Listed by Tom Smith Land and Homes, LLC
$1,375,000
1.2 Acres with Apartment Complex in Sunflower County at 502
Details
Property Type Land
Sub Type Vacant Land
Units 24
Buildings 2
Acreage 1.200
Land | 1.2 acres
Marketing description
REDUCED!! This 24 Unit Apartment Complex at Oak Manor in Indianola, MS, located in the heart of the Delta, is primed and ready to go to work for you! Each of the two buildings consist of four one bedroom units currently renting for $625 and eight two bedroom units renting for $775. Recently renovated down to the studs of each unit, this property offers all the amenities your tenants will love, from stainless steel appliances, granite, and concrete countertops, brand new walls, tile floors, and completely new HVAC equipment. There is no other property in this condition in the area. The demand for rental units in Indianola is extremely high, and the quality supply is almost nonexistent. Crank this cash flow machine up and let it get to work!
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Listed by Tom Smith Land and Homes, LLC
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