Multifamily Investment Opportunity
Price
$750,000
Exclusive Off-Market Investment Opportunity: 16-Unit Apartment Complex in Memphis, TN
Discover the potential of 910 N Hollywood, Memphis, TN 38108, a promising 16-unit apartment building complex awaiting a visionary investor. Nestled in a key location of Memphis, this property offers the unique chance to capitalize on a value-add opportunity through the completion of renovations and optimizing occupancy at competitive market rents.
Property Highlights:
Location: Situated in a vibrant neighborhood of Memphis, TN, with easy access to local amenities, public transportation, and major thoroughfares, 910 N Hollywood stands as a prime investment in a sought-after area.
Unit Configuration: Each of the 16 units features a spacious 2-bedroom, 1-bathroom layout, ideal for a wide range of tenants, from small families to professionals seeking comfortable living spaces.
Value-Add Potential: Significant upside potential through strategic renovations and repositioning. Enhance the property's appeal and maximize revenue by completing interior and exterior renovations, bringing all units up to modern standards, and achieving full occupancy at market rents.
Investment Opportunity: Priced at $750,000, this property represents a remarkable opportunity for investors looking to expand their portfolio with a project that offers both immediate returns and long-term growth potential.
Sale Terms:
Price: $750,000
Offer Submission: Direct all offers and inquiries to investments@promiselandrealtyllc.com. We invite serious investors to seize this unique opportunity to own a piece of Memphis's residential market.
For further details or to schedule an exclusive viewing, please contact us directly. Don't miss out on this rare investment opportunity to transform and elevate 910 N Hollywood into a thriving residential complex.
Aerial View
"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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