100 Red Oak DrPhiladelphia, MS 39350

Property Details for 100 Red Oak Dr

Lot size

1.50 AC

Property type

Specialty properties

Property subtype

Other specialty properties

Description

This exceptional investment opportunity presents a 16-unit apartment complex situated on a 1.5-acre lot at 100 Red Oak Drive, Philadelphia, Mississippi, 39350. The property, listed at $1,100,000, is classified as Special Purpose and boasts a strong rental history with excellent monthly income. Each of the sixteen units includes two bedrooms and one bathroom, and a commitment to consistent upkeep is evident through the refurbishment undertaken between tenant occupancy. The property's location in a developing area of Philadelphia suggests significant potential for future rental rate increases and enhanced profitability. This makes it an attractive prospect for investors seeking a stable, income-generating asset with considerable upside. The property's size and unit configuration provide a manageable scale for ownership, while the existing tenant base ensures immediate cash flow. Detailed financial records are available upon request, providing comprehensive insight into the property's performance and potential. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a growing Mississippi market. Don't miss this chance to secure a valuable addition to your investment portfolio.

Location Insight

City

Philadelphia

County

Neshoba

State

Mississippi

Latitude

32.7662

Longitude

-89.1503

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