Prime Memphis TN Location: 3 Bed, 2 Bath Residence

This location attracts visitors with its rich musical heritage and historical significance. People come to Memphis to experience the birthplace of blues and rock and roll, visiting iconic sites like Graceland, Beale Street, and Sun Studio. The city also offers a vibrant culinary scene, particularly its famous barbecue. Memphis's appeal to music lovers, history buffs, and those seeking authentic Southern culture makes it a compelling destination for short-term rentals.

Discover the potential of this well-located property with options for short-term rental income or a co-living arrangement.

Short-Term Rental:

Monthly Rate: $2,374
- Achieve an estimated $51,200 annually.
- Potential for $4,266 in monthly revenue.
- Projected occupancy rate of 54%.
- Average daily rate of $253

Co-Living Income Opportunity:

- Generate $3,850 per month through a co-living model
Premium Master Suite: $1,350 monthly
Regular Rooms: $1,250 monthly per room
- Projected annual revenue of $46,200

Deal Source: YP Acquisition Team
Important info: 
- Earnings are projections and based on market fluctuations.
- Investors are encouraged to research the market averages using the zip code provided  before closing on the deal, signing any leases, or finalizing any property closing.
- Third party listings can always go through our quality vetting process, which always includes a walk through of the property and deep market research. 
- Our team encourages you to request a tour of any property before moving forward with any deals marked Third party on our platform. Deals found by the  YP acquisition team are always vetted following our best practices to insure quality. 
- We encourage investors to work closely with one of our Consultants to ensure you’re picking the right deal for you.
- Please ensure you have an active and in good standing  business license, or be in the process of acquiring one before deciding to purchase.