USAMSWavelandMetes & Bounds916 Old Spanish Trl

916 Old Spanish Trl, Waveland, MS

House

For Sale

Listed price in listed location currency (USD).

$1,700,000

420

MLS® 4165683

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 1150 sqft

Garage

Taxes $8,999

Days Active 3

Lot Size 2.5 Acres

Approx. Age 2005

Avg. Price Per Sqft $1,478

MLS® Number 4165683

Property Address: 916 Old Spanish Trl, Waveland, MS, 39576-2404

Average square foot calculated using Size range provided by listing agent.

Description

27 lot Mobile Home Park. 100% Never unoccupied lots. Seller Finance Available. 22 tenant owned mobile homes, 5 parked owned homes. (4) 2005 16x80 and (1) 14x70. Can convert all 5 park owned units to lease to own contracts for $25, 000 to $30, 000 each. Nearly $140, 000of lease owned contracts remain for maturity. Annual land taxes are $9, 100. $372, 369 building value tax accessed. Once all mobile homes are placed in tenants' name, taxes will reduce by 75%. Dumpster expenses are $7, 200 and water and sewer $14, 000 annually. No other expenses. Road needs work. I have a $28, 000 awarded judgement against asphalt company that I need to pursue collection. When the road was new, mostly visitors would speed. Pot holes "good" keeps traffic slow..10 additional acres can be purchased for expansion

MLS® Number4165683

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2005

Basement

DrivewayAssigned

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Map

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