Description
Excellent value-add investment opportunity in Southaven, MS—featuring a two-building office complex offering strong income and significant upside potential. Built in 1988, both two-story, elevator-served buildings are well maintained with minimal deferred maintenance. Many long-term tenants currently occupy the property on month-to-month leases, providing flexibility and the chance to increase rents to market rates. The complex generates a solid net operating income of approximately $120,000, with room for future growth under new ownership. A rare find in a thriving commercial area—shown by appointment only.
Listing Details
- Cap Rate
9%
- Tenancy
Multi
- Space Type
Office
- Sub Category
Traditional
- Date Listed
11/5/2025
- Net Operating Income
$120,000
Property Specifics
- Property Name
230 Goodman Rd E
- No of Buildings
2
- No of Stories
2
- Year Built
1988
- Building Size
13,362 SF
- APN
107930160
- Occupancy
90%
Property Amenities
Location Amenities
Airport
Commuter Rail
Public Transportation
Unit Amenities
Air Conditioning
Natural Light
Onsite Parking




