278 Concourse Rd, Columbus, MS 39702 For Sale

This fully stabilized portfolio of 11 single-family homes offers investors a rare opportunity to acquire a high-performing, cash-flowing asset with strong in-place income and operational efficiency. The portfolio is 100% occupied and generates $17,600 in monthly rental income ($188,400 annually), delivering a solid NOI of $170,140 and an attractive 9.5% cap rate at the $1,784,000 asking price.

Strategically positioned with all properties located in close proximity, this portfolio benefits from streamlined management and reduced operational overhead—ideal for both local and out-of-state investors seeking efficiency at scale.

Key Investment Highlights:

• Turnkey, Stabilized Asset: Fully leased with consistent cash flow from day one
• Strong Returns: 8.5% cap rate with $160K+ NOI
• Operational Efficiency: Clustered locations allow for easy, cost-effective management
• Limited CapEx Exposure: Majority of major capital improvements already completed
• Rental Upside Potential: Current rents below market provide opportunity for future increases
• Healthy Rental Market: Supported by a stable employment base with average rental days on market of just 27 days
• Attractive Unit Economics: Average rent of $1,427 per unit

This portfolio is well-suited for investors seeking immediate yield with built-in upside, whether as a standalone acquisition or as part of a larger portfolio expansion strategy. With strong fundamentals, minimal vacancy risk, and favorable market dynamics, this offering presents a compelling blend of income, stability, and growth potential.