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California Firm Pays $16.1 Million for Germantown Apartment Complex

DWO Enterprises Affiliate Buys 100-Unit Memphis-Area Multifamily Property
The Garden District Apartments at 6755 Poplar Ave. in Germantown, Tennessee. (CoStar)
The Garden District Apartments at 6755 Poplar Ave. in Germantown, Tennessee. (CoStar)
By Aaron Betts
CoStar Research
June 15, 2022 | 5:18 P.M.

A California-based firm has purchased a 100-unit apartment complex at 6755 Poplar Ave. in Germantown, Tennessee, for $16.1 million, or about $161,000 per unit.

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News | California Firm Pays $16.1 Million for Germantown Apartment Complex