Multi-Family•Low-Rise/Garden•For Sale

Magnolia Townhomes

409 N. 39th Avenue, Hattiesburg, Mississippi 39401

Sale Price $750,000
Sale Type Investment
Zoning R-2
Year Built 2012
Cap Rate 6.59%
Annual Taxes $16,190.00
Gross Bldg 11,104 SqFt
Land Area 1.15 Acres
Project Size 12
Net Op Inc $49,428
6 Townhomes (12 Units) & +/- .50 acre lot near the University of Southern Mississippi campus. 12 Units
  • Walk to Southern Miss Campus
  • Convenient to Hattiesburg Retail
  • Great Current & Historical Occupancy Rates
  • 1.5 Acre (R3 Zone) parcel next door is available as well
2/7/2019 9:09:50 PM 2/7/2019 9:09:50 PM
Greg Brett
Advisor
SVN | Southgate Realty, LLC

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