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About
About The Waverly
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 168-unit The Waverly apartment community located in Horn Lake, DeSoto County, MS. This asset is situated in the rapidly expanding Horn Lake/Southaven area of South Memphis metro. Built in 1995, The Waverly represents a compelling opportunity to acquire a strategically located value-add asset in one of North Mississippi’s strongest-performing submarkets. Recent renovations have demonstrated achievable ~$200 rent premiums, providing a clear path to renovate the remaining units and unlock meaningful NOI growth. Coupled with strong rent trends, proximity to major employment centers, limited new supply, and positioning within the highly desirable Horn Lake/Southaven corridor of the Memphis MSA, The Waverly offers investors the opportunity to drive both near-term operational upside and long-term value appreciation.
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