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2575 Old Highway 24
Hattiesburg, MS 39402
Asking Price
$325K
Asset Type
Residential Office
Class
Class B
What's Special
Potential Flex Creative Space in Heart of Oak Grove <h2><strong>Investment Highlights | 2575 Old Hwy 24</strong></h2><p></p><p><strong>Location + Growth Context</strong></p><ul><li><strong>Emerging Retail Corridor</strong></li><li>Positioned near the <strong>major 4-way stop at Old Hwy 24 & Old Hwy 11</strong>, an area experiencing <strong>increasing commercial activity and service-based demand</strong>.</li><li><strong>Traffic Exposure (AADT Estimates)</strong></li><li>Approximate traffic counts:</li><li>→ <strong>Old Hwy 24: ~12,000 AADT</
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NOI
$80,000
Cap Rate
24.62%
DSCR
4.15
Strong
Cash-on-Cash
62.26%
Monthly Payment
$1,607.923
Annual Cash Flow
$60,704.928
