Sales of the HILL Crest Estate in Memphis, Tennessee, are booming and the sale of a house in the area is set to bring in a lot more money than usual.
The sale of the home on North Avenue is scheduled to start in mid-May, and the property has already brought in $4.8 million in sales, according to the property website, HillcrestExclusive.com.HILL CRESCENDES SOLD: A HILL CREST A HILLCREST Crest Properties sold its property at 6500 North Avenue to a family member on Tuesday.
The sale was set to begin May 6, the website said.
The HILL CREW A FAMILY (The Hill Family) purchased the 5,400-square-foot property in February, which is a former factory.
In May, the family members purchased a 4,000-square foot property in the same neighborhood, and it sold in March for $5.9 million, according the property listing.
According to the listing, the sale is being managed by Hillcresource.com, which offers a wide variety of real estate services.
“This is one of the most sought-after properties in the Hillcretes area, with a number of properties that are on the market that are in demand,” said the listing on Hillcremesource.
HILL CRESTS HILLY, WASHINGTON D.C. This year, the Hillcliff Estate in Washington, D.V., was also sold.
At the time of its sale, the estate was worth $7.5 million, and according to The Hillcliffs website, “the buyer has already made an investment of over $6 million in the property.”
The Hillclifds website lists several properties that have been sold.