1500 N Archusa Ave | Quitman, MS 39355
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- LoopNet Team
1500 N Archusa Ave
Quitman, MS 39355
Clarke County Villas · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- Nestled in the woods off Highway 145, this quaint neighborhood is a host to many amenities, including a laundromat and additional storage.
- The community is just a 25-minute drive south of Meridian, the retail and business hub in the area.
- Approximately 25% of the market population rents the place they live in, giving a strong opportunity for investors.
- Excellent opportunity for the new owners to own a cash-generating property with a 15.6% cap rate.
PROPERTY FACTS
| No. Units | 36 | Lot Size | 5.60 AC |
| Property Type | Multifamily | Building Size | 39,950 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Zoning | R-4 - Multiple Family Residential District | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.60 AC |
| Building Size | 39,950 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | R-4 - Multiple Family Residential District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Heating
- Kitchen
- Freezer
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 24 | $650.00 | - |
| 1+1 | 12 | $550.00 | - |
PROPERTY TAXES
| Parcel Number | 082A-35-00-003.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $66,602 |
PROPERTY TAXES
Parcel Number
082A-35-00-003.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$66,602
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