University Town at Martin
In 2010, FMBC Investments was presented with the possibility of purchasing an entire rental home subdivision directly from the bank that foreclosed on the property. After a little investigative work and a reasonable due diligence period, the property was purchase under a newly formed entity FMBC Investments called University Town at Martin.
Situated on a sprawling 23 acre site, University Town at Martin is conveniently located about a mile from the University of Tennessee at Martin on the Northwestern corner of campus and within walking distance to the Super Wal-Mart. With 73 individual homes to choose from, these newly constructed brick homes boast spacious floor plans ranging from 3 bedroom/2 baths units to 4 bedroom/2 baths units.
With a little renovation, a name change, and rebranding of the property, we achieved near capacity on the rentals as of the start of the 2011 UT Martin school year. Visit the website to find out more information about this property at www.UTMartinRentals.com.
