This Hughetta St N property offers investors a rare opportunity to acquire a newly built Class A single-family home in Carrington Estates—one of Oakland’s most desirable and fast-growing communities just east of the Memphis metro area. This 4-bedroom, 2.5-bath Cedar A plan spans approximately 2,200 square feet, thoughtfully designed to balance style, comfort, and long-term durability—key factors for stable rental performance and reduced ownership costs.
The home’s modern open-concept layout appeals to today’s renters, with a spacious great room that flows naturally into the kitchen and dining areas. Quality finishes such as luxury vinyl plank flooring, energy-efficient windows, and stainless steel appliances are both attractive and low-maintenance, while neutral interior palettes allow for easy turnover between tenants. The primary suite is positioned for privacy and features an en-suite bath with double vanities, creating a layout that enhances everyday livability and tenant retention.
Carrington Estates is a well-planned neighborhood designed with long-term growth in mind, offering quiet streets, newly constructed homes, and easy access to top-rated Fayette County schools. Oakland continues to benefit from strong infrastructure development, proximity to major employers along the I-40 corridor, and an expanding local retail base. Residents enjoy convenient access to Collierville, Arlington, and the greater Memphis MSA—one of the South’s most resilient and affordable investment markets.
For investors, this turnkey property combines the reliability of new construction with professional management support through Meridian’s rent warranty program, offering peace of mind and consistent performance. With strong rental demand, a desirable suburban location, and modern design focused on efficiency and tenant satisfaction, this Hughetta StN home stands out as an exceptional addition to any Memphis-area investment portfolio.
LVP flooring in common areas
Carpet or LVP (upgrade) in the primary bedroom
Carpet in the secondary bedrooms
Ceramic tile in Premier primary bathrooms
LVP flooring in secondary bathrooms
Flat paint
Ceramic tile backsplashes in Premier kitchens
Granite or quartz (upgrade) countertops
Cultured marble bathroom countertops
9′ or 10′ ceilings
Designer Lighting Package
Stainless steel dishwasher, microwave, gas range (Premier) or electric range (Select)
Gas (Premier) or electric (Select) fireplace with modern mantle
Buy this property for $414,900 and earn $2,475 per month in estimated rent.
All numbers are estimates for illustration only and not guaranteed. Actual performance, pricing, and rent may vary. This is not a commitment to sell or invest. Please consult your financial advisor. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program.


This Hughetta St N property offers investors a rare opportunity to acquire a newly built Class A single-family home in Carrington Estates—one of Oakland’s most desirable and fast-growing communities just east of the Memphis metro area. This 4-bedroom, 2.5-bath Cedar A plan spans approximately 2,200 square feet, thoughtfully designed to balance style, comfort, and long-term
durability—key factors for stable rental performance and reduced ownership costs. The home’s modern open-concept layout appeals to today’s renters, with a spacious great room that flows naturally into the kitchen and dining areas. Quality finishes such as luxury vinyl plank flooring, energy-efficient windows, and stainless steel appliances are both attractive and low-maintenance, while neutral interior palettes...
Start earning rental income immediately. This turnkey property will be move-in ready for tenants the day you close escrow. Our local property management team will take care of everything for you.
This is a brand new home that has never been lived in. New construction homes typically have the highest overall ROI of any single-family rental property.
Meridian’s build-to-rent properties are designed to attract and retain long-term tenants. We use durable materials, modern amenities, and open floor plans
This property is rated Class A. It is a top-tier property in a desirable neighborhood, featuring premium construction, modern finishes, and strong rental demand—ideal for stable appreciation and high-quality tenants.
Buy this property for $414,900 and earn $2,475 per month in estimated rent.
All numbers are estimates for illustration only and not guaranteed. Actual performance, pricing, and rent may vary. This is not a commitment to sell or invest. Please consult your financial advisor. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program.
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