🏠 Assignment Opportunity – 1537 Boxwood St, Memphis, TN 38108 (Single Family Home)
Assignment Price: $75,000 + CC
Estimated ARV: $110,000
Exit Strategy: Rental or Flip
💰 Rental Potential
- Projected Rent: $1,050/month (post-renovation)
📍 Property Details
- Address: 1537 Boxwood St, Memphis, TN 38108
- Type: Single Family Home
- Year Built: 1970
- Square Footage (Building): 1,100 sq ft
- Square Footage (Land): 4,800 sq ft
- Beds / Baths: 3 Bed / 1 Bath
- Occupancy: Vacant
- Parking: Other
🛠 Rehab Overview
Scope:
- Minimal to no rehab needed per seller
- Rent-ready condition
Big Six (per current info):
- Roof: New (installed ~2 years ago)
- Foundation: No known issues
- HVAC: New (installed ~2 years ago)
- Electrical: New (installed ~2 years ago)
- Plumbing: No known issues
- Hot Water Heater: No known issues
📝 Property Notes
- Recently updated with new roof, electrical, and HVAC system (about 2 years old)
- Clean interior with nice finishes
- Strong rental potential in this area
🏡 ARV Comparables
- 2152 Clarksdale Ave – $112,000 | Flipped | 3/2 | +100 sq ft | Fully updated | 222 DOM
- 1366 Austin – $100,000 | Rental grade flip | 4/1 | Older home | 239 DOM
- 2250 Stovall Ave – $101,286 | Flipped | 3/2 | 1954 build | Fully updated | Fenced yard
📞 TEXT OR CALL BEVANS LLC FOR A SHOWING TODAY: (512) 713-0085
Property Sold As Is | EMD OF $2,500
DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
