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3863 N Trezevant St, Memphis, TN 38127, USA - Sold

Updated: Dec 5, 2023

Single Family - Investment Property


$78,500.00


1142 SF I 3 Bedroom I 1.5 Bath I Built 1968


We are privileged to present an exclusive off-market opportunity for a single-family property with significant potential for value appreciation. This asset is ideal for investors who are looking to rehabilitate properties and capitalize on the resulting increase in equity and rental income. With an After Repair Value (ARV) of $135,000 and potential market rents of $1,000/month post-rehab, this property presents an enticing proposition for the discerning investor.

Property Highlights:

  • Status: Vacant

  • Potential Market Rent: $1,100/month

  • ARV: $135,000

  • Condition: Good, in need of light rehab

Investment Considerations:

  1. Rehabilitation Potential: The property is in good condition, offering the investor an opportunity to make minor repairs and upgrades, thus adding significant value.

  2. Value Add Potential: Post-rehab, there's a possibility to rent out the property at market rates, ensuring steady and increased monthly revenue.

  3. Equity Creation: With an ARV of $135,000, the rehabilitation could lead to considerable equity creation, providing a substantial upside potential.

  4. Strategic Positioning: Being vacant, the property offers flexibility for immediate commencement of rehab work, ensuring quick turnaround and realization of potential returns.


For Sale Comps



Download Comps Below

CRS Comparables for 3863 N TREZEVANT ST
.pdf
Download PDF • 537KB


Rental Comps


Click Below For Rent Comps

20231024-Rentometer-3863_N_Trezevant_St_Memphis_TN_38127_USA-3-bed-kUDxUXhOM3c
.csv
Download CSV • 844B

Photos











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.

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