Remarks

This 12-unit commercial/retail property is a turnkey investment with strong cash flow and a 10% cap rate. The property is fully leased with tenants on month-to-month leases, providing flexibility for rent adjustments or lease restructuring.Carefully maintained, the building has no significant deferred maintenance and features recent upgrades, including LED lighting, a new surveillance system, and a freshly restriped parking lot. These improvements enhance security, energy efficiency, and curb appeal, making it an attractive asset for both tenants and investors.With detailed financial records available, this property offers a stable and profitable investment with a strong rental history. High tenant occupancy ensures steady cash flow, making it a reliable income-generating asset.

Details

MLS#: 4108803
Price: $682,300

Style: Office
Sq Ft: 7739.00
Year Built: 1982

County: Hinds
Tax Fee: 6562.00