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19023 Pineville Road, Long Beach, MS 39560 (MLS# 3323984)

19023 Pineville Road, Long Beach, MS 39560

$1,070,000
Property Type: Res Income Multi-Fam Square Footage: 12,750 Lot Size (sq. ft.): 98,010 Status: Closed
Current Price: $1,150,000 List Date: 8/19/2017 Last Modified: 11/14/2024

Description

19 fully occupied units in 9 buildings, 9 2/2 units, 10 1/1 units, one storage building. Combination of brick and vinyl sided buildings, most have tile flooring, upscale cabinetry, fully applianced. Each unit has a private court yard in rear with it's own storage shed. All units in great condition. Property has large nicely landscaped green spaces. A very nice complex always fully occupied - several long term residents. VERY STABLE NVESTMENT.

More Information MLS# 3323984

Address and Location Information

Parcel Number: 0612c-01-014.000 Directions to Property: from Railroad st in long beach head north on klondyke to pineville rd. pineville gardens is just north of west old pass rd on west side of st. N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 19023 Street Name: Pineville Street Suffix: Road County: Harrison State: MS Zip Code: 39560 Subdivision: Metes And Bounds

General Property Information

# of Units Included in Sale: 19 Approx Lot Size Acres: 2.25 Lot Size Dimensions: 112x544x280x457 SqFt Source: Owner List Price/SqFt: 90.19 Year Built Source: Public Records Furnished: No Complex Name: Pineville Gardens Approx H/C SqFt: 12750 Year Built: 2009

Tax and Financial Information

Tax Annual Amount: 13000 Zoning: Multi-Family & Duplex Flood Insurance Required?: No Annual Home Insurance: 10754 Legal Description: DR: 2006-0008155-D-J1 09/13/2006-WD BEG AT INTER OF W MAR OF PINEVILLE RD & N LINE OF SEC 14 W ALONG SEC LINE 300 FT S 5

Remarks & Miscellaneous

Public Remarks: 19 fully occupied units in 9 buildings, 9 2/2 units, 10 1/1 units, one storage building. Combination of brick and vinyl sided buildings, most have tile flooring, upscale cabinetry, fully applianced. Each unit has a private court yard in rear with it's own storage shed. All units in great condition. Property has large nicely landscaped green spaces. A very nice complex always fully occupied - several long term residents. VERY STABLE NVESTMENT.

Status Change Info

Appraised SqFt: 12500 Sold Price/SqFt: 83.92 Contract Date/Pending Date: 2018-01-17 Closing Date: 2018-01-17

Income & Expenses

Annual Net Income: 114899 Gross Operating Income: 152563

Covenants And Restrictions

Restrictive Covenants: 1

Additional Type Details

Apartment Complex: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1 SBA: 1

Interior Features

Storage: 1

Owner Pays

Exterior Maintenance: 1 Grounds Care: 1 Insurance: 1 Repairs: 1 Taxes: 1

Tenant Pays

All Utilities: 1 Cooling: 1 Deposit: 1 Electricity: 1 Heating: 1 Sewer: 1 Trash Collection: 1 Water: 1

Furnished

Unfurnished: 1

Appliances

Dishwasher: 1 Disposal: 1 Oven: 1 Range: 1 Refrigerator: 1

Walls - Interior

Sheetrock: 1

Flooring

Carpet: 1 Ceramic Tile: 1

Laundry Features

Washer Hookup: 1 Other: 1

Cooling

Central Air: 1 Electric: 1

Heating

Electric: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick Veneer: 1 Other: 1 See Remarks: 1

Parking Features

Assigned: 1

Community Features

Shopping Nearby: 1

Water Heater

Electric: 1

Available Documents

Cash Flow Analysis: 1 Leases: 1 Maps: 1

Approx Age Code

Under 25 Years: 1

Parking Spaces

2 Space Unit: 1

Lease Term

12 Months: 1

Listing Information

Status: Closed List Date: 2017-08-18 List Price: $1,150,000 Current Price: $1,070,000

Property Features

Additional Type Details: Apartment Complex Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Taxes Tenant Pays: All Utilities; Cooling; Deposit; Electricity; Heating; Sewer; Trash Collection; Water Covenants And Restrictions: Restrictive Covenants Furnished: Unfurnished Interior Features: Storage Appliances: Dishwasher; Disposal; Oven; Range; Refrigerator Walls - Interior: Sheetrock Flooring: Carpet; Ceramic Tile Laundry Features: Washer Hookup; Other Cooling: Central Air; Electric Heating: Electric Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional; SBA Parking Features: Assigned Community Features: Shopping Nearby Water Heater: Electric Lease Term: 12 Months Approx Age Code: Under 25 Years Parking Spaces: 2 Space Unit Available Documents: Cash Flow Analysis; Leases; Maps
Listing Office: Southern Way Realty
Listing Agent: Alain Harpin
Last Updated: November - 14 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.