*8% CAP OWNER FINANCING 1000 Broadmeadow Dr 60 Unit Apartment Building $2,350,000 ($39,167/Unit) 8% Cap Rate Monticello, MS 39654

Owner will consider financing with 40-45% Down on a 20-25 year Amortization with a 5 year balloon @6.5%-6.9%. Price and term firm,
Investors — here’s a strong cash-flowing 60-unit's property located in Monticello, Mississippi with Hugh upside through lease up and continued renovations .
The subject property is a Value-Add Opportunity consisting of five, 2-story and two 1-story multi-family buildings originally constructed in 1980, that contains 60 units and 42,715 SF. Building construction consists of masonry with brick and wood siding. The complex currently has sixteen 1BR/1BA ,twenty eight 2BR/1BA. and sixteen 3BR/1BA units. The subject site consists of 9.3 Acres of land.
The Property has undone gone recent renovations consisting of new 30 year roof on all 8 buildings, exterior paint, LED lighting, security cameras and updating 40 units. The interior updates include luxury vinyl tile flooring, new lighting/paint, new hot water heater, new countertops and bathroom upgrades.