New Memphis Midtown Condo Conversion

A Massachusetts Investment firm has begun the process of acquiring and developing a Midtown apartment complex for conversions in to quaint 1 and 2-bedroom condos. Peach Properties Real Estate Development LLP of Massachusetts will convert the Watergarden Apartments on Galloway in the historical neighborhood of Evergreen in to upper scale condominium units.

The process will start this spring with the first units available in June of 2007.  They have plans on offering two-bedroom floor plans with a full kitchen and great room area. The specifics have not been nailed down; however the plans are to offer granite counter tops, nice flooring and cabinets and upgraded fixtures and appliances, similar to Downtown Memphis Condo units. 

The Federal Historic Style Building compliments the homes in the historical Midtown area. There are plans for a pool and exercise clubhouse and BBQ/picnic area.  All indications are this will be a highly sought after complex for singles, couples and anyone else desiring a less expensive alternative to downtown condos, or simply want to take advantage of the great location. 

We'll keep you posted on updates to this wonderful opportunity.

• Peach Properties

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