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This property is offered by the third party who posted it, not by CoreLend. CoreLend Financial is a lender; we do not represent any party to this sale and receive no commission on it. Listing details come from the poster and are not verified by CoreLend. Estimated figures, including any value or spread estimate, are projections rather than guarantees and exclude closing, holding and selling costs. CoreLend Financial lends only for business purposes, on non-owner-occupied investment property, to investors and business entities. We do not offer consumer loans and do not finance owner-occupied homes. Financing is subject to underwriting and approval; nothing here is a commitment to lend, and buying any property listed here is not conditioned on financing it through CoreLend. CoreLend Financial, NMLS #1818623. Equal Housing Lender.

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THE INFORMATION PROVIDED HEREIN IS NOT INTENDED TO REPLACE OR SERVE AS A SUBSTITUTE FOR ANY LEGAL, REAL ESTATE, TAX, OR OTHER PROFESSIONAL ADVICE, CONSULTATION OR SERVICE. THE PROSPECTIVE BUYER SHOULD CONSULT WITH A PROFESSIONAL IN THE RESPECTIVE LEGAL, TAX, ACCOUNTING, REAL ESTATE, OR OTHER PROFESSIONAL AREA BEFORE MAKING ANY DECISIONS OR ENTERING INTO ANY CONTRACTS PERTAINING TO THE PROPERTY OR PROPERTIES DESCRIBED HEREIN.

RentalMemphis

5 Condos (The Hamlets) + 1 Duplex (Binghampton) Package, Memphis, TN 38115

Asking$325,000

Details

6-unit Memphis package: 5 condos in The Hamlets (38115) + 1 duplex at 2567 Oxford Ave (Binghampton, 38112). 14.29% cap rate, NOI $46,440, 66% occupied. Four units tenant-occupied ($740-$855/mo; duplex $1,530/mo total); one condo needs light finish-out (~rent-ready at $850), one turnkey. Opportunity Zone. Listing agent notes buyers will need DSCR financing. Photos and video tours available from the listing agent.

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