3400 Hadley Rd, Memphis, TN 38111, USA - Sold
Updated: Oct 25
Single Family - Investment Property

$89,000.00
902 SF I 2 Bedroom I 1 Bath I Built 1946
Executive Summary: We are pleased to present this exclusive off-market opportunity for a turnkey single-family rental property. This asset represents a compelling investment in a property with the potential for value enhancement through light maintenance or rehab. The property's current After Repair Value (ARV) stands at $130,000, and it offers the potential for increased returns by adjusting to market rents or through a strategic resale.
Property Highlights:
Status: Currently Rented
Current Rent: $1,000/month
Market Rents: $1,150/month
ARV: $130,000
Condition: Updated with potential for light maintenance/rehab
Investment Considerations:
Stable Cash Flow: The property is currently rented, guaranteeing an immediate cash flow for potential investors.
Value Add Potential: With light maintenance or rehab, there is the opportunity to raise the rent to market rates, thereby increasing the monthly revenue.
Resale Opportunity: The property's ARV presents a compelling case for potential resale, providing the investor with flexibility in their exit strategy.
Turnkey Condition: The property has been updated, meaning a minimal initial capital outlay for maintenance and repairs, allowing the investor to realize returns more quickly.
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A&R Development & Acquisitions
Eric Brinson, REALTOR and General Contractor
Mobile: 615-987-7897
ericb@andersonandryan.com
www.andersonandryan.com
*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 ericb@andersonandryan.com directly to discuss. This is an off market investment opportunity.