311 Capri Place, 311-314, Ocean Springs, MS 39564 (MLS# 4072356)

311 Capri Place, 311-314, Ocean Springs, MS 39564

$650,000

Property Type: Res Income Multi-Fam Bedrooms: 12 Square Footage: 9,192 Lot Size (sq. ft.): 70,132 Status: Closed

Current Price: $900,000 List Date: 3/02/2024 Last Modified: 11/15/2024

Overview

Description

Excellent income producing property! Beautiful quadplexes with lake view

Listing Details MLS# 4072356

General Property Information

# of Units Included in Sale: 4
Approx Lot Size Acres: 1.61
Approx H/C SqFt: 9192
SqFt Source: Builder
List Price/SqFt: 97.91
Year Built: 2007
Year Built Source: Builder
Garage Spaces: 4
Total Floors: 2
Bedrooms Total: 12
Bathrooms Full: 8
Bathrooms Half: 4
Furnished: No
Pool: No
School District: Ocean Springs Dist
Elementary School: Pecan Park
Accessibility Features: No
Complex Name: Lakeview Townhomes
New Construction: No
Bathrooms Three Quarter: 0

Property Features

Structure Type: Multi Family Architectural Style: Mediterranean Lot Features: Dumpster; Fenced Levels: Two Owner Pays: Association Fees Tenant Pays: Cable TV; Deposit; Electricity Covenants And Restrictions: Homeowner Association Association Fee Includes: Accounting/Legal; Insurance; Maintenance Grounds; Management; Pest Control; Taxes Interior Features: Breakfast Bar; Ceiling Fan(s); Crown Molding; Double Vanity; Entrance Foyer; Granite Counters; High Ceilings; Kitchen Island; Pantry; Primary Downstairs; Recessed Lighting; Wet Bar Special Purpose Rooms: Sitting Room Pets Allowed: Breed Restrictions; Number Limit; Size Limit Kitchen Features: Breakfast Bar; Granite Counters; Kitchen/Family Room View Bathroom Features: Ceramic Tile; Double Vanity; Fiberglass Tub Appliances: Dishwasher; Disposal; Dryer; Free-Standing Electric Oven; Free-Standing Refrigerator; Microwave; Refrigerator; Washer; Washer/Dryer Walls - Interior: Sheetrock Flooring: Ceramic Tile; Vinyl Window Features: Aluminum Frames; Screens; Window Coverings Door Features: Dead Bolt Lock(s); French Doors Laundry Features: Laundry Room Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Utilities: Cable Available; Electricity Connected; Sewer Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional; FHA Roof: Architectural Shingles Exterior Features: Lighting Patio And Porch Features: Front Porch; Patio Fencing: Partial Driveway Features: Paved Drive Parking Features: Common; Garage Faces Front Waterfront Features: Lake Attic Features: Pull Down Stair Unit Water Heater: 40 Gallons or Less Disclosures: Investment Approx Age Code: Under 25 Years Available Documents: Cash Flow Analysis; Leases; Tax Info Unit 1 Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove; Microwave; Refrigerator; Washer; Water Heater - Electric Unit 2 Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove; Microwave; Refrigerator; Washer; Water Heater - Electric Unit 3 Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove; Microwave; Refrigerator; Washer; Water Heater - Electric Unit 4 Appliances: Dishwasher; Disposal; Dryer; Free Standing Stove; Microwave; Refrigerator; Washer; Water Heater - Electric

Address and Location Information

Street Number: 311
Street Name: Capri
Street Suffix: Place
County: Jackson
State: MS
Zip Code: 39564
Unit #: 311-314
Parcel Number: 6-11-92-109.000
Subdivision: Lakeview Townhomes
Directions to Property: hwy 90 west of hwy 57 behind Rib Crib and beside Tractor Supply
N or S of I-10: S
N or S of CSX Railroad Track: N

Listing Information

Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 2812
Tax Year: 2023
Homestead Y/N: No
Homestead Year: 2023
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: Yes
Association Fee: 2208
Association Fee Frequency: Monthly
Covenants Y/N: Yes
Legal Description: UNIT 9,10,11,12 LAKEVIEW TOWNHOMES PB 23-29 (38 MAP787.25-02) DB 1497-597 DB 1543-126

