Description
SELLER IS MOTIVATED - REVIEWING ALL OFFERS!!! Turnkey 11-Unit Apartment Complex with 100% Occupancy! Exceptional investment opportunity in Prentiss, MS! This professionally managed 11-unit apartment complex is fully occupied and currently generating **$6,158 in gross monthly rental income**, providing immediate cash flow from day one. The property consists of **5 studio apartments, 5 one-bedroom units, and 1 two-bedroom unit**, with all 11 units currently occupied. Conveniently located near Jefferson Davis Community Hospital and within walking distance to downtown Prentiss amenities, the property is situated in a quiet residential area with strong rental demand. Professional management is already in place, making this a true turnkey investment opportunity. Investors can take advantage of stable existing income with additional potential for future rental increases and property improvements. The seller is an out-of-state investor and is highly motivated to sell. **All offers will be reviewed!**
Details
| MLS # | 4149238 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 155 |
| Listing Provided By | AM Equity Realty, LLC | Adell Osgood |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 11 Total |
| SQ Feet | 10,000 |
| Story(s) | 1 |
| Acreage | 0.61 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Wall Furnace |
| Appliances | Electric Range, Refrigerator |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Metal |
| Construction Materials | Brick Veneer |
| Foundation Details | Block, Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Parking Lot |
Utilities
| Utilities | Cable Available, Electricity Available, Phone Available, Water Connected |
|---|
Taxes
| Property | 6914 |
|---|
Area Information
| State | MS |
|---|---|
| County | Jefferson Davis |
| City | Prentiss |
| Zip Code | 39474 |
| Area | Jefferson Davis |
| School District | Jefferson Davis CO Dist |
| Listing VS Median (in 39474) | |
Price: $299,000 low | high Med: $127,000 sqft: 10,000 low | high Med: 1,400 $ / sqft: $30 low | high Med: $91 On site: 155 low | high Med: 65 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Jefferson Davis |
| City | Prentiss |
| Zip Code | 39474 |
| Area | Jefferson Davis |
| School District | Jefferson Davis CO Dist |
| Listing VS Median (in 39474) | |
Price: $299,000 low | high Med: $127,000 sqft: 10,000 low | high Med: 1,400 $ / sqft: $30 low | high Med: $91 On site: 155 low | high Med: 65 | |