Cinnamon Trails, Memphis, Tennessee

Successful exit

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Cinnamon Trails, Memphis, Tennessee 2017-05-31T10:14:38+00:00

Project Description

אקזיט להשקעה בממפיס טנסי - Cinnamon Trails

Acquisition and renovation of a 208-unit residential complex with 2 and 3 bedroom apartments, swimming pool and green spaces. The property is located near main roads, essential facilities and shopping centers.

Knight Trails Circle, Memphis, TN United States 3251, USA

Year launched

2014

Equity raised

$1,770,000

Expected duration

26 Months

Actual duration

29 Months

Achieved annual return

20.50%

Property investments are illiquid, and past performance is no indication of future success

About the neighborhood

Memphis is the largest city in Tennessee, located in the southwest corner of the state alongside the Mississippi River, and adjacent to Arkansas and Mississippi. The city is located in between several highways and railways, a strategic hub for the country’s transportation industry.

About the developer

Yariv Ben-Sira has vast experience and knowledge of real estate and is the owner of an investment and property management firm. Tom Intrator is CEO of an investment and consulting firm with holdings that include hundreds of multi-family residential units across the U.S. and extensive experience in the real estate investment,  market analysis and business development.

The opportunity

אקזיט להשקעה בממפיס טנסי - Cinnamon Trails

Acquisition and renovation of a 208-unit residential complex with 2 and 3 bedroom apartments, swimming pool and green spaces. The property is located near main roads, essential facilities and shopping centers.

Other projects by the developer