Excellent value-add potential with price well-justified at 10% cap rate and current market rents. Large warehouse is 17,000 square feet and owner occupied. Second commercial building is 2,000 square feet. Third commercial building is 1,000 square feet with a roughly 200 square foot detached office. A fourth lot has utilities and is ready for another commercial building. The property also features three income-producing billboards. With the Tillery subdivision nearby, the large warehouse would make an excellent candidate for development into storage units or sport vehicle storage.
MISSISSIPPI RECREATIONAL RENTAL INVESTMENT OPPORTUNITY! This property has the potential to become one of MISSISSIPPI'S MOST BEAUTIFUL CAMPGROUNDS! An investor has the opportunity to include activities such as canoeing, biking, fishing, swimming, and much much more. INTERSTATE FRONTAGE on I-59 NorthBound at Exit 78 with HIGH Visibility and HIGH Traffic Count. Property includes 14 +/- ACRES with OPPORTUNITY to purchase up to 50 +/- ACRES. The property includes RV Park with 26 sites. All RV sites are full hookups with 30 and 50 amp. Property also includes a bathhouse and laundry facilities. Three individual short term rentals that are on AIRBNB. These three rentals are centrally located on the property and could be converted to a convenience/gas station to serve the RV Park and Community!
Moselle is located in Mississippi. Moselle, Mississippi has a population of 287. Moselle is more family-centric than the surrounding county with 64.87% of the households containing married families with children. The county average for households married with children is 29.09%.
The median household income for the surrounding county is $43,659 compared to the national median of $69,021. The median age of people living in Moselle is 35.4 years.
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 57.6 inches per year, with 0.2 inches of snow per year.
