Columbus, MS Cluster
Multifamily | 11 Units | $162,182/unit
Marketing description
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.
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