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!
Listed By
Agency Name: AM Equity Realty, LLC
Shown By
Agent Name: Doug Damico
Agent Phone: (901) 356-4856
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 1,356.51 per month $689.93 Principal & Interest $576.17 Property Tax $90.42 Homeowner's Insurance
1136 Berry Street | MLS# 4149238
This multi-family property located at 1136 Berry Street, Prentiss, MS 39474 is currently listed for sale with an asking price of $310,000. Search Prentiss real estate on dougdamico.crye-leike.com today.