1. 3766 Mayflower Memphis, TN 38122
This is the Berclair area. Demographic here is blue collar Hispanic families. We have had tremendous success here because this neighborhood is highly desirable. One of the better elementary schools in Memphis is in Berclair. Grahamwood elementary, so vacancies are relatively low in this area. We also own a ton of properties in this area as well. Rent range is anywhere from $800-900.
Purchase Price- $64,900
Renovations- will include a complete gold level renovation. Scope of work will be provided. (This will be a full scale renovation)
2. 4310 Almo Memphis, TN 38118
This is the Parkway Village area and we have sold these homes to several clients who experience great success. This house is already rehabbed and rented for $900 a month.
Purchase Price- $94,900
House has already been renovated and is rented for $900
3.1022 McEvers Memphis, TN 38111
This 4 bedroom 2 bath 2,000 sqft. home is located in the University area. This specific property is far enough from the University that you will have the option to renting to college students of regular families. Sometimes the properties within walking distance to the University only lend themselves to college students but the property gives you that option. With it being 4 bedrooms it will be very attractive to rent to college students on a per room basis as well. Rent range on this house is $950-$1050 (rent range could also go up as high as $1200 if you rent on a per room basis to students)
Purchase Price $92,900
Renovations- Renovations are in process and will be completed shortly.
This house is not on the website yet.
4.1911 Sierra Memphis TN 38128
Raleigh area deal. Stabilized neighborhoods with a majority of renters. Mostly families and properties are easily rented because renter base is high. Rent range is $650-$750.
Purchase Price 67,900
Renovations- Renovations are in process and will be completed shortly.
This house is not on the website yet.
