3 PROPERTY PORTFOLIO IN MISSISSIPPI 

SALE PRICE - $3.5 Million


Future Value $4.2Million - $4.5 Million
$700K to $1 Million in Upside 

111 Units (69 rented) Ellisville, MS

101 Deason St, Ellisville, MS


NRSF: 13,250 

Occupancy: 62%

January 1st 2023 - March 22, 2023 Rent $20,651

Annualized Gross: $82,604

35% Expense NOI: $53,692

GROSS POTENTIAL MONTHLY: $9,240

Annualized $110,880

30% Exp NOI: $77,616 

@7CAP = $1,1 MILLION

Gross Potential Monthly rent: $9,240
Gross Potential Annualrent: $110,880
 
 

128 Unit Self Storage Facility in Hattiesburg - New Roof - New Pavement - New Paint


NRSF: 19,915

Occupancy: 66%

Jan1/23 - March 22/23 Rent : $21,723

Annualized Gross: $86,892

GROSS POTENTIAL MONTHLY: $11,410

Annualized $136,920 

35% Exp NOI: $88,998

@7CAP = $1,365,000

UNIT MIX 


 
 
 

113 Unit Self Storage in Laurel, MS 

103 self storage  & 10 office spaces

Total sqft (Office space) 11,320 

Total sqft (Self Storage) 18,300

Occupancy: 91%

Jan 1/23 - March 22/23 Rent : $48,804

Annualized Gross: $195,216

30% Expense NOI: $110,602

GROSS POTENTIAL MONTHLY: $17,112

Annualized $205,342 

35% Exp NOI: $126,890

@7CAP = $2,025,000

GROSS TOTAL OFFICE SPACE

Monthly: $6,410 

ANNUAL: $76,920


GROSS TOTAL STORAGE SPACE

Monthly: $10,701 

ANNUAL: $128,412

 

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