asbury offering

  • 2 Investor Units Available Now
  • Pre-Sales Price $199,900
  • Large 4 Bedroom / 2 Bath Layout
  • Tenant & Property Management in Place
  • Zoned for Highly Rated Olive Branch Schools
  • Available to Close August 2016

Photos and drawings of homes may not represent the final product produced as should be used for example only. Meridian reserves the right to make changes to its home designs and to build more or fewer homes than currently planned. Community description and amenities are developer’s current plans, are not guaranteed, and may change without notice. All renderings and floor plans in these materials are an artists’ conceptual drawings and will vary from the actual plans and homes as built. Square footage numbers are approximate and may vary depending on the standard measurements used.

Amenities & Features

asbury subdivision

  • Approx. 2,153 Square Feet Of Living Space
  • Split Floor Plan With Master On Main Level
  • 4th bedroom on second floor
  • Designer Paint throughout
  • Oil Rubbed Bronze Finishes
  • Wood Flooring In Living Room
  • Tile Flooring In Kitchen and wet areas
  • Brand new 2016 Construction
  • 2″Faux wood blinds
  • Close to local shopping
  • Stainless steel appliances
    (Dishwasher, Stovetop Oven)
  • Granite counter tops

Photos and drawings of homes may not represent the final product produced as should be used for example only. Meridian reserves the right to make changes to its home designs and to build more or fewer homes than currently planned. Community description and amenities are developer’s current plans, are not guaranteed, and may change without notice. All renderings and floor plans in these materials are an artists’ conceptual drawings and will vary from the actual plans and homes as built. Square footage numbers are approximate and may vary depending on the standard measurements used.

6249 & 6211 VERA LANE

  • FRONT AND REAR
  • FIRST FLOOR
  • SECOND FLOOR

Price:

$199,900

ProForma Rent:

$1,595 –
$1,650

Heated Sqft:

2,153

Bedroom:

4

Bathroom:

2.5

Photos and drawings of homes may not represent the final product produced as should be used for example only. Meridian reserves the right to make changes to its home designs and to build more or fewer homes than currently planned. Community description and amenities are developer’s current plans, are not guaranteed, and may change without notice. All renderings and floor plans in these materials are an artists’ conceptual drawings and will vary from the actual plans and homes as built. Square footage numbers are approximate and may vary depending on the standard measurements used.

Asbury subdivision

LOT# Plan address Zip br bath SQft YeaR
BUILT
pRO FORMA
RENT
eST COMP
dATE
SALES
PRICE

SOLD-

269

ASBURY 6249 VERA lANE 38654 4 2 2,153* 2016 $1,595 – $1,650 8/30/2016 $ 199,900

SOLD-

271

ASBURY 6211 VERA lANE 38654 4 2 2,153* 2016 $1,595 – $1,650 8/30/2016 $ 199,900

DISCLAIMER: The calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. The projected pro forma returns on investment are intended for the purpose of illustrative projections to facilitate analysis and are not guaranteed by Meridian Pacific Capital, LLC. or its affiliates and subsidiaries. The information provided herein is not intended to replace or serve as a substitute for any legal, real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein.

PLAT MAP

aERIAL MAP

Photos and drawings of homes may not represent the final product produced as should be used for example only. Meridian reserves the right to make changes to its home designs and to build more or fewer homes than currently planned. Community description and amenities are developer’s current plans, are not guaranteed, and may change without notice. All renderings and floor plans in these materials are an artists’ conceptual drawings and will vary from the actual plans and homes as built. Square footage numbers are approximate and may vary depending on the standard measurements used.

Leveraged

all cash

DISCLAIMER: The calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. The projected pro forma returns on investment are intended for the purpose of illustrative projections to facilitate analysis and are not guaranteed by Meridian Pacific Capital, LLC. or its affiliates and subsidiaries. The information provided herein is not intended to replace or serve as a substitute for any legal, real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein.

WHY MEMPHIS?

  • Metro area population: 1.32 million;largest city in TN, 20th largest city in US
  • “America’s Aerotroplis”& Nation’s Distribution Center
  • Headquarters of FedEx; Nation’s#1st largest cargo airport
  • Largest distribution center in the U.S., including 600+ trucking companies
  • Highest appreciation forecast out of the 50 largest metro areas through 2018*
  • Diversified economy based in transportation, shipping, and medical industries
  • Attractive weather and cost of living promotes population growth
  • Strong RE market fundamentals related to home prices
  • High rents relative to median home prices; high net yields
  • Large tenant demographic; 45% of population rents
  • No state income tax; 2nd lowest cost of living in the nation;
  • World class medical center including St. Jude Children’s Research Hospital