About Our Investment Markets
Learn about why we choose to invest in the particular markets of Memphis, TN, Little Rock, AR, and DeSoto County, MS.
Why 3 Markets?
In the past, investors came to us, developed a relationship, and purchased all their investment properties in one market.
When real estate prices were low, this strategy made sense.
As the housing recovery evolved and prices gradually rose, investors became more strategic with their acquisitions by spreading their portfolios across several markets.
Investing in two markets helps you build a risk-averse real estate portfolio; if one market sees a downturn, it won’t affect your entire portfolio. This makes sense for our investors and us.
We started in Memphis in 2007, and in 2012, we decided to expand. With markets across the country oversaturated with turnkey providers, we expanded to Little Rock, Arkansas, pioneering turnkey investments in the area.
Why Memphis?
Simply put, Memphis is on the map as a cash flow market. Memphis makes sense because:
- Acquisition price vs. rental amount is favorable for excellent cash flow
- Low property taxes
- The linear market provides a steady cash flow
- Favorable landlord laws
- Acquisition price vs. rental amount is favorable for excellent cash flow
The Backbone of the Economy
Memphis is one of only three U.S. cities served by five Class I railroads: Norfolk Southern, Burlington Northern Santa Fe, Canadian National, Union Pacific, and CSX. All have identified Memphis as a high-growth market for intermodal traffic, and four have invested significantly to expand the capacity of their terminals.
Memphis is served by two national interstate highways: I-40 and I-55. These interstates provide:
- North-south and east-west access across the country.
- Connecting ports.
- Gateways.
- Other major distribution centers.
I-40 and I-55 are being supplemented with two additional interstates, I-69 and I-22, and a regional interstate bypass to increase highway capacity for the coming decades. I-22 will be an important route connecting Memphis to Birmingham and Atlanta when completed.
I-69 will extend from Canada to Mexico, passing through Memphis. It’s the so-called “NAFTA Highway,” and identified as a “Highway of National Significance.”
Memphis has more than 400 trucking companies enabling local operations that provide easy access to local, long-distance, truckload, less than truckload, and specialized freight options.
Located less than 500 miles from the mean center of the U.S. population, Memphis is well-positioned to serve a major portion of the country. You can reach 36% of the country overnight and nearly 70% by the second day.
Bottom line: these are well-paying jobs that provide the backbone of our economy. The 4 R’s (railway, roads, rivers, and runways) are here to stay!
Massive Investments Are Happening Now
The Memphis market is experiencing a commercial boom with $4 billion worth of “major recreational, medical, educational, tourism, and lifestyle-oriented projects” that are either recently completed or currently in progress.
These projects will significantly affect Memphis's economic growth and quality of life.
Why Little Rock?
Look Forward to Buying More
“I continue to be impressed with the Turnkey Properties team! We have purchased two turnkey properties in Little Rock and both times they have provided a great house at a great price and with great property management.
They have been consistently professional and responsive during the purchase and property management phases, and we look forward to buying more.”
Jeff M.
