2106 Old Hwy 42

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2106 Old Hwy 42

Hattiesburg, MS 39401
Asking Price
$369K
Asset Type
Industrial
Class
Class B

What's Special

Prime Location, 3.25 Acre with Office Building <p><span style="color: rgba(0, 0, 0, 1)"> Prime Industrial Zoned Commercial Real Estate Available! 3.25 acres and 338' of road frontage on highly traveled (12,000 daily per MDOT) Old Hwy 42 with multiple ingress/ egress options for trucks, deliveries, etc. Complete with a fully functionable 900+- sqft office building which includes 2 offices, 1 bathroom, and an equipment room- exterior storage building, washing station with electricity, fencing, gravel and paved parking; this I-1 property is rea

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NOI
$80,000
Cap Rate
21.68%
DSCR
3.65
Strong
Cash-on-Cash
52.48%
Monthly Payment
$1,825.611
Annual Cash Flow
$58,092.672

Location & Travel Times