Alpha Capital Partners, a Pittsburgh-based real estate investor, has acquired Number 10 Main Apartments, a 182,392 square foot mixed-use multifamily property in Memphis’ downtown area.
The 16-story mixed-use building was constructed in 1908 and last renovated in 2001. Alpha plans on upgrading the units with interior renovations and enhancing resident amenities.
Number 10 Main is the seventh acquisition in Alpha’s ARG Fund IV and the company’s seventh Memphis acquisition overall since 2016.
Alpha currently owns more than 30 properties in growth markets across the U.S.