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121 Public Sq
3,600 SF 100% Leased Retail Building Batesville, MS 38606 $423,235 CAD ($118 CAD/SF) 8.03% Cap Rate
Investment Highlights
- Income-Producing Property in Downtown Batesville! NET Income (AFTER tax/insurance/water) is Over $24,000 Annually!
Executive Summary
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$33,960
|
$9.43
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $33,960 |
| Annual Per SF | $9.43 |
Property Facts
Amenities
- Signage
About 121 Public Sq , Batesville, MS 38606
Excellent Investment Property with Four Great Rentals in Mint Condition! This beautiful building on the Batesville Square is home to Dale Copeland's Jewelry Store downstairs & a newly remodeled office space directly behind it with a kitchen and full bath, which could easily serve as an apartment instead. Upstairs there are two very nice one-bedroom apartments that have also been remodeled in recent years. The property has added appeal with walking distance to two great eateries ~ Honeybee Coffee Cupboard & Court Street Patio! The apartments all have refrigerators & stoves, but no washers & dryers are needed with Smith Cleaners AND Smith Coin Laundry just across the parking lot. The seller recently painted and put in new flooring in the apartments, and there's a super-high demand for nice residential rentals in Batesville. Roof & HVAC units were all recently replaced, too. Note: Dale Copeland Jeweler has been in business over 40 years and plans to be there for many years to come! Annual Taxes ~ $1,951 ~ At Current Rent Rates when Fully Rented, the NET Income (AFTER tax/insurance/water) is Over $24,000 Annually
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Copeland Dale Jeweler
- -
- 800 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Copeland Dale Jeweler | - | 800 SF | - | - |
PROPERTY TAXES
| Parcel Number | 3183R0000100-160000500 | Improvements Assessment | $17,575 CAD |
| Land Assessment | $958 CAD | Total Assessment | $18,533 CAD |
PROPERTY TAXES
-
Molly Hawkins -
Landhawk Realty, LLC
Presented by
121 Public Sq
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