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Columbus Apartments, 12-Unit CASH ONLY 1301 20th St N 12 Unit Apartment Building $485,615 CAD ($40,468 CAD/Unit) 12.50% Cap Rate Columbus, MS 39701
Investment Highlights
- Most affordable apartments in the area, low vacancy.
- Excellent investment for absentee owner, national investor or owner-occupant
- In-place property management company at 10%
Executive Summary
Amazing 12-unit investment, only 2 vacant units. Renovated units are renting for $550. Don't miss this value-add opportunity to continue renovating units and increase rents. 6 units renovated, only 6 remain. CASH ONLY sale for this high performing asset, and earn income on day one. In-place property management company at 10%. Excellent investment for absentee owner, national investor or owner-occupant. No seller-financing available.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Porch
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $607.02 CAD | - |
1 1
Property Taxes
| Parcel Number | 56W19-02-03100 | Total Assessment | $23,585 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
56W19-02-03100
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$23,585 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Photos
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Presented by
DB Properties I LLC
Columbus Apartments, 12-Unit CASH ONLY | 1301 20th St N
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