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Search Land - 1.2 Acres with Apartment Complex in Sunflower County at 502 Dorsett Drive in Indianola, MS

1.2 Acres with Apartment Complex in Sunflower County at 502 Dorsett Drive in Indianola, MS

$1,595,000
502 Dorsett Drive, Indianola, MS
Status: Active
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Property Type
Condo/Townhome
Acreage
1.2 acres
County
Sunflower, MS
Format
Sale
Features
Development Potential
Electricity
Hwy-County Rd Frontage
List Date
Apr 14, 2022
Documents
502 Dorsett (EL) 2.12.24
Description
REDUCED!! This 24 Unit Apartment Complex at Oak Manor in Indianola, MS, located in the heart of the Delta, is primed and ready to go to work for you! Each of the two buildings consist of four one bedroom units currently renting for $625 and eight two bedroom units renting for $775. Recently renovated down to the studs of each unit, this property offers all the amenities your tenants will love, from stainless steel appliances, granite, and concrete countertops, brand new walls, tile floors, and completely new HVAC equipment. There is no other property in this condition in the area. The demand for rental units in Indianola is extremely high, and the quality supply is almost nonexistent. Crank this cash flow machine up and let it get to work!
Listing Agent
Emerson Lovelace
Co-Op Member Owner
Tom Smith Land and Homes
Cleveland, Mississippi
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