$2,480,000
522 & 524 University Dr
Starkville, MS 39759
MLS# 24-1152
30492 sqft


522 & 524 University Dr, Starkville, MS 39759
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522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759 522 & 524 University Dr, Starkville, MS 39759

Property Description
522 & 524 University Dr, Starkville, MS: Dynamic location Zoned T5-U. This 0.70acre± property is on Univ. Dr. in the heart of the Cotton District, a short walk to the Mississippi State University campus. 522 University Dr has Raintree Apartments (10 renovated units, all 2-bed/1-bath, with granite countertops, & stainless-steel appliances, in two brick buildings); and a 3-bed/2-bath house. 524 University Dr has a house split into 3 apartments that has been vacant for some time and would need renovation. Excellent opportunity for a legacy property as a total redevelopment, or keep the existing structures and bring to a market rental rate. *Seller prefers a transaction that is a partnership, retaining some equity in a joint venture. But, seller will entertain an outright offer to purchase*

Details
Documents
Contract Information
Current Price: $2,480,000
Begin Date: 2024-05-13
Status: Active
List Price: $2,480,000
Co-op Broker: 2.4
Co-op Broker Type: %
General Property Description
Total SqFt.: 30492
Lot Dimensions: 30492
Building Size: 10664+/-
Lot Acres: 0.7
Location, Tax and Other Information
Book Section: Commercial
Realtor.COM Type: Commercial
Area: 21 - Central Business District
House Number: 522 & 524
Street Name: University Dr
State/Province: MS
Postal Code: 39759
County: Oktibbeha
Taxes: 10796.91
Tax Year: 2023
Subdivision: Cotton District
Flood Zone: No
Parcel Number: 101D-00-025.00 and 101D-00-024.00
Property Features

Listing Office: FARMER COMMERCIAL PROPERTIES

Last Updated: May - 30 - 2024


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