14 N Third St - United States Post Office Bay Springs, MS
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14 N Third St - United States Post Office Bay Springs, MS
3,990 SF Specialty Building Offered at $265,000 at a 6.42% Cap Rate in Bay Springs, MS 39422
Investment Highlights
- County seat post office
- Long term lease
- upgrades completed in 2024 of over $54,000
Executive Summary
Bay Springs, MS Post Office for sale. Over $54,000 worth of upgrades to the building by the current owners completed in 2024.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $265,000 | Building Class | B |
| Price Per SF | $66 | Lot Size | 1.20 AC |
| Sale Type | Investment | Building Size | 3,990 SF |
| Cap Rate | 6.42% | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1964/2024 |
| Property Subtype | Post Office |
| Price | $265,000 |
| Price Per SF | $66 |
| Sale Type | Investment |
| Cap Rate | 6.42% |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | B |
| Lot Size | 1.20 AC |
| Building Size | 3,990 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2024 |
Amenities
- Signage
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zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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14 N Third St - United States Post Office Bay Springs, MS
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