Excellent investment opportunity featuring a 46-unit gated apartment community in Jackson on approximately 2 acres. The property includes 16 one-bedroom flats and 30 spacious two-bedroom townhomes, offering strong value-add potential with a portion of the renovation work already completed. The 16 one-bedroom units have been substantially renovated with updated interior. The 30 townhomes provide significant upside for an investor to complete renovations, increase occupancy, and improve overall rental income and property performance. Positioned along one of South Jackson's established rental corridors, the property is conveniently located near Jackson State University, major roadways, employment centers, shopping, and other area amenities. With its combination of renovated units, remaining value-add potential, and attractive price per unit, this property presents an opportunity for an investor to acquire and reposition a sizable multifamily asset with considerable long-term equity and cash-flow potential.
Listed By
Agency Name: Legacy Real Estate
Shown By
Agent Name: Kristi McNeely
Agent Phone: (901) 568-7365
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 5,318.52 per month $4,339.85 Principal & Interest $409.92 Property Tax $568.75 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1021 Raymond Rd Road | MLS# 4159019
This multi-family property located at 1021 Raymond Rd Road, Jackson, MS 39204 is currently listed for sale with an asking price of $1,950,000. Search Jackson real estate on kmcneely.crye-leike.com today.