

Listed by TM Realtors
$1,590,000
Multi-Family Investment 100 Mickey Lane, Tupelo
Details
APN 0730-08-022-06
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 16,400
Units 14
Cap Rate 8%
NOI $127,200
Occupancy 100%
Broker Co-Op Yes
Year Built 2004
Buildings 7
Multifamily | 14 Units | $113,571/unit
Marketing description
Rare chance to own 7 duplexes, 14 total units in beautiful, secluded area of West Tupelo, just off Endville Road on Mickey Lane. Two units (1000 sq ft each) are air bb rentals and come fully furnished. The other 12 units (1200 sq ft each) have long term tenants. All units are 2 bed, one bath, well maintained, one level, and built in 2004.
Investment highlights
100% occupied multi-family duplexes in Tupelo, MS.
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Listed by TM Realtors
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$127,200.00
$10,600.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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