Village Square Apartments

2024-2098 Jefferson Ave., Memphis TN 38104

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The Offering

Asking Price $3,750,000
Number of Units 61
Price per Unit $61,475
Number of Buildings 16
Number of Stories 2
Year Built 1945
Land Area 1.83 ac

MULTIFAMILY PROPERTY IN GREAT MIDTOWN MEMPHIS LOCATION

VILLAGE SQUARE Apartments features 16 two-story garden style buildings with 61 studio and one-bedroom units. Ideally situated in the heart of Midtown, the property is within walking distance of the vibrant Overton Square, home to Memphis Ballet, Theater Memphis, and a diverse array of restaurants and live music venues. Residents also enjoy easy access to Overton Park, offering golf, scenic walking trails, and concerts at the historic Overton Park Shell.

Beyond its prime location for entertainment and recreation, Village Square is strategically positioned near major employment hubs, with over 112,000 white-collar jobs in the vicinity. The property is also close to key retailers such as Kroger, Home Depot, CVS, and Walgreens. Additionally, it lies just minutes west of more than $14 billion in hospital expansions, including groundbreaking projects at St. Jude Children’s Research Hospital and Regional One, which are set to create thousands of new jobs and further enhance the area’s economic growth.

See executive summary and offering memorandum in document portal for information on building updates.