Selling a Mid-South Home Buyers SFH

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Selling a Mid-South Home Buyers SFH

Nic S.Pro Member
Danville. CA · Member since 2017 · 313 posts · 221 votes

I am thinking about selling a MSHB SFH in 38109. Purchased and managed by the great folks at Mid-South Home Buyers. Its in a good area of Memphis.

Asking $155K for a 3/1, 1082 Sq ft renting for $1050/mo. Long term tenants never missed a payment, have been occupying the property since MSHB did their full renovation in 2023. I would sell to 1031 into something else in KCMO.

Would there be any interest in this property?

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  • Real Estate Broker · Kansas City Metro · Member since 2015 · 2k+ posts · 1k+ votes
    9mo

    There is quite a bit of multifamily inventory in KC right now.

  • Jordan RayBusiness Member
    Real Estate Agent · Memphis, TN · Member since 2023 · 642 posts · 337 votes
    9mo
    Quote from @Nic S.:

    I am thinking about selling a MSHB SFH in 38109. Purchased and managed by the great folks at Mid-South Home Buyers. Its in a good area of Memphis.

    Asking $155K for a 3/1, 1082 Sq ft renting for $1050/mo. Long term tenants never missed a payment, have been occupying the property since MSHB did their full renovation in 2023. I would sell to 1031 into something else in KCMO.

    Would there be any interest in this property?


    Hey Nic! I have a buyer that could potentially be interested. Are the tenants month-to-month? Call me at the number in my signature.

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