23110 N Hwy 35 new Save Request In-Person Tour Request Virtual Tour
Batesville,MS 38606
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $266
Subdivision Metes And Bounds
MLS Listing ID 4113153
Bedrooms 21
Full Baths 14
Annual Tax Amount $436
Lot Size 8.800 Acres
Property Description
Discover an exceptional investment opportunity at 23110 Hwy 35 N, Batesville, MS, strategically located just minutes from I-55 for easy access to Memphis and Oxford, and a short drive to the recreational haven of Sardis Lake, perfect for fishing, boating, and outdoor adventures. This versatile property spans 8.8 acres and features 6 mobile homes and 1 house, currently generating a steady rental income of $850 per unit per month.
With its prime location and ample space, this property offers tremendous potential for conversion into a campground, capitalizing on the influx of visitors to Sardis Lake and the convenience of I-55 connectivity. Alternatively, continue to enjoy the reliable income stream from existing rentals or explore further development for additional income-producing opportunities. The property's layout and infrastructure provide a solid foundation for investors or developers looking to maximize returns in a high-demand area.
Location
State MS
County Panola
Community Airport/Runway,Boating,Fishing,Hiking/Walking Trails,Lake,Restaurant,Rv Parking,Rv/Boat Storage
Rooms
Other Rooms Mobile Home
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature RV Hookup
Parking Features Gravel,RV Access/Parking
Community Features Airport/Runway,Boating,Fishing,Hiking/Walking Trails,Lake,Restaurant,RV Parking,RV/Boat Storage
Utilities Available Electricity Connected,Propane Available,Water Connected
Roof Type Asphalt Shingle,Metal
Building
Foundation Conventional,Pillar/Post/Pier
Sewer Aerobic Septic,Waste Treatment Plant
Water Well
Structure Type RV Hookup
New Construction No