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Pontotoc Row Townhouse Apartments

Category: Projects

Pontotoc Row Townhouse Apartments

316 S 3rd St
Memphis, TN

Construction of eighty (80) units of affordable apartments on a 3.8 acre site located in the South CBID. The project will include 20 one-bedroom units, 34 two-bedroom units, and 26 three-bedroom units

Project Cost$5,800,000
DistrictSouth CBID
TypeNew Construction
DeveloperPontotoc Place, LLC
Apartment Units80
Approval Date2000-04-18
Year Opened2001


PILOT Details

LesseePontotoc Place, LLC
Term14 Years
Approval DateApril 18, 2000
Close Date8/25/2000 0:00:00
Term Mos168.00
Status From DateTerminated
Expected Term Date8/25/2014 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #KM6830
August 25, 2000
Instrument #03043464
March 5, 2003 - Amendment to lease