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Editorial Results (free)

1. Somerset Apartments Sell for $2.5 Million -

An entity called Memphis Winset LLC has paid $2.5 million for the 496-unit Somerset Park Apartment Homes in Oakhaven.

2. Roberts Benchmark Hotel on Union Sells for $3.2 Million -

164 Union Ave.

Memphis, TN 38103

Sale Amount: $3.2 million

Sale Date: Dec. 5, 2012

3. Memphis Company Buys Somerset Apartments -

An entity called JMC Memphis LLC has paid $1.7 million for the 496-unit Somerset Park Apartment Homes in Oakhaven.

4. Somerset Apartments Owner Files $2 Million Loan on Property -

A Hollywood, Fla.-based entity called Investments Australia LLC has filed a $2 million loan on the 496-unit Somerset Park Apartment Homes in Oakhaven.

5. Lease Takes Appling Farms to Capacity -

A distributorship of Pella Corp. has inked 11,300 square feet in Appling Farms Corporate Park, 6972 Appling Farms Parkway.

6. Somerset Park Apartments Sell for $1.1 Million -

3425 Winchester Park Drive
Memphis, TN 38118
Sale Amount: $1.1 Million

7. Florida Company Buys Oakhaven Apartments -

A Hollywood, Fla.-based entity called Investments Australia LLC has bought the 496-unit Somerset Park Apartment Homes in Oakhaven for $1.1 million.

8. Outlook Unsure -

Last week’s Commercial Property Forecast Summit painted a dour picture of the local real estate market, but the January numbers show that the commercial sector has a detectable pulse – at least for now.

9. Buena Vista Apartments in Frayser Foreclosed, Sold to Atlanta Company -

3431 N. Trezevant St.
Memphis, TN 38127
Sale Amount: $1.3 Million

Sale Date: Jan. 12, 2010
Buyer: Tritex Real Estate Advisors Inc.
Seller: Emily Bowman, successor trustee

10. Somerset Park Sells For $2.1M After Foreclosure -

The 496-unit Somerset Park Apartment Homes on Winchester Road in the Oakhaven/Parkway Village area sold on the steps of the Shelby County Courthouse last month for $2.1 million following a foreclosure. The sprawling multifamily complex is comprised of four parcels – 3443 and 3474 Winchester Road, 3649 Lake Park Drive and 6431 Arrowbrook.

11. Archived Article -

Vacant land
In Collierville
Sale Amount: $ 2 million; $2.1 million ($4.1 million total)

Sale Date: Sept. 27, 2007

12. Archived Article -

Four parcels
in Memphis
Cost: $8.3 million

Buyer: Maruti Somerset Park LLC

Seller: Tarragon Lake Point Partnership

13. Somerset Park CommunitySells to California Investors - Somerset Park Apartments, a multifamily community located at 3424 Winchester Park Drive east of Memphis International Airport, has sold for $8.25 million to a California-based private investment group. Somerset Park, built in 1972, contains 520 units