Description
Exceptional opportunity to acquire 27 fully leased rental homes plus 1 unit set up for VRBO on 5.5 acres, located just 0.6 miles from the historic Oxford Square. Portfolios of this size and proximity to the Square rarely become available, making this a truly unique investment opportunity. The property offers strong existing rental income, with approximately 1.92 acres of additional land that can be purchased to accommodate 10 new three-bedroom homes and potentially generate approximately $540,000 in additional annual revenue. The existing homes have been exceptionally maintained and feature metal roofs, new concrete parking pads, and updated stainless-steel appliances installed in 2025, including ranges, dishwashers, refrigerators and microwaves. New quartz countertops and vanities are currently being installed in the kitchens and bathrooms. With 28 established income-producing units and substantial room for future growth, this property offers an outstanding combination of potential.
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0BEDS
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5.5ACRES
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0BATHS
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01/2 BATHS
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1,030SQFT
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$15,485$/SQFT
Description
Exceptional opportunity to acquire 27 fully leased rental homes plus 1 unit set up for VRBO on 5.5 acres, located just 0.6 miles from the historic Oxford Square. Portfolios of this size and proximity to the Square rarely become available, making this a truly unique investment opportunity. The property offers strong existing rental income, with approximately 1.92 acres of additional land that can be purchased to accommodate 10 new three-bedroom homes and potentially generate approximately $540,000 in additional annual revenue. The existing homes have been exceptionally maintained and feature metal roofs, new concrete parking pads, and updated stainless-steel appliances installed in 2025, including ranges, dishwashers, refrigerators and microwaves. New quartz countertops and vanities are currently being installed in the kitchens and bathrooms. With 28 established income-producing units and substantial room for future growth, this property offers an outstanding combination of potential.
© 2026 North Central Mississippi Board of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or John Welty Realty. Data last updated: 2026-09-08T19:55:29.083