Thursday, 24 April 2014

7 Tenanted Income Generating Single Family Homes For Sale In Memphis

Something a bit different

Something a bit different for you today…
It’s a special deal on a package of 7 single family homes in Memphis.
These properties are all tenanted and generating 15.40% net income.
Even better, you can get them for 20% below market value.
So you save over US$ 114,000.
And as you’d expect from me…
  • They are all fully renovated
  • They are all tenanted with pre-screened tenants
  • They are all in good neighborhoods tipped for strong capital growth
  • They all come with free Title Insurance
  • They all come with a free 12 month home warranty
  • They all have a 6 month rental guarantee
Here’s the breakdown:

Memphis 7 property package breakdown

The price for the 7 properties is US$ 450,000.
That’s an average of US$ 64,285.71 per property.
But remember that’s over 20% below market value.
So you will make money 3 ways…
  • When you buy
    You save US$ 114,000
  • Whilst you own them
    You earn US$ 69,308.64 net each year
  • And when you sell
    Experts predict Memphis property will increase in value 33% by 2018
But most important, these properties are all in good areas of Memphis.
Places like Hickory Hill, Whitehaven and Parkway Village.
Where there is strong demand for housing and average sale prices are rising.
If you’d like to see full details – just reply to me.
Let’s have a look at the properties.
The first is on Thistlebrook Drive in Hickory Hill…

Thistlebrook Drive in Hickory Hill

It’s a 5 minute walk to Kirby High School and Hickory Ridge Middle School.
The 1,391 sq. ft. house has 3 bedrooms, 2 bathrooms, a living room, and a separate kitchen.
There’s also an 8,400 sq. ft. garden with driveway parking for 2 cars.
It was built in 1980.
And fully renovated in 2013.
Property 2 is on Kirby Road in Hickory Hill…

Kirby Road in Hickory Hill

It is a 5 minute walk to Winchester Court Shopping Center and Kirby Parkway Shopping Center.
The 2,215 sq. ft. house has 4 bedrooms, 2 bathrooms, a guest toilet, a living room and a separate kitchen.
Plus there’s a 10,248 sq. ft. garden and garage for 2 cars.
The house was built in 1970 and fully renovated in 2013.
Number 3 is on Oakland Hills Cove in Hickory Hill…

Oakland Hills Cove in Hickory Hill

It’s a 5 minute walk to The Links at Fox Meadows and Walmart Neighborhood Market.
This 2,000 sq. ft. single family home has 4 bedrooms, 2 bathrooms, a living room and a separate kitchen.
There’s also a 10,890 sq. ft. garden and a garage for 2 cars.
Built in 1972, it was fully renovated in 2013.
Property 4 is on Scottsdale Avenue in Hickory Hill…

Scottsdale Avenue in Hickory Hill

It’s a 5 minute drive to Newbury Elementary School and Emerald Park.
And a 5 minute walk to The Links at Fox Meadows golf course.
The 1,999 sq. ft. property was built in 1971.
And fully renovated in 2013.
It has 4 bedrooms, 2 bathrooms, a living room and a separate kitchen.
There’s also a 10,454 sq. ft. garden and parking for 2 cars.
Number 5 is on Timber Rise Road in Hickory Hill…

Timber Rise Road in Hickory Hill

It’s a 5 minute drive to Kirby Middle School and Germanshire Elementary School.
The 2,224 sq. ft. house has 4 bedrooms, 2 bathrooms, a living room, a separate kitchen and
a 10,089 sq. ft. garden.
It was built in 1984 and fully renovated in 2013.
Property 6 is on Parkrose Road in Whitehaven…

Parkrose Road in Whitehaven

It’s a 5 minute walk to Westwood Elementary and Westwood High School.
The house covers 1,235 sq. ft. with 3 bedrooms, 2 bathrooms, a living room and a separate kitchen.
There’s also a 9,853 sq. ft. garden.
This is the oldest of the 7 properties, built in 1959.
It was fully renovated in 2013.
The last one is on Aquarius Avenue in Parkway Village…

Aquarius Avenue in Parkway Village

It’s handy for employees of IPC, Fedex, Delta Airlines and several other logistics companies as it’s just a few minutes’ drive from their headquarters.
The 1,400 sq. ft. house has 4 bedrooms, 2 bathrooms, 1 living room, a separate kitchen and
a 9,020 sq. ft. garden.
It was built in 1977 and fully renovated in 2013.
To refresh your memory, here are the main points again:
  • Package of 7 single family homes
  • Fully renovated in 2013
  • Package price US$ 450,000
  • Over 20% below market value – you save US$ 114,000
  • 15.40% net rental yield
  • US$ 69,308.64 in your pocket every year
  • Already tenanted with pre-screened tenants
  • Fully managed
  • 12 month home warranty for each property
  • 6 month rental guarantee on each property
  • Free Title Insurance for each property
  • 50% finance available
These properties are producing income right now.
So what are you waiting for?

Direct Buyers only please.

Tony Barnao
wholesalerealhomes@gmail.com