Col. Floweree Italianate Mansion

Hospitality for Sale
Catylist Listing ID: 30043586
Property Subtypes: Bed & Breakfast, Extended Stay, Inn, Vacation Rental(s)
Number of Units: 5 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 0.50 - 1 Acres
Sale Price: $875,000
Unit Price: $175,000 Per Unit
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User, Business
Building Name: Floweree
Name of Establishment: Floweree
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2019

Overview / Comments

Listed on the National Register of Historic Places and in the Library of Congress Historic American Buildings Survey, Floweree is an imposing brick Italianate townhouse, 2 and 1/2 stories, situated on a leveled terrace overlooking the flood plains of the Mississippi River at Vicksburg. It features wide bracketed eaves, robust frontispieces and heavy segmental arches, a giant portico of paired brick columns with molded capitals. The staircase, with its scrolled step-ends, turned balusters, and octagonal newel, is elegantly detailed. The architectural features and elaborate molding likely crafted by the gifted Bavarians who made their home in Vicksburg during this period. Floweree was named for its original owner, Charles Floweree, a prominent businessman in post bellum Vicksburg, and was ranked as the youngest Colonel in the Confederate Army.

The property consists of the mansion and 3 cottages, gardens and swimming pool. The cottages currently serve as corporate or individual rentals, with rental income of approximately $5000. The entire property could serve as a bed and breakfast and is located in one of the best bed and breakfast districts in the state!

Additional adjacent rental property available for an additional $350,000 consists of the following
4 houses Rental $300/mo/each
Duplex rental $700/mo
8 rental units (New roof) $400/each
Total income for these rental units is $5100

Additional Details

Nearest MSA: Vicksburg
County: Warren
Taxing Authority: Warren County MS
Tax ID/APN: 108D 22 1470 005800
Zoning: MIXED USE
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Casino
Property Located Between: Downtown Vicksburg and the Mississippi River Bridge
Largest Nearby Street: Washington Street
Highway Access: conveniently located 2 miles north of Interstate 20
Airports: 19 Minutes from the Vicksburg-Tallulah Regional airport and 53 minutes from the Jackson International airport
Site Description: Terrace overlooking the flood plains of the Mississippi River at Vicksburg, MS
Nearby Attractions: Vicksburg National Military Park, Coca Cola Bottling Museum, US Corps of Engineers Interpretative Museum, Old Courthouse Museum, Casinos
Total Number of Buildings: 6
Number of Stories: 2
Property Condition: Good
Year Built: 1877
Year Renovated: 1970
Construction/Siding: Brick
Average Occupancy Rate: 90
Water Recreation: Outdoor Pool, Cabanas
Total Parking Spaces: 10
Parking Type: Structure, Surface
Laundry: In Each Unit
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Elaborate molding and architectural features throughout.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,625 19,920 28,085
Median Age: 38.73 38.1 37.62
Households: 1,906 8,033 11,168

Contact

Photograph of Listing Agent

Pam Powers

Powers Properties Oxford, MS 38655
MCAR Member
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