1533 UNIVERSITY AVE

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1533 UNIVERSITY AVE

OXFORD, MS 38655
Asking Price
$3.50M
Asset Type
Shopping Center Retail
Class
Class B

What's Special

High-Visibility Corner Asset | 100% Occupied | Income + Redevelopment Potential <p><strong>Premier Hard Corner Location</strong> – Positioned at the signalized intersection of University Ave & South 16th St, one of Oxford’s most trafficked corridors, just 0.5 miles from the Square and ~1 mile to Ole Miss</p><p><strong>100% Occupied Retail Strip</strong> – Fully leased asset with a diverse mix of service-oriented tenants providing stable, in-place cash flow</p><p><strong>Strong In-Place Income</strong> – Current annual rental income of approximately <strong>$209,719</strong>

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times