MEMPHIS INVESTMENT PROPERTIES- MERIDIAN PACIFIC PROPERTIES / MEMPHIS
Memphis Investment Properties- Meridian Pacific Properties4919 Barkshire
Memphis TN 38141
Price : $99,900
Status : Active
City : Memphis
Type : Single Family Home
Parking/Garage : Carport 1 car
Bedrooms : 3
Baths : 2
Square Feet : 1483
Year Built : 1987
$995 in monthly rent
10% cash on cash return
20.6% 5 year internal rate of return.
Description:
This single family home is an outstanding Investment featuring a 5 year internal rate of return of 20.6%.
Built in 1987 and completely renovated in 2009, this desirable home is located in Memphis. It features 1,483 sq ft of living space with 3 bedrooms and 2 baths. The home comes complete with central heat and air.
The home will be tenanted prior to close under a one year lease with the tenant paying $995/month and will be managed by an experienced, professional property management team. The tenant pays all utilities.
The property will be completely renovations inside and out including upgrades to:
• Landscaping
• Exterior siding, paint and trim
• Windows
• Roofing
• New light fixtures
• New door hardware, door stops and switch plates, as needed
Property Highlights:
Projected 20.6% 5 year internal rate of return!
1 year rent warranty!
1 year homeowners warranty!
For more information visit https://www.Meridianpacificproperties.com/properties/viewpropertydetail/95
Memphis TN 38141
Price : $99,900
Status : Active
City : Memphis
Type : Single Family Home
Parking/Garage : Carport 1 car
Bedrooms : 3
Baths : 2
Square Feet : 1483
Year Built : 1987
$995 in monthly rent
10% cash on cash return
20.6% 5 year internal rate of return.
Description:
This single family home is an outstanding Investment featuring a 5 year internal rate of return of 20.6%.
Built in 1987 and completely renovated in 2009, this desirable home is located in Memphis. It features 1,483 sq ft of living space with 3 bedrooms and 2 baths. The home comes complete with central heat and air.
The home will be tenanted prior to close under a one year lease with the tenant paying $995/month and will be managed by an experienced, professional property management team. The tenant pays all utilities.
The property will be completely renovations inside and out including upgrades to:
• Landscaping
• Exterior siding, paint and trim
• Windows
• Roofing
• New light fixtures
• New door hardware, door stops and switch plates, as needed
Property Highlights:
Projected 20.6% 5 year internal rate of return!
1 year rent warranty!
1 year homeowners warranty!
For more information visit https://www.Meridianpacificproperties.com/properties/viewpropertydetail/95
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