$349,000 FOR 10 UNITS
92%+ CAP RATE
Hattiesburg, Mississippi
2 EACH 4 UNIT BUILDINGS AND ONE 2 UNIT BUILDING
$55,000 IN GROSS RENTAL INCOME
ANNUAL EXPENSES IN 2006, $17,402
ESTIMATED ANNUAL NET PROFIT $37,598
UNITS INCLUDE REFRIGERATOR
UNITS ARE IN GOOD CONDITION
___________________________
102 Hall Ave. Apartments – Hattiesburg, MS.
2006 P and L Statement
Rental Income $43,730 $3,644________________________________________________
Expenses:
NET: $26,328 $ 2,194
