In 2013 and 2014, property has been under clean up and some improvements. Property features laundry room on-site, plank wood laminate flooring in living rooms, carpet in bedrooms, tile in bathrooms, central A/C, gas heat, and mini-blinds. Note to buyer's agents: buyer must pay buyer's agent fee.
Owner considering all offers. 10.6% cap rate on actual 2013 performance. Very spacious & highly sought after town home floor plans with a great location.
This package consists of 3 duplexes that can be sold a a group or individually. The package consists of 1235-37 Meda, 1248-50 Meda, 2315-17 Longstreet. The properties have produced stable income over the last 3 years and the management team is happy to remain in place.
This package consists of 3 duplexes that are to be sold together. Package consists of 1022-24 University, 3621-23 Allandale, 3523-25 Vanuys. Very stable income producers with solid profit/loss statement over the last 3 years. Property management has been consistant over this period and they are happy to remain in place. Listing agent will have all actual and up to date property financials and specifics.
Offered at half its Wholesale Value. This is a single family Solid Brick Home. It has 3 bedroom. This was a recent U.S Bank foreclosure. Available for sale at a fraction of its value. Home is located at 1091 Leath St Memphis TN 38107. Built in 1929. All wholesale assets are sold as is where is of course. Property is vacant and will need interior rehab. This is a very recent Foreclosures.
Package Deal. All rented/occupied. Seller willing to finance part of package with at least $400,000 down payment 10 year note with a 5 year balloon. Please contact us for more details regarding this package. Property Management is not an issue and this puppy is the mother of all cashflow machines so sit back, relax and enjoy the passive income. 21 house package in Memphis,TN.
14 large completely remodeled condo's in a gated community. Beautiful building and pool area. Each home is large 2-3 bedrooms with 2.5 bath in each. 1200-1500 sq feet with Granite counter tops and stainless steel appliances and bamboo and ceramic tile floors. These can be sold off individually. In the meantime as a rental property there has been awaiting list for a year to get in. Check out
1 BD, 1 BA. Each unit is 1,100 sq ft. Building 4,400 sq ft. Heat pump heating and air individual for each. Rheem Marathon 50-gallon hot water tank in each unit. Separate laundry room. Tile and hardwood flooring. Energy efficient. Online security camera system, exterior mounted. Off-street parking. Total rehab 6 years ago. New electric. New plumbing. Crawl space is sealed. Small basement has sump pump installed. Fully occupied with a waiting list. Great value for size and proximity to major activity areas. The Cinderella property on the street. 3 units x $800, 1 unit x $750.Upstairs units have balcony. Rehab objective achieved for low maintenance. Property management in place with 6-year history.
Package of GREAT single family homes at a 10 CAP RATE. One owner for all homes. Many times, you see packages of homes with a few nice homes and then lots of low end properties that beef up the cap rate and gross rent multiplier. This package contains homes that are in better areas, highter rents, and potential for more upside in the future. Many of these homes are in areas that we would consider for tenants or retails sales. All homes are either newly renovated, renovations underway, or just about to begin. Great opportunity to pick up a package of nice homes in Memphis to add to or start your portfolio.