6305 Us 80 Morton, MS 39117
- Retail properties
- 4,300 SF
- 0.69 lot acres
Current Use by Public Records
- Retail properties
Property Details for 6305 Us 80
- Year built
- 1995
- Lot size
- 0.69 lot acres
- Property size
- 4,300 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 4,300 square foot retail property located at 6305 US 80 in Morton, Mississippi. Situated on a 0.69-acre lot, this property boasts a 33-unit non-climate-controlled storage facility currently operating at 98% occupancy. This impressive occupancy rate translates to a strong and consistent cash flow, making it an attractive proposition for investors seeking immediate returns. The asking price of $219,000 is listed below appraisal, presenting a significant value proposition for the discerning buyer. The property's prime location on US 80 ensures high visibility and accessibility, further enhancing its appeal to potential tenants and maximizing its earning potential. This is a turnkey operation, requiring minimal management oversight, ideal for passive income generation. The existing tenant base provides a stable foundation for continued success, and the high occupancy rate minimizes vacancy risks. This presents a rare opportunity to acquire a well-established, profitable business in a desirable location at a price point below market value. The property's size and configuration offer flexibility for potential expansion or adaptation to meet evolving market demands. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Financial statements and further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morton
- County
- Scott
- State
- Mississippi
- Longitude
- -89.6287
- Latitude
- 32.3526
