Here is a rare opportunity to get into investment income with both feet!!! This is a bulk package, income producing property. At a CAP rate of 14-15%- you are making a sound investment! This package includes 10 freestanding homes, one of which is a Duplex. There are 4 homes with roofs approx. 2 years old, 6 homes with roofs approx. 7-10 years old, 8 homes with central heat and air, some around 2 years old, 3 homes with mini splits or window units, currently 3 vacancies. 2 are being renovated currently and should rent easily, and one that had a fire, but should be able to be salvageable to renovate and rent in the near future. All homes are sold as is/ whereis and have no warranties. Tenants supply their own appliances, so there are not refrigerators or ranges with the homes.
Listing Courtesy: United Country - Southern States Realty - 601-250-0017
Presented by: Kelly Parker
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EXIT NEW DOOR REALTY
207 W. Jackson Street, Suite 201, Ridgeland, MS 39157