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15300 Dismuke Avenue, Biloxi, MS 39532 (MLS# 3299585)

15300 Dismuke Avenue, Biloxi, MS 39532

$3,200,000
Property Type: Res Income Multi-Fam Square Footage: 63,600 Status: Closed
Current Price: $4,000,000 List Date: 3/02/2016 Last Modified: 11/14/2024

Overview

Description

53 unit mix of furnished and unfurnished units. 2, 3 & 4 bedroom units available. Can be rented long term or short term. Income growth year to year, seller is willing to NNN lease back at 8% for 2 years with 1st year paid at closing. January and February income at $70,000 +/- per month.

Listing Details MLS# 3299585

General Property Information

# of Units Included in Sale
53
Approx H/C SqFt
63600
SqFt Source
Public Records
List Price/SqFt
62.89
Year Built
2006
Year Built Source
Public Records

Property Features

Structure Type: Other; See Remarks Waterfront Features: Pond Approx Age Code: Under 25 Years

Address and Location Information

Street Number
15300
Street Name
Dismuke
Street Suffix
Avenue
County
Jackson
State
MS
Zip Code
39532
Parcel Number
0-36-14-090.476
N or S of I-10
S
N or S of CSX Railroad Track
N

Tax and Financial Information

Tax Annual Amount
459

Status Change Info

Contract Date/Pending Date
2016-08-18
Closing Date
2017-01-06
Sold Price/SqFt
50.31

More Information

Waterfront Features

Waterfront
Yes
Pond
Yes

Remarks & Miscellaneous

Public Remarks
53 unit mix of furnished and unfurnished units. 2, 3 & 4 bedroom units available. Can be rented long term or short term. Income growth year to year, seller is willing to NNN lease back at 8% for 2 years with 1st year paid at closing. January and February income at $70,000 +/- per month.

Structure Type

Other
Yes
See Remarks
Yes

Approx Age Code

Under 25 Years
Yes
Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd
Listing Agent: Kenneth L Jones
Last Updated: November - 14 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.