1015 West Pine St Hattiesburg, MS 39401

Don't miss this opportunity to invest in a cash-flowing multifamily property within the exciting new "Right Down Broadway" Overlay Project. Per the Hattiesburg Urban Development & Planning Division, nothing needs to be changed or added by the current Owner or a new Owner. Here is the Right Down Broadway Master Plan Landing Page for further information: https://www.hattiesburgms.com/broadway/ This is the first time the property has been on the market in six years. For the risk-averse, a long-term Corporate Tenant leasing 12 units provides further stability & risk reduction. The lease has been in place for more than 6 years & current Owners have maintained the contract on good terms for all 6 years of their ownership. Gross Income, Rent Rolls & Total Operating Expense are available to qualified Buyers with a signed Confidentiality Agreement, I am happy to provide floorplans, photos, etc. Owners can substantiate Trailing NOI (Cap Rate 6.78) & Stabilized NOI (Cap Rate 8.85) Owner Financing & Leaseback are not offered by the Seller Property Manager does not live on-site; at least a 24-hour notice is required for showings Best Ways to Reach Me: (985)264-5342 or [email protected]