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2926 Mimosa Ave. Memphis, TN 38112, USA - Available Opportunity

Single Family Investment Property


Property Overview: This off-market offering presents a unique opportunity to acquire a single-family residence ripe for investment and enhancement. Located in a stable rental market, this property offers promising potential for both rental income and value appreciation through strategic repairs and updates.

Property Details:

  • Size: 1332 SF

  • Bedrooms: 3

  • Bathrooms: 1

  • Year Built: 1950

Rental Details:

  • Market Rent: $1050/month

Property Highlights:

  • Status: Vacant

  • ARV (After Repair Value): $158,000

  • Condition: Needs Repair

  1. Value-Add Opportunity: The current need for repairs allows for a significant upside potential through property improvement.

  2. Attractive ARV: The After Repair Value of $158,000 suggests a substantial margin for refurbishment costs and investment returns.

  3. Rental Market Potential: With market rents standing at $1,050/month, the property promises a steady income post-renovation.

  4. Strategic Location: The residence is situated in an established neighborhood, which enhances its appeal to potential renters or buyers post-repair.

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Rental Comps

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A&R Development & Acquisitions

Eric Brinson, REALTOR and General Contractor

Mobile: 615-987-7897

*Note* You DO NOT have permission to market this property in anyway to anyone on any social media platforms, email, or direct to someone you know. You DO NOT have permission to mark up the property for your profit. If you know someone who may want to invest with us on this property contact directly to discuss. This is an off market investment opportunity.

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