Racquet Club property sold for almost $9M
The property consists of four parcels with 12.3 total acres. (Patrick Lantrip/The Daily Memphian file)
The Racquet Club property in East Memphis has new owners — and possibly a new future.
Two entities, Memphis Racquet Club Holdings and Victory Drive Investors, have bought the property at 5111 Sanderlin Ave. for $8.7 million.
The property consists of four parcels with 12.3 total acres.
This is an excerpt of this story. To read more, please click here and subscribe.
Topics
Racquet Club Tyrone Burroughs First Choice Subscriber OnlyThank you for reading The Daily Memphian. Your support is critical.
Did you know we are a 501(c)3 nonprofit news organization? We rely on a mix of revenue from subscriptions (50%), advertising, events and other earned income (25%) and fundraising (25%).
Please consider making a fully tax-deductible donation or other contribution to The Daily Memphian today.
👉🏽 Your subscription pays for you to read all our journalism.
👉🏽 Your donation powers the work we do to reach everyone else with the news.
We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now.
Andy Ashby
Andy Ashby covers commercial real estate and economic development. He has worked locally at the Germantown News, the DeSoto County Tribune, the Daily News and the Memphis Business Journal. He graduated from the University of Tennessee, where he photographed the 1998 National Championship game. Email tips or story ideas to aashby@dailymemphian.com
Comments
Want to comment on our stories? If you’re a subscriber, scroll down to the comments. If you’re not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.