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980 Motsie Road
Biloxi, MS 39532
Asking Price
$3.90M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Industrial | 53,600 SqFt <ul><li>Yard area is fully fenced, secured and lit.</li><li>Yard base is asphalt, gravel and road mix.</li><li>I-10 frontage is 100% landscaped</li><li>Pylon signage on I-10 and at the intersection of Motsie Road and Popp's Ferry Road.</li><li>General Shop - 20' Clear Height. Existing floor drains. (2) 5 ton cranes and (2) 2 ton cranes. Crane clear height 14'6" under hook.</li><li>Truck Maintenance Building - 22' Clear Height. 7 drive through bays. Mechanic pit. 15 Grade level 14' x 16' OH
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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.95%
Monthly Payment
$19,295.072
Annual Cash Flow
$-151,540.865
