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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 NameFlats at Overton Square
Project Cost$2,080,820
DistrictOutside CBID
TypeNew Construction
DeveloperPMT Investments (Aaron Petree, Cliff McLemore, Ed Thomas III)
SF Developed11,000
Total MWBE$524,907
EBO Percent CTD1.00
Apartment Units16
Approval Date2018-02-13
Expected Completion2020
Year Opened2021


PILOT Details

LesseeFlats at Overton Square, LLC
Lessee Address2320 S Germantown Rd 2nd Floor, Germantown, TN 38138
Term9 Years
Approval DateFebruary 13, 2018
Close Date1/30/2019 0:00:00
Term Mos108.00
Status From DateActive
Expected Term Date1/30/2028 0:00:00
Remaining PILOT Years4.35
Pilot Documents
Instrument #2107686
June 9, 2021 - Lease Amendment
Instrument #19011895
January 30, 2019
Instrument #19011894
January 30, 2019