| 4 bedrooms 2 baths (garage was converted to a bedroom) 2024 Sqft Built 1979 If you are a turnkey company, this will be a great property to rehab and sell as turnkey as it's strong rental area with many strong comparable sales. If you want to buy and hold and add this property to your rental portfolio, you will get a property with 20-30k equity that will generate nice cash flow. Property needs 15-20k in repairs (I'm not a contractor). Check out the pictures and video links below to get a better understanding of the condition of the property.
Rent Range: $995-$1025 After Repair Value: 85-95k Memphis Invest Comps 99-105k Comparable Sales: - 4503 Hollow Valley Cv, Memphis, TN 38141 3 beds 2.5 baths 1,718 sqft $96,900 Sold on 10/06/15- 6027 Tall Willow Dr, Memphis, TN 38141 3 beds 2 baths 1,835 sqft $102,900 sold on 11/06/2015 - 4507 Sandy Park Dr, Memphis, TN 38141 3 beds 2 baths 1,341 sqft $104,000 Sold on 07/29/15 - 6353 STONE PARK CV 3 beds 2.5 baths 2186 sqft $104,9000 sold on 9/24/2015 - 6351 TRILLIUM TRL 3 beds 2 baths 1486 sqft $99,900 sold on 08/26/2015 - 6303 Golden Park Dr, Memphis, TN 38141 3 beds 2 baths 2,018 sqft sold for 92.9k 06/12/2015 - 4518 Country Brook Dr, Memphis, TN 38141 3 beds 2 baths 1,200 sqft $90,900 Sold on 09/29/15 - 4354 Cranbury Park Cv, Memphis, TN 38141 3 beds 2 baths 1,592 sqft $89,000 Sold on 11/02/15 Access: Please call (901) 602-7874 or email to [email protected] Note: You can close on this ASAP. It shows pending on the MLS because we are the winning bidders *All properties Subject to errors, omissions, deletions, additions, cancellation. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller. |
