Memphis portfolio xii v1

Memphis Portfolio XII

SFR Portfolio Opportunity 6 Assets Leased and Performing

Investor Nation| Real Estate Secured Opportunities Investornation.com | 6000 Poplar Ave, Suite 250, Memphis, TN 38119

Executive Summary

Memphis Portfolio XII is a single-family residential portfolio in the Memphis metro area. The portfolio consists of 6 assets purchased and renovated in 2011. The portfolio is 100% leased with the majority of leases expiring in late 2013. Typical lease terms are for 12 months. Average Rent is $1012.50 per Asset Average Age is 1982 with 3 assets newer than 1990 All Assets are a minimum of 3 bedrooms and 2 baths 5 out of 6 Assets are in outer ring areas of Memphis; 1 asset is next to the

University of Memphis Net Operating Income is $52,300 Priced as 10% Cap rate


Purchase Price is $523,000

Asset Features and Pro-forma

All assets are leased and performing

*Addresses provided with executed Letter of Intent and Proof of Funds (see requirements page at the end of this document)


Asset Exteriors


Asset 1

Asset 5

Asset 3

Asset 4

Asset 1

Asset 6

Asset 2

Location – 6 Assets


Terms

Proof of Funds must accompany all Offers and / or Letters of Intent. Financing Offers will be considered. Please provide Financing Engagement

Letter from Bank or Financing Source Property addresses will be provided with an acceptable Letter of Intent and

Proof of Funda. Interior photos, and copies of leases will only be provided with an accepted

Offer Access to properties will provided only during agreed upon due-diligence

period and after earnest money has been committed, as to not disturb tenants


Contact

For further information, please contact: Ryan L. Hinricher 646.833.8265 [email protected]


Documents

Memphis portfolio xii v1