- Nancie Grace
Amazing Turnkey House Transformation
Updated: May 5, 2020
For our turnkey transformation project is a property in Hickory Ridge Riverdale Memphis, TN. Hickory Ridge Riverdale in Memphis has a population of more than 90k. The median value of the houses in this neighborhood is 90k. It is in rank 6th of the neighborhoods in Memphis, TN. The cost of living in this neighborhood is 19% lower than the national average.
This property is over 40 years old when we found it. It has 3 bedrooms, 2 bathrooms, a garage, and approximately 1,117 sq ft floor space. It has a lot size of 4,487 sq ft.
As you can see, the roof of this property has already failed. The lawn of the house needed trimmings. For the interior, as you can see that the interior of the house was already damaged and rotten due to the big holes in the failed roof of this property. You can also see the ventilation pipes hanging in the open ceiling. The wall ceilings already collapsed.
Turnkey House Transformation
The massive undertaking made in the exterior of the house was the roof. Our team changed the whole roofing system of the house as it has already failed. We replaced all damaged and rotten wood, trim and sidings around the house.
We did a lot of undertakings in the interior of the house since it has a lot of damages, from the ceilings to the walls, from the kitchen to the cabinets and from the bedrooms to the bathrooms. New doors were installed on the property. We installed new flooring throughout the house. We installed new countertops, cabinets, new windows, new blinds, new ceiling fans, new lighting fixtures and new lighting and electrical accessories. We also installed a new HVAC with a 10-year warranty.
Memphis, Tennessee, named after the ancient capital of Egypt on the Nile River, as it is located along the Mississippi River. It is known as the mecca of food, home of blues and rock 'n roll and of course, home of the Grizzlies.
But for real estate investors, Memphis, TN is the "city of gold mine". It is considered to
be one of the cities in the United States that is very valuable for real estate investing.
The housing market in Memphis is very affordable compared to other cities in the United Estates. Thus, real estate investors favor cities like Memphis because the home prices are low and they can make profit by either renting out the properties or selling them for a higher price in the future.
See last week's turnkey transformation
Your Home 901 is a property company based in Memphis, Tennessee. We provide Memphis turnkey properties to local and out-of-state real estate investors. If you are going to invest in turnkey properties in Memphis, choose a company that knows the local real estate market of Memphis like Your Home 901.