Carolina Ave at Tennesse Street, Downtown Memphis
Open Daily: 8:00 am - 5:00 pm
Questions & Answers
Where is the Carolina Terrace located?
We are prominently situated in the "South End" of downtown Memphis, offering residents the unique blend of downtown vibrancy and the tranquility of a residential enclave.
How many homes are available in the subdivision?
The subdivision proudly hosts 12 single-family homes, each designed with meticulous attention to detail and comfort.
What are the sizes of the homes?
Our homes cater to a range of preferences. Our 3-bedroom plans are 1500 square feet, while the more expansive 4-bedroom plans range from 2800 to 3000 square feet.
Do you have different floorplans?
Yes! We boast three distinct floorplans:
1. An efficiently designed 3-bedroom layout.
2. A spacious 4-bedroom blueprint.
3. A unique 4-bedroom design featuring a 4th-floor roof deck complete with an outdoor kitchen.
What features do the homes have?
All homes come with high-end stainless steel appliances, including a microwave drawer and wine cooler. Additionally, residents will enjoy outdoor balconies, back gardens, and for select homes, 4th-floor rooftop kitchens.
Is there a homeowners association (HOA)?
Yes, the subdivision has a homeowners association that ensures the community maintains its high standards and provides various services to its residents.
What services are covered by the HOA fee?
The HOA fee covers full services, which include landscaping, general maintenance, and trash pickup. This ensures that our community remains clean, well-maintained, and beautiful for all residents.
How much is the monthly HOA fee?
The estimated monthly HOA fee is $250 per month. However, it's essential to note that the actual amount may vary based on the services utilized and other community factors.
Who handles property maintenance and repairs?
The homeowners association, funded by the monthly fee, oversees general maintenance and landscaping for communal areas. For specific in-home repairs, residents can contact our dedicated maintenance team to assist them promptly.
Is the subdivision secure?
Absolutely! Our subdivision prioritizes the safety and security of its residents. It is a gated community, equipped with both fob and keypad access systems, ensuring restricted and secure entry for residents and authorized guests.
Who has access to the keypad codes and fobs?
Only residents and select personnel essential for the community's operation have access to keypad codes and fobs. Periodic audits and updates ensure the access remains secure and exclusive.
Are there security personnel or surveillance systems in place?
While our gated system with fob and keypad access provides a primary layer of security, we also employ surveillance systems at key points within the community to enhance safety and monitor community areas.
What should I do if I lose my fob or forget the keypad code?
If you lose your fob or forget the keypad code, please contact the homeowners association or management immediately. They will guide you through the process of obtaining a replacement or resetting the code, ensuring your continued secure access to the community.
Which homes are available for purchase?
Please see our homes list for an up-to-date inventory list.
How much do the homes cost?
The homes range in price from $530,000 to $720,000, depending on the plan and specific features.
Are the homes available for rent?
Yes, homes that are not already sold are available for rent. Please click here to see our available rental inventory.
What about lease options if I am not ready to buy quite yet?
Absolutely, we offer lease options for those who might not be ready to make a purchase immediately. Please click here for more information on our lease option program.
Are the homes available for purchase?
Yes, we are listing the homes both for sale and for rent.
How can I buy a home?
To begin the acquisition process, simply contact our sales team, and our dedicated members will guide you every step of the way.
Can I rent temporarily and eventually buy?
Yes, we understand that flexibility is key for many of our potential residents. Please refer to our information page detailing our rent-to-own or lease purchase options.
