This is a rare opportunity in a fast moving market to acquire the newly renovated Graceland Farms Apartments at an above market cap rate. The property features laminate hardwood flooring to save on the costs associated with carpet, updated kitchens with new appliances, and all new HVAC 410A high seer units. This incredible location is near three schools, Elvis' home - Graceland, Memphis' largest logistics employment center, shopping, and the Interstate 55. The complete renovation offers new black appliances laminate hardwood floors, huge closets and living area, and onsite laundry facility. Kids can walk to three schools to there is no reason for the parents to move minimizing turnover cost! Offered to principals only.
To immediately view the detail property information for this property or ~20 other multifamily listings go to www.WoodyardRealty.com. Summereast property features 1 & 2 bedroom apartments from 670 to 946 square feet. Our two bedroom units have two full baths. All units have disposals, dishwashers and large walk in closets. Summereast features a swimming pool with a large deck and updated laundry facilities. Note to buyer's agents, no co-broker fee is available on this offering.
To immediately view the detail property information for this property or ~20 other multifamily listings go to www.WoodyardRealty.com. Motivated Seller! NEW Class A available for 8 CAP! 28 apartment units and 970 SF of GF space that could be used for office, executive suites, or retail. Interior finishes: new cabinets, granite counter tops, SS appliances, laminate or stained concrete flooring; $80/mo underground covered parking (18 spaces)
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.
This duplex was built in 1973 and each unit has 2 bedrooms and 1.5 baths. Each unit has been recently rehabbed, with market rents at $500 per unit.
Renovated Duplex (2004), New Kitchen, Refinished Hardwood Floors, New HVAC, New Electrical Wiring, Separate Utilities for Each Unit. Easily Converted to Single Family Residence or Leave Existing Tenant to help offset Mortgage Payment. Unit #1 Downstairs: 1 Bedroom, 1 Bath (1008 Sq Ft) Formal Living & Dining Room, Kitchen with all appliances & New Cabinets, Built In BookShelves, Full Basement Unit #2 Upstairs: 2 Bedroom, 1 Bath (956 Sq Ft) Huge Bedrooms with Walk In Closets, Large Living Room & Dining Room, New Kitchen with Appliances and Stacked Washer/Dryer.
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
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.
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.
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.