1301 20th St N - Apartments FOR SALE


Columbus, MS 39701- Downtown Columbus MS
$400,000 USD
601-448-9179
1301 20th St N, Columbus, MS for Sale
$400,000 USD
Apartments - FOR SALE
1/11
null | 12% Cap Rate

1301 20th St N
Columbus, MS 39701
Downtown Columbus MS


HIGHLIGHTS

  • Most affordable apartments in the area, low vacancy.

OVERVIEW

Amazing 12-unit investment, only 1 vacant unit. Renovated units are renting for $550! Don't miss this value-add opportunity to continue renovating units and increase rents. 6 units renovated, only 6 remain. CASH ONLY sale for this high performing asset, and earn income on day one. In-place property management company at 10%. Excellent investment for absentee owner, national investor or owner-occupant. No seller-financing available.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

12

PRICE/UNIT

$33,333

CAP RATE

12%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbus Apartments, 12-Unit CASH ONLY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

-

APN/PARCEL ID

56W19-02-03100

ASK ABOUT THIS PROPERTY

Rebecca MendezDB Properties I LLCMore Info
601-448-9179

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Rebecca MendezDB Properties I LLCMore Info
601-448-9179

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.