This week’s Transformation Tuesday comes from Memphis, Tennessee! This single-family property was bursting with potential; from its spacious living corridors to its hardwood floors, the foundation of this home had many outstanding qualities. However, it required a serious overhaul in order to make it truly shine. To see how our expert team of contractors transformed this property, check out the before and after pictures below!
Maximizing a budget of $52,000, our team renovated this house into rent-ready conditions. On the outside, we installed a new roof, paved a fresh new driveway, and took care of any damage along the exterior of the home. Next, we took out the outdated wallpaper, refinished the gorgeous hardwood floors, and modernized the home from top to bottom with new hardware and appliances. The results are a like-new home ready for new residents.
The Memphis turnkey real estate market is one we know well. As the birthplace of REI Nation, the city showed many of the qualities we look for today in markets when it comes to investing. With its high rental population paired with it low cost of doing business, the Bluff City is a solid contender for those looking to begin or expand their portfolio.
Related Article: The Memphis Market Strikes the Right Chord for Real Estate Investors
About this Transformation:
The owner of this Turnkey Transformation is located in Texas; they have two properties that they have invested in and had managed by us. Here is additional info about the home:
- Built in 1968
- 1,479 sq. ft.
- Lot size of .26 acres
- 4 bedrooms, 2 bathrooms
- Installed New Roof
- Installed New AC
- Installed New Furnace
- Installed New Water Heater
- Installed New Dishwasher
- Installed New Blinds Throughout
- Installed New Light Fixtures
- Installed New Hardware on Cabinets
- Installed New Countertops
- Installed New Carpet
- Refurnished all Hardwoods
- Replaced all damaged/rotten wood/trim/siding around house
- Painted all walls, trims, doors, closets, ceilings, and cabinets
- HVAC, Electrical and Plumbing inspected and repaired by a Licensed Professional
Let REI Nation transform your financial future!