2298 Edwards St, Hattiesburg, MS 39401

Commercial

Property Status: Not Available (Wholesale) |  Not Available: $875,000.00


Property Photos


Great Storage Unit facility with upside! 128 Units – Less than $44 per sq ft!


Property Status:
This Property is currently...
  • Status: Not Available (Wholesale)
  • Not Available: $875,000.00
Property Details:
Commercial
Property Style:
5+ Units
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
We Offer Options INC
(801) 865-4167

View on Individual's Website
Property Description:
Storage Units for Sale
128 Units – Less than $44 per sq ft!
2298 Edwards Street
Hattiesburg MS 39401

Purchase price - $875,000
Terms: Cash/Hard or Private Money
Bank financing is allowed on this one for an additional $25K

The population of Hattiesburg – 46,000
Has new roof and resurfaced the roads – spent over $90,000
Has office
No fencing
No gate
No cameras
Built-in 1955/renovated in 2006
Lot size 2.5 acres
Price/sq ft - $44
Rentable Sq ft – 19,915
Vacant – 13 units
Unrentable – 25 units (These need work. Some doors, hinges, tracks, locks etc.)
Total rehab - $50,000 includes fixing all unrentable units and paint the facility. Some fascia
and soffit work also needs to be completed.

Value Add: Fix unrentable units and get them rented. Get occupancy to 92%. Get all rents to
web rate or market rental rates.

Please contact Rebecca Jensen for the full OM  801-865-4167

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Utah Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Utah Real Estate Investors Association
  • (801) 810-4385
  • P.O. Box 1168
  • West Jordan, UT 84088

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