Flats at Overton Square
Category: Projects
Flats at Overton Square
0 Diana St
Memphis, TN
A new 16-unit, 3-story apartment complex with apartments ranging from 540 to 850 SF.
| Property Name | Flats at Overton Square |
|---|---|
| Project Cost | $2,080,820 |
| District | Outside CBID |
| Type | New Construction |
| Developer | PMT Investments (Aaron Petree, Cliff McLemore, Ed Thomas III) |
| SF Developed | 11,000 |
| Total MWBE | $524,907 |
| EBO Percent CTD | 1.00 |
| Status | Completed |
| Apartment Units | 16 |
| Approval Date | 2018-02-13 |
| Expected Completion | 2020 |
| Year Opened | 2021 |
PILOT Details
| Lessee | Flats at Overton Square, LLC |
|---|---|
| Lessee Address | 2320 S Germantown Rd 2nd Floor, Germantown, TN 38138 |
| Term | 9 Years |
| Approval Date | February 13, 2018 |
| Close Date | 1/30/2019 0:00:00 |
| Extension | 0 |
| Term Mos | 108.00 |
| Status From Date | Active |
| Expected Term Date | 1/30/2028 0:00:00 |
| Remaining PILOT Years | 3.34 |
| Pilot Documents | Instrument #2107686 June 9, 2021 - Lease Amendment Instrument #19011894 January 30, 2019 Instrument #19011895 January 30, 2019 |