For Sale
$219,000

6305 Us 80 Morton, MS 39117

High-Occupancy Storage Facility, Great ROI

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents a 4,300 square foot retail property located at 6305 US 80 in Morton, Mississippi. Situated on a 0.69-acre lot, this property boasts a 33-unit non-climate-controlled storage facility currently operating at 98% occupancy. This impressive occupancy rate translates to a strong and consistent cash flow, making it an attractive proposition for investors seeking immediate returns. The asking price of $219,000 is listed below appraisal, presenting a significant value proposition for the discerning buyer. The property's prime location on US 80 ensures high visibility and accessibility, further enhancing its appeal to potential tenants and maximizing its earning potential. This is a turnkey operation, requiring minimal management oversight, ideal for passive income generation. The existing tenant base provides a stable foundation for continued success, and the high occupancy rate minimizes vacancy risks. This presents a rare opportunity to acquire a well-established, profitable business in a desirable location at a price point below market value. The property's size and configuration offer flexibility for potential expansion or adaptation to meet evolving market demands. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Financial statements and further details are available upon request.

Property Details for 6305 Us 80

Property type
Retail properties
Square Feet
4,300 SF
Year Built
1995
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Morton
County
Scott
State
Mississippi
Latitude
32.35265
Longitude
-89.62867

FAQs

What type of property is this?
Retail property - High-Occupancy Storage Facility, Great ROI
Where is the retail property located?
The property is located at 6305 Us 80 Morton, MS.
What is the asking price?
The asking price for this property is $219,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6305 Us 80
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