Pending

Listed by Sherry Roberts from Advantage Property Management

Source: Memphis Area Association of Realtors® #10226741

196 Appleville Cove, Memphis, TN, 38109

$65,000

4
1
1386 sq. ft.
0.17 ac.

SingleFam

6 days on the market

What's around 196 Appleville Cove

About this property

This property is a prime candidate for a delayed BRRRR strategy. Acquire this asset at an aggressive price point and capitalize on the built-in equity. With a total project basis of $110,000 and an ARV of $155,000, this deal provides an estimated $45,000 in forced appreciation once the renovation is complete. Benefit from consistent, low-maintenance income while you finalize your renovation plans. This asset allows you to hold for cash flow today and pivot to a high-equity exit or refinance strategy in early 2027, right as we enter peak rental season.

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