tenant: MedVet Memphis LLC
Architect: archimania
Contractor: Grinder, Taber & Grinder Inc.

12. Shelby Drive Mapco Sells for $700,000 -

A Mapco station at 6705 E. Shelby Drive has sold for $700,000. Roopani Properties LLC, which lists a Collierville address, bought the property from Mapco Express Inc. The sale was financed with a $600,000 loan through Brighton Bank.