Description
Prime investment opportunity near the University of Memphis! Built in 2018, this spacious 5-bedroom, 3.5-bathroom home generates $4,500+ in average monthly gross income as a top-performing short-term rental. Property Highlights: Proven Cash Flow: Currently operating as a high-earning Airbnb with an experienced property manager willing to stay on for the new buyer-offering true passive income from day one! Modern Build: Built in 2018 with high ceilings, energy-efficient spray foam insulation, durable finishes, and low maintenance costs. Functional Layout: 5 bedrooms and 3.5 baths provide maximum capacity for short-term guests, groups, or student housing. Expansive Backyard: Massive private yard featuring a gated drive with parking space for multiple vehicles. Location: Minutes from the U of M campus, dining, shopping, and fast access to I-240. Option to negotiate furniture and keep current management in place for a seamless transition. Contact today for details or to schedule a p
Details
| MLS # | 10229635 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2018 |
| Days On Site | 30 |
| Listing Provided By | Elm RE Investment | April Hua |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| Story(s) | 2 |
| Acreage | 0.21 |
| Property View | Wooded |
Interior
| Number Of Rooms | 8 |
|---|---|
| Cooling | Central |
| Heating | Central, Gas |
Exterior
| Lot Description | Wooded |
|---|
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Getwell | Park |
| Subarea | 758B |
| Community Name | SHERWOOD FOREST |
| Listing VS Median (in SHERWOOD FOREST) | |
Price: $349,500 low | high Med: $0 On site: 30 low | high Med: | |
Market Activity 38111
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Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38111 |
| Area | Getwell | Park |
| Subarea | 758B |
| Community Name | SHERWOOD FOREST |
| Listing VS Median (in SHERWOOD FOREST) | |
Price: $349,500 low | high Med: $0 On site: 30 low | high Med: | |
