120 Leflore Ave - Apartments FOR SALE
Clarksdale, MS 38614 |
$650,000 USD
754-251-0201
120 Leflore Ave
Clarksdale, MS 38614
OVERVIEW
TURNKEY INVESTMENT!!!!
Beautiful 16 unit complex. Great condition. New roofs. High quality hardwood floors. Low maintenance cedar siding. Separate electric, water and gas meters, tenants pay all utilities!!! Potential to generate 12%+ NET RETURN ON INVESTMENT!!! Great for an out of state investor.
Financing and property management is available.
FOR SALE DETAILS
PRICE
$650,000 USD
PRICE/SF
$50 USD /SF
# OF UNITS
16
PRICE/UNIT
$40,625
CAP RATE
12.9%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
120 Leflore Avenue
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Manufactured Housing/Mobile Housing, Dormitory
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1950
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.5 AC
LAND SF
21,780 SF
ZONING
Multi Family
APN/PARCEL ID
333-13035000I-0000800
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754-251-0201
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754-251-0201
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