Maintenance Rate (% of GOI):
2%
3%
4%
5%
5%
5%
5%
5%
5%
5%
Located in a quiet cul-de-sac in Southbranch, one of Olive Branch’s most promising new communities, this newly built home offers the rare combination of strong market fundamentals and low-maintenance design. With four bedrooms, two and a half baths, and over 2,200 square feet of living space, it’s built to attract and retain long-term tenants seeking comfort, flexibility, and access to top-rated schools and major employment centers. Every detail of this home supports long-term performance — from the durable exterior and energy-efficient construction to the professionally managed services that ensure smooth day-to-day operations. Inside, the open-concept layout connects the kitchen, dining area, and living space for ease of use and broad appeal. The main-level primary suite includes a tiled shower, dual vanities, and a walk-in closet, while three additional bedrooms upstairs provide options for families or remote work. Olive Branch continues to stand out as one of the Memphis metro’s top-performing submarkets, offering excellent infrastructure, favorable tax policies, and consistent demand from quality tenants. This property is covered by Meridian’s rent warranty program, giving investors added stability and predictable cash flow. Whether you're building a new portfolio or placing 1031 exchange funds, this Class A opportunity is ready to deliver reliable returns in a high-growth location.
Connect with a Meridian investment advisor to ask questions, evaluate the numbers, and explore how this property fits your goals. Theres no pressure — just expert guidance.
Buy this property for $369,900 and earn $2,275 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.
Limited time offer. Call (901) 300-2260 to lock in your savings.
As the developer, Meridian can build investment properties anywhere we want. We carefully identify suburban submarkets that are likely to yield strong returns. We look for prime locations, stand out rankings, and close proximity to major employers. This is why we built the subdivision of Hedge Rose in Somerville, Tennessee.
Hedge Rose is a newer subdivision in Somerville, Tennessee, set within a larger, established community that continues to expand through multiple phases. The overall neighborhood is of meaningful scale, with prior phases already built out and additional development underway, including current construction in Phase 4 and planned expansion into Phase 5. This phased growth contributes to a more established feel compared to smaller, one-off developments, while still offering newer construction opportunities.
Homes typically range from approximately 1,800 to 2,500 square feet with 4+ bedroom layouts, providing functional designs that support consistent leasing demand. Lot sizes between a quarter and half acre create a more open, usable setting than higher-density subdivisions, contributing to a quieter, more spacious environment. The community has historically attracted residents seeking a more relaxed pace and well-kept surroundings, reinforcing its reputation as a stable and desirable neighborhood within the Somerville area.
Construction emphasizes durability and ease of ownership, with features such as luxury vinyl plank flooring in main areas, tile in wet spaces, solid-surface countertops, and energy-efficient systems. Standard inclusions like 9 to 10 foot ceilings and modern appliance packages help maintain competitive positioning while managing long-term maintenance exposure.
Located in Fayette County, Hedge Rose benefits from a low property tax structure and direct access to Highway 64, connecting the area to the growing eastern Memphis employment corridor, including BlueOval City and its expanding supplier network. This combination of community scale, newer construction, and regional growth supports steady housing demand and long-term investment stability.
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