239 Hartfield Rd - Apartments FOR SALE


Hattiesburg, MS 39402
$2,150,000 USD
601-981-6800
239 Hartfield Rd, Hattiesburg, MS for Sale
$2,150,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

239 Hartfield Rd
Hattiesburg, MS 39402


HIGHLIGHTS

  • 19,700 SF
  • 20-Unit Multifamily Community | Hattiesburg, Mississippi
  • All 3-Bedroom / 1-Bathroom Floor Plans | 985 SF Per Unit
  • Over $500,000 in Capital Improvements Completed Q3 2025
  • Every Unit Fully Renovated | New Flooring, Appliances, Cabinets, Fixtures & More
  • HVAC Systems Replaced or Serviced Throughout

OVERVIEW

NAI UCR Properties is pleased to present the exclusive opportunity to acquire Angel's Cove Apartments, a fully renovated 20-unit multifamily community located at 239 Hartfield Road in Hattiesburg, Mississippi. The property features an all 3-bedroom/1-bathroom unit mix at 985 square feet per unit across 19,700 total rentable square feet. This offering represents a rare opportunity to acquire a turnkey, extensively capital-improved multifamily asset in one of South Mississippi's most stable and diversified employment markets. With over $500,000 in capital improvements completed in Q3 2025, the property has been transformed into a best-in-class community for the Hattiesburg market. New luxury vinyl plank flooring, lighting packages, stainless steel appliances, kitchen and bathroom cabinets, water heaters, and refinished tub/shower surrounds were installed throughout all 20 units, delivering a like-new asset with minimal near-term capital expenditure requirements. Situated along the US-98 corridor in the heart of Hattiesburg's primary retail and employment district, Angel's Cove benefits from immediate proximity to major employers, national retail, quality schools, and the University of Southern Mississippi campus, positioning the community as a premier option for the working household renter base that defines this market.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$218 USD /SF

# OF UNITS

20

PRICE/UNIT

$107,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

056D-14-071.000,056D-14-071.004

ASK ABOUT THIS PROPERTY

Micah McCulloughNAI UCR PropertiesMore Info
601-981-6800

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Micah McCulloughNAI UCR PropertiesMore Info
601-981-6800

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