916 Old Spanish Trail, Waveland, MS 39576

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  • 916 Old Spanish Trail, Waveland, MS 39576 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,150 MLS#4165683
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMetes And Bounds

Property Description

Text for Financial Spread Sheet. 27 lot Mobile Home Park. Never unoccupied lots. 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 $160,000 of 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 is in bad shape. I have a $28,000 awarded judgement against asphalt company that I need to pursue collection. 10 additional acres can be purchased with the mobile home park for expansion

916 Old Spanish Trail | MLS# 4165683

This multi-family property located at 916 Old Spanish Trail, Waveland, MS 39576 is currently listed for sale with an asking price of $1,700,000. Search Waveland real estate on www.mozingoauctions.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 2.50 Acres
Roof Type: Metal
Taxes: $8,999
Year Built: 2005

Feature Descriptions

Days on Site: 1
Parcel#: 138q-0-34-083.000
Pets Allowed: Size Limit
Sewer: Public Sewer
Units: 27
Water: Public
Water Features: None

Listed By / Shown By

Listed By

Agency Name: Robert Joely White, Broker

Shown By

Agency Title: Mozingo Real Estate & Auction, Inc.
Agency Phone: 2288963400

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Estimated Payment

$ 5,029.21 per month $3,783.46 Principal & Interest $749.92 Property Tax $495.83 Homeowner's Insurance

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