Description
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!
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12BEDS
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0.61ACRES
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11BATHS
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01/2 BATHS
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10,000SQFT
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$31$/SQFT
Description
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!