27 Acres in Jayess, MS - $269,000
Great investment property situated on approximately 27 acres with frontage on 2 paved roads. Property produces over $40,000 of rental income per year. Each unit has its own septic system and power meter. Landlord pays for only the water, which is community water. There is a gravel road system through the property and room to add approx 7-10 more units. Rates of return on this investment are very good. The units include (3) 14x70 singlewide mobile homes, (1) 12x60 mobile home, (1) 14x90 mobile home, (1) 12x70 mobile home, (1) 28x72 completely remodeled mobile home, and (2) 1200 sq ft houses. There is also a 30x60 metal shop building with concrete flooring. Current owners are living in the 28x72 doublewide which is 3 or 4 BR, 2 BA and has 2 layers of 3/4" plywood flooring, ceramic countertops and floors, vaulted ceilings, all new appliances, 4 ton central heat and air unit, 8 ceiling fans,...
Great investment property situated on approximately 27 acres with frontage on 2 paved roads. Property produces over $40,000 of rental income per year. Each unit has its own septic system and power meter. Landlord pays for only the water, which is community water. There is a gravel road system through the property and room to add approx 7-10 more units. Rates of return on this investment are very good. The units include (3) 14x70 singlewide mobile homes, (1) 12x60 mobile home, (1) 14x90 mobile home, (1) 12x70 mobile home, (1) 28x72 completely remodeled mobile home, and (2) 1200 sq ft houses. There is also a 30x60 metal shop building with concrete flooring. Current owners are living in the 28x72 doublewide which is 3 or 4 BR, 2 BA and has 2 layers of 3/4" plywood flooring, ceramic countertops and floors, vaulted ceilings, all new appliances, 4 ton central heat and air unit, 8 ceiling fans, and a 12x30 covered back porch overlooking pond.
