3005 7th St - Apartments FOR SALE


Meridian, MS 39301
$4,800,000 USD
228-233-6336
3005 7th St, Meridian, MS for Sale
$4,800,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

3005 7th St
Meridian, MS 39301


HIGHLIGHTS

  • 158 doors plus 59 vacant lots
  • Turnkey with significant value-add upside through renovations, rent optimization, and improved opperational efficiency.
  • Ideal for Investors or 1031 exchange investors.

OVERVIEW

Large multifamily investment package in Meridian, MS featuring 68 property units (158 total doors) plus 59 vacant lots. Turnkey scale with significant value-add upside through renovations, rent optimization, and improved operational efficiency. Portfolio offers expansion potential, optional future development, and long-term appreciation. Ideal for investment buyers and 1031 exchange investors seeking growth, scale, and upside in a single acquisition. Package can be split, please see MLS numbers #4135114 or #4135118. Buyer to verify all information. Please see documents for more info.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

20

PRICE/UNIT

$240,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,749 SF

ZONING

-

APN/PARCEL ID

084-18-2-0122-005-00100

ASK ABOUT THIS PROPERTY

Kim Ross BushColdwell Banker Commercial Alfonso RealtyMore Info
228-233-6336

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

Kim Ross BushColdwell Banker Commercial Alfonso RealtyMore Info
228-233-6336

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