SELLER IS MOTIVATED REVIEWING ALL OFFERS!!! Turnkey 11-Unit Apartment Complex - Motivated Out-of-State Seller! Exceptional investment opportunity in Prentiss, MS! This professionally managed 11-unit apartment complex offers immediate cash flow with strong upside potential. Seller is an out-of-state investor and highly motivated to sell! The property consists of 5 studio apartments, 5 one-bedroom units, and 1 two-bedroom unit. Currently, 8 of the 11 units are occupied, with the remaining units in the process of being leased, creating an excellent opportunity for increased revenue and future growth. Conveniently located near Jefferson Davis Community Hospital and within walking distance to downtown Prentiss amenities, this property is situated in a quiet residential neighborhood with strong rental demand. This is an ideal opportunity for investors seeking a stabilized, income-producing asset with additional value-add potential through future updates and rental increases. Professional management is already in place, making this a truly turnkey investment. Rare chance to acquire a multifamily property with immediate income, expansion potential, and a highly motivated seller ready to make a deal!
| MLS # | 4149238 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 116 |
| Listing Provided By | AM Equity Realty, LLC | Adell Osgood |
| Bed(s) | 12 |
|---|---|
| Bath(s) | 11 Total |
| SQ Feet | 10,000 |
| Story(s) | 1 |
| Acreage | 0.61 |
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Wall Furnace |
| Appliances | Electric Range, Refrigerator |
| Exterior Features | None |
|---|---|
| Roof | Metal |
| Construction Materials | Brick Veneer |
| Foundation Details | Block, Slab |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Parking Lot |
| Utilities | Cable Available, Electricity Available, Phone Available, Water Connected |
|---|
| Property | 6914 |
|---|
| State | MS |
|---|---|
| County | Jefferson Davis |
| City | Prentiss |
| Zip Code | 39474 |
| Area | Jefferson Davis |
| School District | Jefferson Davis CO Dist |
| Listing VS Median (in 39474) | |
Price: $299,000 low | high Med: $139,900 sqft: 10,000 low | high Med: 1,200 $ / sqft: $30 low | high Med: $117 On site: 116 low | high Med: 236 | |
| State | MS |
|---|---|
| County | Jefferson Davis |
| City | Prentiss |
| Zip Code | 39474 |
| Area | Jefferson Davis |
| School District | Jefferson Davis CO Dist |
| Listing VS Median (in 39474) | |
Price: $299,000 low | high Med: $139,900 sqft: 10,000 low | high Med: 1,200 $ / sqft: $30 low | high Med: $117 On site: 116 low | high Med: 236 | |