15412 Big Ridge Road, Biloxi, MS 39532 (MLS# 3293451)
15412 Big Ridge Road, Biloxi, MS 39532
$1,600,000
Property Type:
Res Income Multi-Fam
Square Footage:
40,800
Lot Size (sq. ft.):
115,870
Status:
Closed
Current Price:
$1,750,000
List Date:
9/04/2015
Last Modified:
11/14/2024
Overview
Description
NICE MULTIFAMILY UNITS CONVENIENTLY LOCATED ON BIG RIDGE ROAD, WEST OF EXIT 50 (I-10), NOI CAN BE INCREASED SIGNIFICATELY BY MAKING A FEW OPERATING CHANGES. BUYER TO COOPERATE IN SELLER'S 1031 TAX DEFERRED EXCHANGE.
Listing Details MLS# 3293451
General Property Information
- # of Units Included in Sale
- 40
- Approx Lot Size Acres
- 2.66
- Lot Size Dimensions
- 170.0 X 562.0 X 170.0 X 530.0
- Approx H/C SqFt
- 40800
- SqFt Source
- Other
- List Price/SqFt
- 42.89
- Year Built
- 20
- Year Built Source
- Assessor
- Complex Name
- ROYAL OAKS
Property Features
Structure Type:
Lowrise 1-2 Floors
Additional Type Details:
Apartment Complex
Owner Pays:
Insurance; Taxes; Trash Collection; Water
Tenant Pays:
Cooling; Electricity; Heating
Appliances:
Dishwasher; Disposal; Oven; Range; Refrigerator
Walls - Interior:
Sheetrock
Flooring:
Carpet; Wood
Cooling:
Central Air; Electric
Heating:
Electric
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Water Heater:
Electric
Approx Age Code:
Under 25 Years
Parking Spaces:
1 Space Unit
Available Documents:
APOD; Marketing Package; Pro Forma
Address and Location Information
- Street Number
- 15412
- Street Name
- Big Ridge
- Street Suffix
- Road
- County
- Jackson
- State
- MS
- Zip Code
- 39532
- Parcel Number
- 03610390.030
- N or S of I-10
- S
Tax and Financial Information
- Tax Annual Amount
- 24000
- Zoning
- Single Family Residential
- Flood Insurance Required?
- No
- Annual Home Insurance
- 31694
Status Change Info
- Contract Date/Pending Date
- 2015-11-27
- Closing Date
- 2016-01-29
- Sold Price/SqFt
- 39.22
More Information
Unit 1
- Full Baths
- Yes
- Rent
- 650
- Description
- 40
Remarks & Miscellaneous
- Public Remarks
- NICE MULTIFAMILY UNITS CONVENIENTLY LOCATED ON BIG RIDGE ROAD, WEST OF EXIT 50 (I-10), NOI CAN BE INCREASED SIGNIFICATELY BY MAKING A FEW OPERATING CHANGES. BUYER TO COOPERATE IN SELLER'S 1031 TAX DEFERRED EXCHANGE.
Structure Type
- Lowrise 1-2 Floors
- Yes
Income & Expenses
- Annual Net Income
- 89400
- Gross Operating Income
- 291658
Additional Type Details
- Apartment Complex
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Owner Pays
- Insurance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Tenant Pays
- Cooling
- Yes
- Electricity
- Yes
- Heating
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Oven
- Yes
- Range
- Yes
- Refrigerator
- Yes
Walls - Interior
- Sheetrock
- Yes
Flooring
- Carpet
- Yes
- Wood
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Heating
- Electric
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick Veneer
- Yes
- Other
- Yes
- See Remarks
- Yes
Water Heater
- Electric
- Yes
Available Documents
- APOD
- Yes
- Marketing Package
- Yes
- Pro Forma
- Yes
Approx Age Code
- Under 25 Years
- Yes
Parking Spaces
- 1 Space Unit
- Yes
Documents
Document ›
Listing Office:
Sawyer Real Estate, Inc. Of Ms.
Listing Agent:
Brian P Bolis
Last Updated: November - 14 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.