119 N 35th Ave - Apartments FOR SALE


Hattiesburg, MS 39401
$3,550,000 USD
334-386-2441
119 N 35th Ave, Hattiesburg, MS for Sale
$3,550,000 USD
Apartments - FOR SALE
1/45
null | 7.34% Cap Rate

119 N 35th Ave
Hattiesburg, MS 39401


HIGHLIGHTS

  • Located in an OPPORTUNITY ZONE- situated in the middle of the fast-growing Mid-Town Area
  • Value Add with rents below market
  • 44 Units (30 Units have been recently renovated)- 100% Occupany!
  • All parking has been repaved and striped (2024)
  • Onsite laundry has recently been added (3 washer & 3 dryers)
  • Solar window screens have been installed on the front of each unit for increased efficiency

OVERVIEW

Located in an OPPORTUNITY ZONE- situated in the middle of the fast-growing Mid-Town Area Value Add with rents below market 44 Units (30 Units have been recently renovated)- 100% Occupany!

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$121 USD /SF

# OF UNITS

44

PRICE/UNIT

$80,682

CAP RATE

7.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Campus Cottages

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

72,018 SF

ZONING

R-3

APN/PARCEL ID

2-028L-07-190.00

ASK ABOUT THIS PROPERTY

Gene Cody, CCIM, SIORMoore Company Realty, Inc.More Info
334-386-2441

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Gene Cody, CCIM, SIORMoore Company Realty, Inc.More Info
334-386-2441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.