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Updated 1 hour ago

Lakes At Ridgeway


5995 Waterstone Oak Way Memphis, TN

1 - 3 Bed
•
1 - 3 Bath

650 - 1,600 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$750
650 ft2
11 Available
Managed By: Capstone Realty and Management LLC
6024-201
$750
Available Now
View
6026-201
$750
Available Now
View
6034-101
$750
Available Now
View
6020-101
$750
Available Now
View
6024-101
$750
Available Now
View
6032-101
$750
Available Now
View
6114-101
$750
Available Now
View
6104-101
$750
Available Now
View
5936-101
$750
Available Now
View
5911-201
$750
Available Now
View
5940-201
$750
Available Now
View
View Rented Units
1 Bed • 1 Bath
$500
650 ft2
1 Available
Managed By: Broder & Sachse Real Estate Services
1 Bedroom Garden
$500
Available Now
View
View Rented Units
2 Beds • 1 Bath
$850
950 ft2
12 Available
Managed By: Capstone Realty and Management LLC
5948-101
$850
Available: Ask
View
6108-201
$850
Available Now
View
6116-201
$850
Available Now
View
6038-201
$850
Available Now
View
5956-201
$850
Available Now
View
6116-101
$850
Available Now
View
6108-101
$850
Available Now
View
6028-101
$850
Available Now
View
5948-201
$850
Available Now
View
5950-201
$850
Available Now
View
6036-101
$850
Available Now
View
5938-201
$850
Available Now
View
View Rented Units
2 Beds • 1 Bath
$900
980 ft2
1 Available
Managed By: Capstone Realty and Management LLC
Unit 6168
$900
Available Now
View
2 Beds • 1 Bath
$580 - $705
1250 ft2
1 Available
Managed By: Broder & Sachse Real Estate Services
2 Bedroom 1 Bath
$580+
Available Now
View
View More
3 Beds • 3 Bath
$850
1600 ft2
1 Available
Managed By: Broder & Sachse Real Estate Services
3 Bedroom Townhome
$850
Available Now
View
View More
Where you'll live
Street View
Map View
Satellite View
Lakes At Ridgeway
Lakes At Ridgeway
Lakes At Ridgeway
Location ratings
Walk Score®
37
Car-Dependent
Transit Score®
28
Some Transit
Bike Score®
41
Somewhat Bikeable
Amenities
On-site Laundry
Air Conditioning
Refrigerator
Garbage Disposal
Trash Removal Included
Pool
Public Transportation
24-hour Maintenance
Pond
Clubhouse
Online Payments
Smoke-free Community
Online Community Portal
Large Closets
Secured Entry
High-speed Internet
Cable-ready
Central A / C
Heat: Forced Air
Freezer
Microwave
Range / Oven
Balcony, Deck, Patio
Dishwasher
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Parking
Surface Parking
Off-street Parking
Garage - Attached
Lease & Fees
Security Deposit: $250
Property details
Description

Great Apartment!

Additional Details
Total Unit Count: 374
Last Updated: Updated 1 hour ago
Contact Number: (202) 655-4992
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
AT&T Inc. 75.0 20.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Lakes At Ridgeway by bedroom type below.
1 Bedroom
Suggested income:
$27,000
per year
2 Bedroom
Suggested income:
$30,700
per year
Rent report

Lakes At Ridgeway Rent vs. Memphis Average

 Lakes At Ridgeway      Memphis Average
1BR
$750
$1,110
$0
$400
$800
$1,200
$1,600
2BR
$854
$1,198
$0
$400
$800
$1,200
$1,600

Lakes At Ridgeway is asking 32% less than the average 1 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 2 bedroom apartment, you would pay 7% more per month.

If you downsized to an average priced Memphis studio apartment, you would pay 9% less per month.

Lakes At Ridgeway provides 10% less square footage than the average Memphis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Lakes At Ridgeway
1BR $750 $1.20 $2,250
2BR $854 $0.90 $2,562
Memphis Average
Studio $1,016 $2.00 $3,049
1BR $1,110 $1.50 $3,330
2BR $1,198 $1.20 $3,593
3BR $1,377 $1.10 $4,131
4BR $1,715 $1.00 $5,144

Availability in Memphis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,167 2BR units on the market in Memphis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 28% 43% 21% 4%
Available Units in Memphis
Studio 85
1BR 765
2BR 1,167
3BR 576
4BR 119
Location
Nearby College

University of Memphis

Nearby Hospitals
Name Distance
Select Specialty Hospital Memphis 2.86 mi.
Saint Francis Hospital Memphis 2.87 mi.
Methodist Hospital Germantown 3.65 mi.
Nearby Fire Stations
Name Distance
Crossroads Volunteer Fire Department 2.11 mi.
Franklin Township Fire Department 3.69 mi.
Germantown Fire Department 4.07 mi.
FAQs
Is this property currently leasing units?
Yes. There are 24 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 23 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 650 to 980 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $750 to $900. Lakes At Ridgeway has 1 bedroom units available starting at $750 and 2 bedroom units available starting at $850.
Where is this property located?
This property is at 5995 Waterstone Oak Way in Memphis, TN. It's 8.3 miles southeast from the center of Memphis.
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