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For sale
  • $3,000,000

    Homes Portfolio 100 Doors, Grenada, MS 38901

    0beds
    0baths
    --sqft
    : 
    Single Family Residence
    Built in ----
    9,999 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    MOTIVATED SELLER! Would Consider Owner Financing with a Large Down Payment ($1,000,000.) CASH TALKS! ONLY INTERESTED in END BUYERS, NO WHOLESALERS PLEASE! RENT for 2024 averaged 42k per month according to the records. (ALL RECORDS ARE KEPT ON LEDGERS "OLD SCHOOL") COME VISIT US IN PERSON TO LOOK AT THE BOOKS.. NO DIGITAL COPIES AVAILABLE..The city has experienced a marked increase in employment,with 900 new jobs not yet announced and other local companies relocating up to 1,800 employees to Grenada. Grenada has also benefited from industrial developments of $550+ million along with several million in federal grants and state tax credits for the local economy. For the first time in over 30 years, this 135-door rental portfolio in Grenada, MS, is available for purchase! Owned and managed by the same family for decades, this collection of single-family homes, duplexes, and apartment units has been a proven income producer. Now, the owners are ready to pass it along to the next investor to continue its success.This portfolio is already cash-flowing with significant upside potential. With strategic renovations and updates, there is an opportunity to increase rental rates, boost ROI, and maximize long-term value. Whether you're an experienced investor or looking to scale your rental holdings, this is a rare chance to acquire a well-established portfolio in a growing market.THESE HOMES VARY IN CONDITION FROM GOOD TO DILAPIDATED. APPROXIMATELY 85 +/- PAYING RENT BUT, MANY MORE COULD BE PUT ONLINE WITH REPAIRS. (CURRENT RENT ARE VERY LOW AND COULD EASILY BE INCREASED).. CALL LISTING BROKERAGE FOR MORE INFO
    188 days
    on Zillow
    |
    108
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 10, 2025 at 07:49am

    Listed by:

    662-229-7003,

    Coltmor Realty Co. 662-229-7003

    Source: My State MLS,MLS#: 11418296
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of Homes Portfolio 100 Doors.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Basement
    • Area: 0
    Heating
    • Has Heating (Unspecified Type)
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0
    Video & virtual tour

    Property

    Lot
    • Size: 9,999 Square Feet
    Details
    • Lease amount: $0

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 0

    Utilities & green energy

    • Electric: Amps(0)
    • Sewer: Municipal
    • Water: Municipal

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Grenada

    Financial & listing details

    • Date on market: 1/31/2025
    • Date available: 01/31/2025
    • Listing agreement: Exclusive
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