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Editorial Results (free)

1. Mud Island Apartments Sell for $43.6 Million -

A large apartment community on Mud Island has sold for $43.6 million. Riverset, a 500-unit apartment community constructed in 1988 and 1990, sold on May 31 for $43.6 million, or $87,200 per unit.

Blake Pera and Tommy Bronson III with CB Richard Ellis’ Memphis multifamily division represented the seller, Auction Street Associates LP, in the sale to TMF II Riverset LLC.

2. Mud Island Apartments Sell for $43.6 Million -

A large apartment community on Mud Island has sold for $43.6 million. Riverset, a 500-unit apartment community constructed in 1988 and 1990, sold on May 31 for $43.6 million, or $87,200 per unit.

Blake Pera and Tommy Bronson III with CB Richard Ellis’ Memphis multifamily division represented the seller, Auction Street Associates LP, in the sale to TMF II Riverset LLC.