Set in the growing community of Carrington Estates in Oakland, Tennessee — just outside the Memphis metro area — this brand-new Laurel E home offers the kind of layout and curb appeal that makes it highly desirable for both residents and investors seeking turnkey properties.
Spanning nearly 2,500 square feet, this flexible 4–5 bedroom, 3-bathroom home offers spacious living with smart functionality. The main level is anchored by a light-filled family room and open-concept kitchen that features granite countertops, a walk-in pantry, center island, stainless appliances, and on-trend Shaker cabinetry. There’s also a formal dining area and an eat-in breakfast nook, making it easy to accommodate both daily life and entertaining.
Investors will appreciate the tenant-friendly floor plan with the primary suite and two guest bedrooms on the main level, while upstairs includes a fourth bedroom, a full bath, and a generous bonus room that can serve as a fifth bedroom, office, or flex space. This kind of livable layout appeals to a broad range of renters — families, professionals, and multigenerational households alike.
Carrington Estates is a high-potential community in one of the best markets to invest in near Memphis, with new construction homes, attractive streetscapes, and proximity to schools, healthcare, retail, and major employers. With strong projected rental income and low-maintenance materials throughout, this is an ideal turnkey investment property for your 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 $439,990 and earn $2,625 per month in estimated rent.
All projections are for illustrative purposes only and are not guaranteed. Actual results may vary. Meridian Pacific Properties does not provide legal, tax, or financial advice. Please consult with your professional advisors before making investment decisions.
Set in the growing community of Carrington Estates in Oakland, Tennessee — just outside the Memphis metro area — this brand-new Laurel E home offers the kind of layout and curb appeal that makes it highly desirable for both residents and investors seeking turnkey properties. Spanning nearly 2,500 square feet, this
flexible 4–5 bedroom, 3-bathroom home offers spacious living with smart functionality. The main level is anchored by a light-filled family room and open-concept kitchen that features granite countertops, a walk-in pantry, center island, stainless appliances, and on-trend Shaker cabinetry. There’s also a formal dining area and an eat-in breakfast nook,
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 $439,990 and earn $2,625 per month in estimated rent.
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