Rare opportunity to acquire a 31-property investment package consisting of the Red Bud & Old Oak Portfolio along w/additional income producing commercial building located at 5069 N Raymond St. The residential portfolio includes 30 single-family homes comprised primarily of newer construction 2-bedroom, 2-bath properties along with a mix of one-bedroom units, a three-bedroom home, and two efficiency-style properties. Many of the homes have been built within the last 10 years and feature durable construction including brick exteriors and metal roofs. The properties offer strong in-place income with additional upside potential through rent increases to market levels. Utilities are primarily tenant paid providing operational efficiency for ownership.
Listed By
Agency Name: eXp Realty LLC
Agency Phone: (601) 455-0101
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
5069 N Raymond Ave. | MLS# 26-1171
This commercial property located at 5069 N Raymond Ave., Verona, MS 38879 is currently listed for sale with an asking price of $3,680,000. Search Verona real estate on www.crye-leike.com today.