Status Change Info

Contract Date/Pending Date: 2024-03-13
Closing Date: 2024-04-12
Appraised SqFt: 2298
Sold Price/SqFt: 70.71

More Information

Waterfront Features

Waterfront: Yes
Lake: Yes

Showing Requirements

Showing: Appointment Required
Appointment Phone: 228-382-2392

Unit 1

Full Baths: 2
Half Baths: Yes
Number of Rooms: 9
Rent: 1800
Furnished: No
Leased: Yes
Occupied: Yes

Unit 2

Full Baths: 2
Half Baths: Yes
Number of Rooms: 9
Rent: 2000
Furnished: No
Leased: Yes
Occupied: Yes

Unit 3

Full Baths: 2
Half Baths: Yes
Number of Rooms: 9
Rent: 1800
Furnished: No
Leased: Yes
Occupied: Yes

Unit 4

Full Baths: 2
Half Baths: Yes
Number of Rooms: 9
Rent: 1800
Furnished: No
Leased: No
Occupied: Yes

Remarks & Miscellaneous

Public Remarks: Excellent income producing property! Beautiful quadplexes with lake view

Structure Type

Multi Family: Yes

Income & Expenses

Annual Net Income: 670000
Gross Operating Income: 700000
Offsite Management: 6700
Total Operating Expenses: 90000
Vacancy Factor: 100,000

Architectural Style

Mediterranean: Yes

Lot Features

Dumpster: Yes
Fenced: Yes

Covenants And Restrictions

Homeowner Association: Yes

Levels

Two: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Association Fee Includes

Accounting/Legal: Yes
Insurance: Yes
Maintenance Grounds: Yes
Management: Yes
Pest Control: Yes
Taxes: Yes

Interior Features

Breakfast Bar: Yes
Ceiling Fan(s): Yes
Crown Molding: Yes
Double Vanity: Yes
Entrance Foyer: Yes
Granite Counters: Yes
High Ceilings: Yes
Kitchen Island: Yes
Pantry: Yes
Primary Downstairs: Yes
Recessed Lighting: Yes
Wet Bar: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes

Owner Pays

Association Fees: Yes

Special Purpose Rooms

Sitting Room: Yes

Tenant Pays

Cable TV: Yes
Deposit: Yes
Electricity: Yes

Pets Allowed

Breed Restrictions: Yes
Number Limit: Yes
Size Limit: Yes

Kitchen Features

Breakfast Bar: Yes
Granite Counters: Yes
Kitchen/Family Room View: Yes

Bathroom Features

Ceramic Tile: Yes
Double Vanity: Yes
Fiberglass Tub: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free-Standing Electric Oven: Yes
Free-Standing Refrigerator: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Washer/Dryer: Yes

Walls - Interior

Sheetrock: Yes

Flooring

Ceramic Tile: Yes
Vinyl: Yes

Window Features

Aluminum Frames: Yes
Screens: Yes
Window Coverings: Yes

Door Features

Dead Bolt Lock(s): Yes
French Doors: Yes

Laundry Features

Laundry Room: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Foundation Details

Slab: Yes

Exterior Construction/Siding

Stucco: Yes

Roof

Architectural Shingles: Yes

Exterior Features

Lighting: Yes

Patio And Porch Features

Front Porch: Yes
Patio: Yes

Fencing

Partial: Yes

Driveway Features

Paved Drive: Yes

Parking Features

Common: Yes
Garage Faces Front: Yes

Attic Features

Pull Down Stair Unit: Yes

Water Heater

40 Gallons or Less: Yes

Available Documents

Cash Flow Analysis: Yes
Leases: Yes
Tax Info: Yes

Disclosures

Investment: Yes

Approx Age Code

Under 25 Years: Yes

Uncovered Parking?

1-25 Spaces: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free Standing Stove: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater - Electric: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free Standing Stove: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater - Electric: Yes

Unit 3 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free Standing Stove: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater - Electric: Yes

Unit 4 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Free Standing Stove: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater - Electric: Yes

Documents

P & L ›

Rent Roll pg 1 ›

Rent Roll pg 2 ›

Listing Office: Anchor RE & Mangmnt, LLC

Listing Agent: Candace E Hollinger

Last Updated: November - 15 - 2024

311 Capri Place, 311-314, Ocean Springs, MS 39564 (MLS# 4072356)