202 Melton Rd Beulah, MS 38724
- Commercial real estate
- 1.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 202 Melton Rd
- Lot size
- 1.21 lot acres
- Property type
- Commercial real estate
Description
Exceptional investment opportunity awaits at 202 Melton Rd, Beulah, Mississippi. This multifamily property, listed at $80,000, is situated on a spacious 1.21-acre lot. The property comprises seven trailers, offering a strong potential for rental income. Five of the trailers are currently involved in lease-to-own agreements, each generating $250.20 monthly. Six of the trailers feature two bedrooms and one bathroom, while one offers three bedrooms and two bathrooms. This convenient location offers proximity to a gas station/convenience store with grocery options, enhancing tenant appeal and potentially reducing vacancy rates. Tenants are responsible for their own utilities
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
- Beulah
- County
- Bolivar
- State
- Mississippi
- Longitude
- -90.9798285
- Latitude
- 33.7867774