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22297698
22297700

13370 Hwy 61 N, Robinsonville,, MS 38664

DD
MS B-24739
Exit Southern Charm Realty
Listed by Exit Southern Charm Realty
$750,000
447 days on market
Updated 108 days ago

13370 Hwy 61 N

Details
APN 3103 08000 0000715
Property Type Multifamily, Retail
Sub Type Apartment Building, Bar (+4)
Square Footage 8,400
Cap Rate 1.28%
NOI $9,600
Price per SqFt $119
Year Built 2009
Buildings 1
Stories 2
Acreage 0.390
Zoning Commercial
Parking Spaces 25 spaces
Parking Per SqFt 2.98
Investment Type Owner/User

Multifamily | 1.28% CAP

Marketing description

Exceptional Commercial Investment Opportunity with Multiple Income Stream s! Located just minutes from local casinos and DeSoto County, MS, this prime commercial property offers tremendous potential for both business and residential income. The building features two fully equipped restaurants with liquor licenses (transferable), making it an ideal opportunity for restaurant owners and investors alike. Each restaurant is fully operational, complete with office space, kitchen equipment, tables, chairs, and all necessary appliances to run a successful operation. The bar areas in both restaurants are perfect for providing a full-service dining experience, while storage areas and restrooms ensure smooth day-to-day operations. Upstairs, the property includes 5 studio apartments and 3 one-bedroom apartments, all of which are income producing and ready for tenants. The apartments offer a mix of living spaces that appeal to a variety of renters, making this property a fantastic investment for steady, reliable rental income. This versatile property combines commercial and residential income streams, making it a rare find. Whether you're looking to operate a thriving restaurant business, capitalize on rental income, or both, this property is ready to deliver. Don't miss out—schedule a showing today and unlock the full potential of this incredible investment!

Investment highlights

  • Diversified income from both commercial and residential tenants.

  • Location in an Opportunity Zone may provide tax incentives for investors.

  • Proximity to local casinos and DeSoto County enhances potential customer base.

  • Recent renovations in 2021 reduce immediate capital expenditure needs.

Listing Contacts

DD
MS B-24739
Exit Southern Charm Realty
Listed by Exit Southern Charm Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$9,600.00
$800.00/mo

Valuation Metrics

0
DSCR
1.28%
Cap Rate
1.28%
ROI

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Additional Information

Name
Debra Dace
License
B-24739
Brokerage
EXIT Southern Charm Realty
Brokerage Phone
6625108455
Title
Managing Broker
Brokerage Address
120 North Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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