1500 N Archusa Ave - Apartments FOR SALE


Quitman, MS 39355
$3,000,000 USD
309-533-0369
1500 N Archusa Ave, Quitman, MS for Sale
$3,000,000 USD
Apartments - FOR SALE
1/19
null | 9.63% Cap Rate

1500 N Archusa Ave
Quitman, MS 39355


HIGHLIGHTS

  • Established 36-unit apartment community on 5.6 acres in Quitman, MS
  • Convenient location within the Quitman School District and near local amenities
  • Community features include laundry facilities, fenced lot, and green space
  • Units offer air conditioning, heating, and in-unit storage for resident comfort
  • Industry is booming in Quitman and more jobs coming within the year and we are only 20 mins from Meridian
  • We are in a beautiful area with trees and nature and Clarkco State Park is right down our street

OVERVIEW

Cash Cow!!! Ask to view or see contact Alice today at 309-533-0369!

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$75 USD /SF

# OF UNITS

36

PRICE/UNIT

$83,333

CAP RATE

9.63%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

60

LAND DETAILS

LAND ACRES

5.6 AC

LAND SF

243,936 SF

ZONING

R-4

APN/PARCEL ID

082A-35-00-003.01

ASK ABOUT THIS PROPERTY

Alice SmithMCB Roll Tide LLCMore Info
309-533-0369

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Alice SmithMCB Roll Tide LLCMore Info
309-533-0369

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