Davall Hills Offering

  • 13 investor units available now
  • Priced at $263,000 – $269,000
  • 4+ bedroom / 3 bath layout
  • 8 floor plans available
  • Terrific public school district
  • HOA and homes managed by MPM
  • Available to close starting in late December 2018
  • Includes a fenced back yard

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 measurement used.

Amenities & Features

DAVALL HILLS SUBDIVISION

  • Private community fully owned and managed by Meridian Property Management
  • Composite school system rating of 9.67 out of 10 by www.greatschools.org
  • Family community
  • Granite counter tops
  • Stainless-steel appliances (dishwasher, microwave, refrigerator)
  • Hard surface flooring throughout common areas (high quality vinyl plank or tile)
  • Eggshell paint used throughout interior of home
  • All back yards are fully fenced
  • 2” wood blinds
  • All homes include a 5th bedroom or bonus room
  • Split floor plan with master on main level
  • Brand new 2018/2019 construction
  • Family oriented community
  • 9’ – 10’ ceilings

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 measurement used.

FLOORPLANS

FEATHERSTONE II

  • 1826 – 565 – 562 – FC
  • 1826 – 565 – 562 – FT
  • 1826 – 569 – 562 – T
  • 1834 – 682 – 558 – FCS
  • 1834 – 682 – 558 – F
  • 1834 – 682 – 558 – FT
  • 1848 – 600 – 683 – FCS
  • 1848 – 613 – 710 – FCS

Heated Sqft Down:

1,864

Heated Sqtf Up:

565

Garage & Storage:

438

Front & Rear Porches:

125

Total Heated Sqft:

2,429

Total Enclosed Sqft:

2,867

Total Under Roof:

2,992

Bedroom:

4

Bathroom:

3

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 measurement used.

DAVALL HILLS SUBDIVISION

LOT# Floor plan type address Zip br bath SQft YeaR BUILT pRO FORMA RENT eST COMP dATE SALES PRICE STATUS
33 1834-682-558-F 4364 Davall Circle 38654 5 3.0 2,401 2018 $1825 – $1950 COMPLETE $ 265,000 SOLD
21 1834-682-558-FT 4426 Davall Circle 38654 5 3.0 2,414 2018 $1825 – $1950 COMPLETE $ 266,000 SOLD
20 1826-569-562-T 4430 Davall Circle 38654 4 3.0 2,446 2018 $1800 – $1895 COMPLETE $ 260,000 UNDER CONTRACT
7 1834-682-558-F 8604 Birnham Cove 38654 5 3.0 2,401 2018 $1825 – $1950 COMPLETE $ 265,000 SOLD
28 1848-600-683-FCS 4343 Davall Circle 38654 4 3.0 2,400 2019 $1825 – $1950 COMPLETE $ 265,000 UNDER CONTRACT
36 1826-565-562-FT 4400 Davall Circle 38654 5 3.0 2,429 2019 $1825 – $1950 MAR 2019 $ 269,000 UNDER CONTRACT
1 1848-600-683-FCS 8605 Birnham Cove 38654 4 3.0 2,400 2019 $1825 – $1950 MAR 2019 $ 265,000 UNDER CONTRACT
37 1848-613-710-FCS 4412 Davall Circle 38654 4 3.0 2,413 2019 $1825 – $1950 MAR 2019 $ 265,000 UNDER CONTRACT
19 1834-682-558-FCS 8602 Tanasi Cove 38654 5 3.0 2,401 2019 $1825 – $1950 MAR 2019 $ 265,000 AVAILABLE
17 1826-565-562-FT 8626 Tanasi Cove 38654 5 3.0 2,429 2019 $1825 – $1950 MAR 2019 $ 269,000 AVAILABLE
10 1826-565-562-FC 8630 Ainsley Cove 38654 4 3.0 2,429 2019 $1825 – $1950 MAR 2019 $ 267,000 UNDER CONTRACT
3 1826-565-562-FT 8629 Birnham Cove 38654 5 3.0 2,429 2019 $1825 – $1950 MAR 2019 $ 269,000 AVAILABLE
15 1834-682-558-F 8631 Tanasi Cove 38654 5 3.0 2,401 2019 $1825 – $1950 MAR 2019 $ 265,000 UNDER CONTRACT
32 1826-565-562-FC 4352 Davall Circle 38654 4 3.0 2,429 2019 $1825 – $1950 MAR 2019 $ 267,000 AVAILABLE

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 Properties, 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 measurement used.

financed returns

cash returns

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 Properties, 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?

  • Among the highest rents in the nation relative to median home prices; high net yields
  • Metro area population: 1.32 million; largest city in TN, 20th largest city in US
  • “America’s Aerotroplis” is the nation’s main distribution center; home to 600+ trucking companies
  • Headquarters of FedEx; Nation’s largest cargo airport
  • Diversified economy based in transportation, shipping, and medical industries
  • Attractive weather and cost of living promotes population growth
  • Strong real estate market fundamentals related to home prices
  • 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

GET MORE INFORMATION

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