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Tupelo MultiFamily Investment 100 Mickey Ln 14 Unit Apartment Building $1,590,000 ($113,571/Unit) 8% Cap Rate Belden, MS 38826
Investment Highlights
- Rare Investment Multi-Family
- 100% Occupied
- Seven (7) Duplexes in Tupelo
Executive Summary
Rare chance to own 7 duplexes, 14 total units in beautiful, secluded area of West Tupelo, just off Endville Road on Mickey Lane. Two units (1000 sq ft each) are air bb rentals and come fully furnished. The other 12 units (1200 sq ft each) have long term tenants. All units are 2 bed, one bath, well maintained, one level, and built in 2004.
Property Facts
| Price | $1,590,000 | Building Class | C |
| Price Per Unit | $113,571 | Lot Size | 1.17 AC |
| Sale Type | Investment | Building Size | 16,400 SF |
| Cap Rate | 8% | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2004 |
| Property Subtype | Apartment | ||
| Zoning | Residential - Residential | ||
| Price | $1,590,000 |
| Price Per Unit | $113,571 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 16,400 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2004 |
| Zoning | Residential - Residential |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $119,008 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$119,008
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Tupelo MultiFamily Investment | 100 Mickey Ln