Single Family Investment Opportunity
7 Bedroom I 10 Bath I Built 2008
Remarkable real estate investment opportunity that promises substantial returns. By taking advantage of this opportunity, you can secure a handsome profit while investing in a property located in one of Memphis' most prestigious gated communities.
Property Overview: The property in question is a stunning primary residence located in the Enclave at Sparkle Creek, an esteemed community known for its luxury estates. Boasting an impressive 12,000 plus square feet, this extravagant home was meticulously designed by the renowned LRK Architects and skillfully constructed by Hank Hill. The attention to detail and quality craftsmanship of this residence is evident throughout every inch of its grandeur.
Financial Snapshot: To proceed with this investment, an initial capital injection of $60,000 is required. However, that investment will yield remarkable returns. Once the current land contract is closed within the next 60 days, an equity line of credit for $800,000 will be put in place immediately, ensuring the availability of funds. As a result, upon closing, you will receive a substantial return of $120,000.
Property Valuation: Rest assured that this investment opportunity is backed by a solid financial foundation. The property has recently been appraised for a staggering $4.3 million, which underscores its exceptional value. This valuation indicates the enormous potential for appreciation, allowing you to capitalize on the ever-growing real estate market in Memphis.
Additional Security Measures: Understanding the importance of security and peace of mind in any investment, we offer an additional assurance to protect your interests. As a potential investor, you will have the option to place a lien or claim of interest on the property, safeguarding your investment and ensuring timely repayment within the agreed-upon timeframe. This added layer of security further strengthens the viability of this opportunity.
Seize the Opportunity: With the perfect blend of luxury, prestige, and financial viability, this real estate investment opportunity in the Enclave at Sparkle Creek is not one to be missed. Memphis continues to experience a thriving real estate market, and this property's impressive valuation and potential for future growth make it an investment that can yield substantial profits.
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"Your #1 Source for Off Market Investment Properties, NATIONWIDE"
PROMISE LAND REALTY, LLC
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*