Hwy 49 South, Magee, MS, Simpson County

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Hwy 49 South, Magee, MS, Simpson County

Magee, MS 39111
Asking Price
$385K
Asset Type
Commercial Industrial
Class
Class B

What's Special

LOCATION LOCATION! 13.3 Ac (MOL) Highway 49 South in Magee, MS <p>*13.3 acres (MOL) located just off of Hwy 49 South in Magee,</p><p>*Located at newly reconstructed intersection with traffic light across from Shell on Hwy 49 North.</p><p>*Convenient for Hwy 49 travelers, local residents, tons of ball park traffic, schools, hospitals, etc.</p><p>*Will sell all or part in agreement with all parties</p><p>*PPINs 15273 (1.50 ac mol), PPIN 15272 (7.10 ac mol), PPIN15271 (3.8 ac mol), PPIN 15269 (.90 ac mol)</p>

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NOI
$80,000
Cap Rate
20.78%
DSCR
3.50
Strong
Cash-on-Cash
49.47%
Monthly Payment
$1,904.77
Annual Cash Flow
$57,142.761

Location & Travel Times