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Varia US Properties Buys Memphis Apartment Complex

Hyde Capital Sells Lynnfield Place for $34.6 Million
Lynnfield Place at 5900 Cedar Forrest Drive was completed in 1973. (CoStar)
Lynnfield Place at 5900 Cedar Forrest Drive was completed in 1973. (CoStar)
By Clifford Gudiel
August 19, 2019 | 3:16 P.M.

Varia US Properties purchased the 400-unit Lynnfield Place apartment complex in Memphis, Tennessee, from New York-based Hyde Capital for $34.55 million, or about $86,000 per unit.

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