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All Forum Posts by: Lynne Locklin

Lynne Locklin has started 28 posts and replied 42 times.

Post: MEMPHIS, TN – ALL OFF-MARKET – 18.4% CAP RATE

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

Package of 5 Single Family Rental Homes
All Class C Properties throughout the Memphis area
100% Occupancy with Professional Management in place
Price Range is $30,000 to $38,000 per property
Can be sold as One-Offs or Smaller Increments
Package Asking Price is $161,000 with $29,572 NOI

Please email: [email protected] or call 702-609-9277

Post: MEMPHIS, TN – 10 OFF-MARKET RENTALS – GREAT CASH FLOW

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

Package of 10 Single Family Rental Homes
Class B and C Properties throughout the Memphis area
100% Occupancy with Professional Management in place
Price Range is $28,000 to $88,000 per property
Can be sold as One-Offs or in Smaller Increments
Package Asking Price is $583,000 with a 14.4% Cap Rate

All Prices are Negotiable

Please email: [email protected] or text 702-606-3816

Post: MEMPHIS – 2 BRAND NEW PACKAGES OFF-MARKET-CASH-FLOWING –19 SFRs

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

JUST RELEASED – – MEMPHIS, TN – – 2 BRAND NEW PACKAGES OFF-MARKET – – CASH-FLOWING – – 19 TOTAL SINGLE FAMILY RENTAL HOMES

Class B and C Rental Properties throughout the Memphis area 100% Occupancy with Professional Management currently in place
Price range is $28,000 to $91,500 per property
Owner/Sellers prefer Increments of 5+ Properties together – But, Can Be Sold As One-Offs 

#1 Package (9 Properties) – Asking Price is $698,500 with a 10.4% Cap Rate
#2 Package (10 Properties) – Asking Price is $583,000 with a 14.4% Cap Rate

All Prices are Negotiable – Both Owner/Sellers Motivated
Contracted with Owners / No Fees to Buyers
Principles or Direct Representatives Only

Please email: [email protected] or call 702-609-9277

Click here to view our full “Current Available Inventory”

Post: Out of State Investing: Memphis

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

Hello Derek,

I am a  broker who has been working in the Memphis area with rental property for over 5 years.  I know many of the owner/sellers in town & sell a lot of property for them to my clients.  Maybe I can answer your questions & help you with understanding the Memphis market.  Please let me know if I can help.

Lynne Locklin

Post: BRAND NEW PACKAGE 14 OFF-MARKET CASH FLOWING RENTAL HOMES MEMPHIS

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

JUST RELEASED – – BRAND NEW PACKAGE – – MEMPHIS, TN
14 – – OFF-MARKET – – CASH-FLOWING – – SINGLE FAMILY RENTAL HOMES

Class B and C Rental Properties throughout the Memphis area. 

100% Occupancy with Professional Management currently in place.
Price range is $32,000 to $100,000 per property.
Can be sold as One-Offs – Owner prefers Increments of 5+ Properties together.
Package Asking Price is $444,000 with a 12.5% Cap Rate.

All Prices are Negotiable
Contracted with Owner / No Fees to Buyer
Principles or Direct Licensed Agents Only

Please email: [email protected] or call 702-609-9277

Other packages available in Memphis & other cities – please see website: http://www.homesweethomeinvestments.com/inventory.html

Post: BRAND NEW PACKAGE 17+ OFF-MARKET HIGH INCOME RENTAL HOMES MEMPHIS

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

MEMPHIS, TN – – BRAND NEW PACKAGE – – JUST RELEASED

17+ – – OFF-MARKET – – CASH-FLOWING – – HIGH INCOME – – RENTAL HOMES

17 Class B and C Properties throughout the Memphis area - 11 SFR and 6 Duplexes. 100% Occupancy with Professional Management currently in place.
Price range is $64,000 to $269,000 per property.
Can be sold in increments of 5+ Properties together.
Package Asking Price is $2,095,000 with a 9.1% Cap Rate.

18th property is a 5-Plex being Rehabbed now
4 – 1/1’s and 1– 2/1 with $3,705 Potential Monthly Rent
Asking Price is $385,000 with a 9.8 Cap Rate.

All Prices are Negotiable
Contracted with Owner / No Fees to Buyer
Principles or Direct Licensed Agents Only

Please email: [email protected] or call 702-609-9277

Post: PACKAGE OF 5” OFF-MARKET & CASH-FLOWING SFR HOMES MEMPHIS!

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

MEMPHIS – – “PACKAGE OF 5” OFF-MARKET & CASH-FLOWING 

SINGLE FAMILY RENTAL HOMES FROM VERY MOTIVATED OWNER

Class C properties throughout the Memphis area – 4 are rehabbed and leased.
Owner will rehab 5th property for new buyer prior to close of escrow.
80% Occupancy with Professional Management currently in place.
Package Asking Price is $184,700 with a 17.4% Cap Rate.


Price is Negotiable
Contracted with Owner / No Fees to Buyer
Principles or Direct Representatives Only

Please email: [email protected] or call 702-609-9277

Other packages available in Memphis & other cities – please see website http://www.homesweethomeinvestments.com/inventory.html

Post: 19+ “OFF-MARKET – CASH-FLOWING” SFR HOMES FROM MOTIVATED OWNER!

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

MEMPHIS – – 19+ “OFF-MARKET – CASH-FLOWING”
SINGLE FAMILY RENTAL HOMES FROM VERY MOTIVATED OWNER

Class C properties throughout the Memphis area – most are rehabbed and leased. 75% Occupancy with Professional Management currently in place.
Price range is $25,000 to $70,000 per property. Can be sold as one-offs.
Package Asking Price is $744,400 with a 15.2% Cap Rate.

20th property is a Duplex (2/1 each – $800 per month) needing full Rehab
Priced at $15,000.
All Prices are Negotiable
Contracted with Owner / No Fees to Buyer
Principles or Direct Representatives Only

Please email: [email protected] or call 702-609-9277

Other packages available in Memphis & other cities – please see website http://www.homesweethomeinvestments.com/inventory....

Post: PACKAGE OF 5” OFF-MARKET & CASH-FLOWING SFR HOMES MEMPHIS!

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

MEMPHIS – – “PACKAGE OF 5” OFF-MARKET & CASH-FLOWING 

SINGLE FAMILY RENTAL HOMES FROM VERY MOTIVATED OWNER

Class C properties throughout the Memphis area – 4 are rehabbed and leased.
Owner will rehab 5th property for new buyer prior to close of escrow.
80% Occupancy with Professional Management currently in place.
Package Asking Price is $184,700 with a 17.4% Cap Rate.

Price is Negotiable
Contracted with Owner / No Fees to Buyer
Principles or Direct Representatives Only

Please email: [email protected] or call 702-609-9277

Other packages available in Memphis & other cities – please see website http://www.homesweethomeinvestments.com/inventory....

Post: “PACKAGE OF 5” OFF-MARKET & CASH-FLOWING SFR in MEMPHIS

Lynne LocklinPosted
  • Real Estate Broker
  • Las Vegas, NV
  • Posts 44
  • Votes 9

@Rafael Kyle Thank you - much appreciated!