$1,100,000
7311 Peppermill Ln , Memphis, TN 38125
Current Rent **
$10,000+
Projected Rent **
N/A
Portfilio of SFH Class B Memphis, TN
Presented is a Portfolio of 12 SFH located in Memphis, TN. This package includes 11 Class B rentals located in 38125, 38141, and 38115 and 1 Class C rental located in 38109. Currently 100% occupied (As of 5/6/19), most with long term tenants, and with the exception of 4299 Willow Way Memphis, TN 38109 are rented under market value. The owner has self-managed this portfolio due the low maintenance, low turn over, and high rental demand of all the properties within the portfolio.
9.82% Cap rate once rents are increased to market.
Below is an overview of the B Class Properties
38125 Zip Code Profile: Overall Grade B+(High rental values, high owner occupant sales, desired schools, very high demand, low inventory)
7311 Peppermill LN Memphis, TN 38125: Charming 3bed/2bath, 2 Car Garage
38141 Zip Code Profile: Overall Grade B-(Mid-High Rental Values, high owner occupant sales, desired schools, high demand, low inventory) 4 Charming 3bed/2bath SFH located in 38141
6639 Chauncey Dr Memphis,TN 38141: 3bed/2bath
6501 Frosty Leaf Dr Memphis, TN 38141: 3bed/2bath
4295 Moonfall Way Memphis, TN 38141: 3bed/2bath
4299 Willow Way Cv Memphis, TN 38141: 3bed/2bath
38115 Zip Code Profile: Overall Grade B-(Mid-High Rental Values, balance of owner occupant/investment sales, desired schools, high demand)
5 Beautiful SFH located in the highly south after "High Gate Community" A Private, covenant-protected and restricted neighborhood.
3882 Glencoe Dr Memphis, TN 38115 2bed/2bath
3903 Glencoe Dr Memphis, TN 38115 2bed/2bath
3897 Spumante Dr Memphis, TN 38115 2bed/2.1bath
3887 Spumante Dr Memphis,TN 38115 2bed/2bath
3889 Spumante Dr Memphis, TN 38115 2bed/2bath
5750 Winter Tree Dr Memphis, TN 38115 3bed/2bath. Recently leased at market rent.
Class C Property Listed Below:
38109 Zip Code Profile: Overall Zip Code Grade (Medium rental values, turn key target areas)
535 Bonnell Memphis,TN 38109: 3bed/1bath
Location:
7311 Peppermill Ln , Memphis, TN 38125
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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