Apartment Renovation Planned Near U of M

650 Minor St. COURTESY: AUSTIN MAGRUDER

An apartment complex near the University of Memphis was recently bought, and the new owners are ready to remodel.

Austin Magruder, along with his father, Pat Magruder, and other members of their family, recently purchased a 22-unit apartment building at 650 Minor St. near Spottswood Avenue. The building was bought through Joshua Spotts of Crye-Leike Realtors.

The apartment complex will now be coined Tiger Flats.

Built in 1966, the building will be renovated with updates to the exterior, a reconfiguration of the living spaces and updates to furnishings and appliances.

Of the 22 units, 18 will be two-bedroom apartments; the other four units will be one-bedroom apartments. The renovations are expected to be finished fall 2016.

Austin Magruder, a recent graduate of the Fay Jones School of Architecture at the University of Arkansas, is a third-generation architect turned developer. Pat Magruder is the president of PKM Architects.