03/04/2018
I am in the process of buying both of these homes below but we wanted to give you a head start in case you or one of your buyers wanted to buy either one or both. We know the money is all about location when it comes to renting so I can't begin to tell you how you can make $4000+ a month per property if you rent them via AirBnB. If you didn't know, Cooper Young/Midtown is booming and there are not many hotels in the area, making this a high profit AirBnB with bars and restaurants literally a walking distance around the corner! These homes have the potential to make $150-250 DAILY(see pics attached). By the month, rent would bring in a potential $3350-4100 monthly.I love working with Investors, Realtors and Cash buyers! Pass this along!
Address : 2087 Evelyn Avenue, Memphis,TN 38104
Bed/Bath: 3 bed 2 bath
Details: Vacant! tenant just moved out. Great location! Carport in the back, central hvac, rent ready for most part
Offer Price: $175,000
After Repair Value: $260,000+
Repair cost: $25,000 for retail flip
Repair details: Needs new paint, refinish hardwoods, wood repairs on exterior, bath and kitchen remodel, minor landscaping.
Access to the property: Call Emmanuel (901)483-7026 .
Rent: $1600-1800+
AirBnB Daily: $150-250
Pictures:https://www.dropbox.com/…/6prkcl…/AAAmfzktCuBQh0UXNIKMippra…
$60,000+ Profit Potential for a flip, highly desired rental or a great AirBnB CASH COW!
Address : 2086 Evelyn Avenue, Memphis,TN 38104
Bed/Bath: 3* bed 1.5 bath
*Details: Currently occupied but availabe for showing with a days notice. *Upstairs was started but never finished(permit stickers that passed ispection are there), 2 additional rooms upstairs, and office!! +*~900square ft, central hvac, metal siding and roof!
Offer Price: $190,000
After Repair Value: $285,000-$320,000+*
Repair cost: $30,000 for retail flip
Repair details: Needs new paint, refinish hardwoods, wood repairs on exterior, bath and kitchen remodel, minor landscaping.
Pictures; https://www.dropbox.com/…/zkpg75…/AAAYYMlsNDZ2ky0BCYkCmmjka…
Access to the property: Call Emmanuel (901)483-7026
Rent: $1700-2200*+
AirBnB Daily: $150-250
$70,000+ Profit Potential for a flip, highly desired rental or a great AirBnB CASH COW!
Utilities are on for both homes for easy transfer upon purchase, both are rentable with less than $10k each but for higher return I would do retail rehab for higer profit.
Potetial TOTAL = $130K+ flip, $4,100 monthly rent, $8,000+ AirBnB monthly...interested now? Who doesn't like 25-30% ROI?
COMPS:
2093 Evelyn Ave $290,000 sold on 7/17
2069 Evelyn Ave $255,000 sold on 4/17
Plus numerous currently on market/comp for over $300k within a half mile radius
We also own 2090 and 2092 Evelyn, fully updated and renting for $1650/1900, make us move for the right turnkey price ;)! We specialize in investment deals for investors and hope to work with you!
Respecfully,
Emmanuel Bernal,
901 Buys
9014837026