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Posted: Friday, December 8, 2017 9:40 PM

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Dear Investors of Memphis - Wholesalers - Rehabbers - Buy and Holders - Agents - Lets talk about Memphis🔑

DID YOU KNOW?
* Hundreds of Millions of dollars are going into repair, restoration, and even gentrifying the areas of Downtown Memphis and surrounding areas!
* Gentrifying with Bike lanes for example - already happening -
* Stax Records - New Museum - Creating jobs, and attractions
* Huge New Recording Studio and Music offices/Corporate offices for music industry
* The City has been giving hundreds of thousands of dollars up to Millions in grants and loans with great terms as incentives for redevelopment and restoration
* Many Developers are building right now, you will see if you drive around that area
* Many non profits are participating in helping to renovate these neighborhoods - for example - new programs to screen tenants
* 85 acre parcel of land - currently low income houses, will be apart of new development
* St. Jude's recently applied for a $9 billion building permit for expansion which will create over 3000 jobs in this immediate area
* St Jude’s Hospital has actually become a buyer of homes for their staff and patients.
* And so much more! Are you excite yet?

💥This is why we think Memphis is fantastic why we choose to buy and sell here! We strongly recommend you do too! 💥

🏡We own these properties, we are not a wholesalers - we just want to help people get great deals! 💸
We are more than willing to share resources, if you are new to Investing in Memphis -
Need boots on the ground - we got it!
Need ressources - We got it. and are happy to share and inform!
🤝We are all about building relationships. We are happy to talk with you about any of the homes your interested in, if you have any questions we can fill in the gaps. Looking forward to connecting with you!

📥Contact Jennifer
by email only please at jennmills80@gmail.com
please introduce yourself - your name and info and what you are looking for / who you are/ buyer, wholesaler? Rehabber, out of state investor?
I will then send you the property address of what we have left in our inventory and my cell phone number so we can talk directly - we buy and sell all the time, let us know if you would like to be on our list

🏘OFF MAREKT PROPERTIES - ALL VACANT AND NEED REHAB -

📍🏠Property # 1 Uptown / North Memphis
Memphis, TN 38107
2 story Single Family Residence
Character home. Copper roof.
[can also be duplex or triplex]
4 + 2 2418 sq. ft. .25 acre Built 1900
Repair estimate: $26,000 - $70,000 [target under $50,000]
ARV: target $120,000 - 161,500 BUY AT $32,000
Downtown - This is a neighborhood just North of St. Jude's Hospital - short walk.
Prime area - convenient for doctors', nurses' housing, patient's families. St. Jude's is buying "done" housing in this area to use for patient families, etc.
Great rental area for St. Jude's and very near downtown.

Rent: as SFR target $1200 - $1500/mo.
Rent: as duplex target $900/mo + $900/mo = $1800/mo.

[Note: current Neighbor - directly next door to the right - spending $120,000 to improve his property now - says he'll continue to live in it].
[Property directly on the other side of subject property sold for $161,500]. Very helpful.
[Note: St. Jude's recently applied for a $9 billion building permit for expansion which will create over 3000 jobs in this immediate area]

Potential Exit strategies:
Do nothing and resell - target $40,000 - $50,000.
Fix and flip - [or potentially sell to St. Jude's].
Fix and get tenants in - keep for rental income, or
Get tenants in and resell as "turnkey" rental property with income, etc.

Strong resale or rental area - should attract quality tenants or buyers from nearby St. Jude's Hospital
BUY AT $32,000

📍🏠Property #2 - Near Midtown
Memphis 38105
Single family - (could be used as boarding house or duplex )
5 + 1 [per Assessor] 1440 sq. ft. 5780 sq. ft. lot Built 1972
Rentable : target $1200 - $1350 as duplex or $650 to $700 as SFR
Assessed Value: $26,500
currently getting 3 bids, - estimate 16k to turn it in to a duplex
ARV: target $60,000 - $65,000 (actually with the comps I pulled I am showing 80K )
BUY AT $14,000

📍🏠Property #3 Close to Stax Museum - Between Trigg and Glenview
Memphis, TN 38106
4 + 1 Built 1925
1868 sq. ft. .259 acre lot
Brick veneer
Zillow: $60,684
ARV: $55,000 to $65,000 - depending upon level of improvements
BUY at $24,998

📍🏠Property # 4 - East of Midtown - Binghampton
Memphis, TN 38112
3 + 1 1/2 Built 1953
1333 sq. ft [per Assessor ] 7501 sq. ft. lot
Last sold May 1995 at $18,015
Zillow: $47,545
ARV: target $45,000 - $52,000
BUY AT $15,500

📍🏠#5 - Near Trigg / Washington Heights
Memphis, TN 38106
3 + 1 Built 1912
SFR or Duplex
1462 sq. ft. .26 acre lot
Last sold 11/10/08 at $27,000
Zillow: $52,150
ARV: target $50,000
BUY AT $16,500

📍🏠#6 - Near Trigg / Washington Heights
Memphis, TN 38106
6 + 2 [per Assessor] Duplex Built 1920
[ideal for rooming house]
1788 sq. ft. 6564 sq. ft. lot
Brick veneer
Zillow: $58,307
ARV: target $50,000 - $58,000
BUY AT $16,750

📍🏠Property # 7 North East of Frayser
Memphis, TN 38127
3 + 1 Built 1941
1179 sq. ft. .43 acres
Wood frame
Assessor Value: $46,900
Zillow: $46,118
ARV: target $45,000 - $50,000
BUY AT $16,750

• Location: Memphis

• Post ID: 32742847 memphis
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