127 Unit Apartment Complex known as Central Lofts
Lot Number: 1
Time Remaining: 39d 6h 28m
Starting Bid:$10,000,000.00
Start Time: 11/26/2025 11:00 AM Central
End Time: 01/13/2026 11:07 AM Central
Bid Count: 0
Location: 300 Hollywood St, Memphis, TN 38104
Central Lofts
300 South Hollywood
Memphis, Tennessee 38104
See the documents tab for detailed market research
· Central Lofts is a newly constructed Class A apartment development located in the heart of Memphis, completed in November 2025
· 127 Units: 79-1 Bedroom/1 Bath 27-Studios 1 Bed/1 Bath 21-2 Bedroom/2 Bath
· Upscale residences with modern, high-end finishes and full sized in-unit washer/dryer
· Landscaped courtyard with fire pits, stunning rooftop patio with views of the stadium, state of the art fitness center and lounge areas
· Just a 7-iron away from Liberty Bowl Stadium and near the University of Memphis
· Museums within walking distance, Cooper Young and Overton Square Entertainment Districts nearby, just minutes from Downtown, Memphis International Airport and I-240
· Granite countertops
· All appliances are in
· All new HVAC
· Controlled access and fenced-in parking with cameras
· Built by Patton & Taylor Enterprises
· Projected annual income $2.5 million. As an investor you need to consider this as a slam dunk built, first class in every way, low maintenance. Location---location—location—its here in the center of it all. Great for longevity investment, this one is in high demand. see Proforma in Documents tab
Upcoming Multi-State Residential, Commercial and Farmland Real Estate Auction - Tuesday, January 13th 2026 at 11:07 CST AM
A Message from the Auctioneer
Hello Potential Bidders, Welcome to one of the most interesting investment opportunities I have held in many years. This one is a classic. It may be the best one for you as well. We are offering a great mix of commercial and industrial properties. Also, a potential development for houses, 160 acres located at HWY 305 and Byhalia Road in Olive Branch, Mississippi. Most of these properties are new construction. For example, the Central Lofts Apartments are just completed, cleaned,ready to show and available to rent or lease. This auction is an Emergency Sale, so act quickly. Please don’t wait until the last hour to bid for this reason: The Seller has the right to accept the highest bid at any time during the process that will meet his needs including prior to the auction date. Let this be your fair warning – you need to make your best offer early. Let me encourage you to make a Pre- Auction offer if you like and it will be considered. These are high income producing properties. Inspection dates for viewing the properties will be scheduled. Also, we have videos of the properties online. Be sure and register to bid. Go to Roebuckauctions.com and click on the on the link to register. Please reach out to John Roebuck at 901-486-0839 if you have any questions or if you want to make a pre-auction bid.
Urgent Notice
Be sure to follow the terms of the auction. (The best surprise is no surprise)In order to bid on the apartments, you will be required to send a $100,000 deposit by wire transfer to the closing attorney’s Escrow Account at least twenty-four hours prior to the auction. A $50,000 deposit is required to bid on the storage unit properties. A deposit is required for each property you are bidding on. If you are not the winning bidder, your deposit will be returned within seventy-two hours after the auction. On the other properties, you must present a letter from your financial institution guaranteeing payment or you must be approved by the Auctioneer prior to the auction. Don’t mess up and forget---that won’t work. This is a live and online simulcast auction. The Auction site is Whispering Woods Hotel and Conference Center, 7300 Hacks Cross Road, Olive Branch, Mississippi, just 5 minutes from the Olive Branch Airport (OLV/KOLV)) if you are flying in. The Metro Airport number is 662-895-2978. Enterprise Rental cars are available at the airport. Hotel rooms are available at Whispering Woods. Call for reservations. Good luck and God bless!