High Cape Rate Multi-Family Rental Opportunity In - Other Classified Ads in Yazoo City

High Cape Rate Multi-Family Rental Opportunity In

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Title:Warranty Deed
Listing ID:LC-1605-049413
Location:308 Genesis Ct, Yazoo, MS 39194
Road Access:Paved Road
Utilities:Please contact County Assessor
Property Appraiser Office:Appraiser office (662) 873-4317.
Additional Property Info:
Appraiser office (662) 873-4317.

Complex of Multi-Units in Yazoo, MS

32 Units- 16 3br/1.5 baths @ $450/m
16 2br/1 bath@ $410/m
All buildings are 4 plexes
Total Rent= $13,760/m or $165,120/year
All Units Rented

Taxes $13,067
Insurance $12,576
Flood Ins $4,600
Maintenance $12,000
Mgt., Water, Security $12,000

Properties are in good shape. New Roof on half of the buildings. Poor Management
Room for 4-5 more buildings to be built on property.

Cap Rate 13%
May 16, 2016
308 Genesis Ct, Yazoo City, Mississippi
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High Cape Rate Multi-Family Rental Opportunity in