3150 Robinson Rd - Apartments FOR SALE


Jackson, MS 39209- West Jackson
$4,300,000 USD
601-906-8999
3150 Robinson Rd, Jackson, MS for Sale
$4,300,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

3150 Robinson Rd
Jackson, MS 39209
West Jackson


HIGHLIGHTS

  • Value-Add Multifamily Investment
  • Seller Spent Over$1,000,000 in improvements
  • Great Amenities

OVERVIEW

Introducing a prime opportunity for Multifamily / Low-Rise/Garden investors in the Jackson, MS area. Westwood Apartments are currently 58% occupied; however, owners have spent well over $1,000,000 in improvements in the past 18 months and the occupancy rate has been increasing on a monthly basis. The is a great opportunity for the next buyer to come in and continue leasing until property is stabilized.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$33 USD /SF

# OF UNITS

96

PRICE/UNIT

$44,792

CAP RATE

Request Cap Rate

% LEASED

54%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.62 AC

LAND SF

288,328 SF

ZONING

Multifamily Residential

APN/PARCEL ID

0629-0005-001

ASK ABOUT THIS PROPERTY

Brian EstesEstes GroupMore Info
601-906-8999

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Brian EstesEstes GroupMore Info
601-906-8999

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