Exciting investment opportunity in Belzoni! This property features 24 duplex units (48 units total) spread across 17 acres, making it an ideal candidate for a 1031 like-kind exchange. Currently, 25 units are occupied, including 18 fully renovated units with a waiting list of prospective tenants. The remaining 23 units present a substantial upside with renovation potential, offering a full circle of investment opportunities. With space available for additional unit construction, there's ample potential to transform this property into one of the Delta's premier multifamily complexes. Tenants manage their own utilities, promising a streamlined investment experience. Don't miss out on this opportunity to maximize ROI and contribute to the vibrant growth of the local community! DO NOT DISTURB TENANTS, reach out to a REALTOR for your own private showing!
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
