1015 W Pine St, Hattiesburg, MS, 39401

About This Home

At only $81.38/SF living area, this 32-unit complex in desirable Flood Zone C is an excellent addition to your investment portfolio. 12 units have been under a corporate contract for more than 6 yrs & the contract has been maintained by same Owners for the past 6 yrs. Property is included in the exciting new "Right Down Broadway" Overlay Project; progressive college town; within City limits with all metro perks; on-site laundry; potential for rent increases. ** (12) 1 BR/1 Bath units & (20) 2 BR/1 Bath units. 14 hot water heaters & 9 central AC units replaced. Metal roof on rear building. ** Gross Income, Rent Rolls, Total Operating Expenses & Cap Rate are available to qualified Buyers. Owners have numbers to substantiate Trailing NOI as well as Stabilized NOI. ** Buyer/Investor must be pre-qualified; no Owner Financing. This is an ongoing business listing so please do not reach out to Tenants. Call me with questions. ** 55-min drive from Picayune & 40 min from Poplarville.