About This Property

Belvedere Condominiums

Memphis, TN

We purchased this property in early 2022 to renovate all 6 units and convert 2 units into furnished medium-term rentals. We decided to extend the renovation process to allow the property's cash flow to pay for the renovation and furnishing costs. As of October 2022, we have completed 4 renovations, converted 2 units into furnished rentals, and will lease the 4th unit before year-end.
Type of Property

6 Units

Number Of Units

20% YoY ROI

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