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1500 N Archusa Ave

36 Unit Block of Flats £2,431,671 (£67,546/Unit) Quitman, MS 39355

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Investment Highlights

The apartments are very spacious and it is located on a gorgeous 5.60 acres. It is down the road from Clarko State Park and close to schools.

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	$99,999	$9.99
Operating Expenses	$99,999	$9.99
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	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	£2,431,671	Building Class	C
Price Per Unit	£67,546	Lot Size	5.60 AC
Sale Type	Investment	Building Size	39,950 SF
No. Units	36	Number of Floors	2
Property Type	Residential	Year Built	1983
Property Subtype	Apartment	Parking Ratio	1.5/1,000 SF
Apartment Style	Garden

Price	£2,431,671
Price Per Unit	£67,546
Sale Type	Investment
No. Units	36
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	5.60 AC
Building Size	39,950 SF
Number of Floors	2
Year Built	1983
Parking Ratio	1.5/1,000 SF

Unit Amenities

Air Conditioning
Storage Space

Heating

Kitchen

Freezer

Site Amenities

Fenced Lot

Laundry Facilities

Storage Space

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
1+1	12	-	-
3+2	24	-	-

1 of 1

aerial
map

1500 N Archusa Ave, Quitman, MS - aerial map view - Image1

1500 N Archusa Ave, Quitman, MS - aerial map view - Image2

1500 N Archusa Ave, Quitman, MS - aerial map view - Image3

1500 N Archusa Ave, Quitman, MS - aerial map view - Image4

1500 N Archusa Ave, Quitman, MS - aerial map view - Image5

1500 N Archusa Ave, Quitman, MS - aerial map view - Image6

1500 N Archusa Ave, Quitman, MS - aerial map view - Image7

PROPERTY TAXES

Parcel Number	082A-35-00-003.01	Total Assessment	£52,243 (2024)
Land Assessment	£0 (2024)	Annual Taxes	-£1 (£0.00/sf)
Improvements Assessment	£0 (2024)	Tax Year	2023 Payable 8000