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925 S Theobald St

20 Unit Apartment Building $708,734 CAD ($35,437 CAD/Unit) 20% Cap Rate Greenville, MS 38701

Apartment Buildings Mississippi Greenville 925 S Theobald St, Greenville, MS 38701

Investment Highlights

  • Fully Vacant.
  • FIXER UPPER.
  • Easy to Manage Once is Ready.

Executive Summary

REO Amazing Opportunity for the Right Investor! FIXER UPPER! Ready to Rehab!
GREAT AFTER REPAIR VALUE OR GREAT CASH FLOW IF YOU DECIDE TO BUY AND HOLD. LOW EXPENSES. SEPARATE ELECTRIC METERS. CITY WATER & SEWER.
Low Expenses: Water $750, Dumpster $180, Taxes $533, Landscaping and maintenance $2,000.

Attachments

925 S Theobald St, Greenville, MS

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $408,231 $15.62
Other Income - -
Vacancy Loss - -
Effective Gross Income $408,231 $15.62
Taxes $9,066 $0.35
Operating Expenses $5,812 $0.22
Total Expenses $14,878 $0.57
Net Operating Income $393,354 $15.05

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual $408,231
Annual Per SF $15.62
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $408,231
Annual Per SF $15.62
Taxes (CAD)
Annual $9,066
Annual Per SF $0.35
Operating Expenses (CAD)
Annual $5,812
Annual Per SF $0.22
Total Expenses (CAD)
Annual $14,878
Annual Per SF $0.57
Net Operating Income (CAD)
Annual $393,354
Annual Per SF $15.05

Property Facts

Price $708,734 CAD Apartment Style Low Rise
Price Per Unit $35,437 CAD Building Class C
Sale Type Investment Lot Size 0.60 AC
Cap Rate 20% Building Size 26,136 SF
Sale Conditions
Distress Sale
  • REO Sale
 Average Occupancy 0%
No. Units 20 No. Stories 2
Property Type Multifamily Year Built 1979
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $708,734 CAD
Price Per Unit $35,437 CAD
Sale Type Investment
Cap Rate 20%
Sale Conditions
Distress Sale
  • REO Sale
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.60 AC
Building Size 26,136 SF
Average Occupancy 0%
No. Stories 2
Year Built 1979
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 20 $1,558 CAD 862
1 of 1

PROPERTY TAXES

Parcel Number 16735000000 Total Assessment $46,377 CAD
Land Assessment $0 CAD Annual Taxes $9,066 CAD ($0.35 CAD/SF)
Improvements Assessment $0 CAD Tax Year 2024

PROPERTY TAXES

Parcel Number
16735000000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$46,377 CAD
Annual Taxes
$9,066 CAD ($0.35 CAD/SF)
Tax Year
2024

zoning

Zoning Code MultiFamily (LOCATED IN THE HEART OF MISSISSIPPI, MINUTES AWAY FROM LAKE FERGUSON AND DOWNTOWN GREENSVILE. Opportunity Zone - Section 8 Eligible.)
MultiFamily (LOCATED IN THE HEART OF MISSISSIPPI, MINUTES AWAY FROM LAKE FERGUSON AND DOWNTOWN GREENSVILE. Opportunity Zone - Section 8 Eligible.)
(754) 202-2419

Contacts

  • Listing ID: 33329926

  • Date on Market: 2024-09-27

  • Last Updated:

  • Address: 925 S Theobald St, Greenville, MS 38701

The Multifamily Property at 925 S Theobald St, Greenville, MS 38701 is currently available for sale. Contact Real Pro, Inc for more information.

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925 S Theobald St
(754) 202-2419 x

925 S Theobald St

1/2

Mary Batista

(754) 202-2419

(754) 202-2419

Yennifer Cooper

(754) 732-2035

(754) 732-2035

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