CLAY HILLS SUBDIVISION

  • Located in Fayette County,
    just east of Memphis
  • Low property taxes
  • Quiet, peaceful community with many family based activities
  • Ranked as one of the safest places to live in western TN
  • One of the fastest growing suburbs of Memphis, TN

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

  • Brand new 2016 construction
  • Approx. 1,774 square feet of living space
  • Master bedroom located on main level
  • 3 bedrooms and 2nd bath located on second floor
  • Designer paint throughout
  • Oil rubbed bronze finishes
  • Wood flooring in living room
  • Tile flooring in kitchen and wet areas
  • 2” faux wood blinds
  • Close to local shopping
  • Black appliances (dishwasher, cooking range, vent hood – microwave)

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.

FLOORPLANS

ELEVATION – A

  • ELEVATION – A
  • ELEVATION – B

Sqft Down:

1,130

Sqft Up:

644

Total Sqft:

1,774

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.

CLAY HILLS SUBDIVISION

LOT# Floor plan type address Zip br bath SQft YeaR
BUILT
pRO FORMA
RENT
eST COMP
dATE
SALES
PRICE
STATUS
22 Elevation – A 50 green hills dr 38060 4 2.5 1,774 2016 $1,225 – $1,325 DEC 2016 $ 172,000 UNDER CONTRACT
25 Elevation – B 10 green hills dr 38060 4 2.5 1,774 2016 $1,225 – $1,325 DEC 2016 $ 172,000 UNDER CONTRACT
26 Elevation – A 82 Clear Springs Dr 38060 4 2.5 1,774 2016 $1,225 – $1,325 DEC 2016 $ 172,000 UNDER CONTRACT
29 Elevation – B 88 Clear Springs Dr 38060 4 2.5 1,774 2016 $1,225 – $1,325 DEC 2016 $ 172,000 UNDER CONTRACT
34 Elevation – A 150 Clay Hill dr 38060 4 2.5 1,774 2016 $1,225 – $1,325 DEC 2016 $ 172,000 UNDER CONTRACT

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 measurements used.

financed purchase returns
(25% Down payment)

cash purchase returns
(20% Down payment)

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”& 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

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