Mississippi Multi-Family For Sale
29 results
Address
Asking Price
Mixed-Use Building | 4 Apartment Units | Event Space
150 Walnut Cir
Hattiesburg, MS
Lot Size:0.77Acres
Walnut Street is located in Downtown Hattiesburg in close proximity to Town Square Park. 4 apartment units on the second floor and Class A event space on the ground floor. Each apartment includes appliances, a gas fireplace, granite countertops, wood floors, covered parking, and a private balcony.
$625,000
Ridgewood Manor Subdivision
708 Ridgewood Manor Dr
Oxford, MS
Building Size:2,500SF
$370,000
Presidential Suites
714 N President St
Jackson, MS
Building Size:6,030SF
The President Street Apartments are located at 714 N President St in Jackson, MS. This vibrant area is considered to be Jackson's "Arts District." Steps from the Mississippi State Capitol, the location of the property is positioned to cater to a broad range of apartment renters being in close proximity to downtown Jackson, private colleges, a law school, major medical office buildings and 3 major hospitals. One of the hospitals is the University of Mississippi Medical Center, the state’s only academic health science center. UMMC includes seven health science schools with over 3,000 students. UMMC is one of the largest employers in Mississippi with over 10,000 employees. Throughout recent market conditions, multi-family properties such as this one have proven to be one of the most stable asset classes for investment. Consisting of eight spacious one-bedroom units, this well-built apartment complex boasts a strong occupancy history. Located in an opportunity zone, the property features a new roof, gated parking, and a large green space for tenant use. Several of the units have been updated in recent years but several afford an opportunity for upgrades and rental increases. The sale of this property presents the opportunity to acquire a highly desirable apartment building with a stabilized tenant mix and zero vacancy.
$590,000
Canterbury Apartments
213 N 39th Ave
Hattiesburg, MS
Lot Size:0.58Acres
Canterbury Apartments is a centrally located complex located off Hardy Street directly adjacent to The University of Southern Mississippi’s campus. Canterbury Apartments are easily accessible from Hardy Street and a 10-minute walk from Midtown. This 100% occupied complex offers 1 bedroom 1 full bath, 2 bedrooms 1 bath, 2 bedrooms and 1.5 baths, 2 bedrooms and 2 baths along with an on-site laundry facility. Canterbury Apartments is a centrally located complex located off Hardy Street directly adjacent to The University of Southern Mississippi’s campus. Canterbury Apartments are easily accessible from Hardy Street and a 10-minute walk from Midtown. This 100 % occupied complex offers 1 bedroom 1 full bath, 2 bedroom 1 bath, 2 bedroom and 1.5 bath, 2 bedroom and 2 bath along with an on-site laundry facility.
$725,000
4134 N State St
Fondern-Cherokee Heights, Jackson, MS
Lot Size:0.24Acres
Located in the North State Street Overlay District of the Fondren Neighborhood in Jackson.
$142,000
THE DOOEY HOUSE
508 University Dr
Starkville, MS
Building Size:5,582SF
$680,000
Multifamily | 12 Units | Near Southern Miss Campus
409 N 39th Ave
Hattiesburg, MS
Lot Size:1.15Acres
6 Townhomes (12 units) located in close proximity to The University of Southern Mississippi campus and the Hardy Street/Hwy 98 retail corridor. 6 Townhomes (12 Units) & +/- .73 acres of additional R-2 Zoned land near the University of Southern Mississippi campus.
$725,000
The Monastery
1619 N West St
North Midtown, Jackson, MS
Lot Size:0.18Acres
The vibrant midtown neighborhood is adjacent to the most expensive private college in the state of Mississippi (Millsaps College) and robust centers of employment (University of Mississippi Medical Center and Baptist Medical Center). The neighborhood is rapidly being redeveloped as a mixed use district which is home to many artists and creatives featuring the mantra "Made in Midtown." The property is located within close proximity to I-55 and even closer to the major arteries of State Street and Woodrow Wilson. The Monastery is a vertical mixed-use redevelopment of a superbly located property in the Midtown neighborhood of Jackson, Mississippi. This property features five industrial-chic urban lofts above a popular coffee shop located within seconds of Millsaps College. The property also boasts a new patio garden, new asphalt drive-thru and parking lot, solar powered security cameras, new HVAC system, plumbing, and roof. The sale of this property presents the opportunity to acquire a highly desirable mixed use building that has been recently remodeled with a stabilized tenant mix and zero vacancy.
$660,000
Village Crossing Apartment Homes
101 Nuggett Ct
The Highlands, Hattiesburg, MS
Building Size:22,000SF
W. 7th Street Hattiesburg Village Crossing Apartment Homes is a centrally located community located off Hwy 49 directly adjacent to The University of Southern Mississippi’s campus. Village Crossing Apartment Homes is easily accessible and within a 15 min drive of Hattiesburg's ten largest employers. This community offers 2 bedroom 1 full bath apartments homes, which include a washer/dryer, refrigerator, and dishwasher. Some utilities, such as water, are paid. Services for Village Crossing Apartment Homes includes on-site management, pest control, and water is provided. Property management has a 24-hour maintenance service which is available to tenants at all times.
$1,400,000
The Landings 64 Unit Multi-Family Portfolio
6530 Jasmine St
Moss Point, MS
Building Size:41,728SF
Industrial Business and Retail area with neighborhoods and multi family housing for workers, off busy I-10 Exit 13 in Moss Point, MS The Landings, 64 units - 10 Buildings on 5 properties in the same neighborhood off Jasmine Street in Moss Point, MS. There’s only about 80 units in this specific trade area and this is an opportunity to pick up 64 of them, pretty cheap. The owner tried running this property on his own and the Moss Point market is just too tough if you don’t have boots on the ground. It looks like initial underwriting at an average rent of $500 a month, vacancy at 15% and an operating expense ratio of 55% will produce about a 14.5% proforma cap rate. Because the new owner will own most of the units in the market they may be able to get a little more in rents and if they can drive their occupancy to over 90% and keep it there it will do even better. This is going to take a buyer that understands low income communities or has a management company that deals with that market.
$995,000
4 Park Portfolio
2176 MS-373
Columbus, MS
Lot Size:8.00Acres
Columbus is a city in and the county seat of Lowndes County, on the eastern border of Mississippi, located primarily east, but also north and northeast of the Tombigbee River, which is also part of the Tennessee-Tombigbee Waterway. Columbus is the principal city of the Columbus Micropolitan Statistical Area, which is part of the larger Columbus-West Point Combined Statistical Area. Columbus is also part of the area of Mississippi called The Golden Triangle, consisting of Columbus, West Point and Starkville, in the counties of Lowndes, Clay and Oktibbeha. Columbus is an important trade centre for the surrounding agricultural region. The economy is augmented by manufactures (including automotive parts, plumbing products, furniture, paper, and wall coverings) and Columbus Air Force Base. The Tennessee-Tombigbee Waterway Development Authority (1958) is headquartered in Columbus. Mississippi University for Women originated there in 1884 as the Industrial Institute and College (the first American state-supported college for women), and the city’s Franklin Academy (1821) was Mississippi’s first free public school. The Delta Group LLC is pleased to present for sale this 4 park portfolio consisting of 69 Mobile Home and RV spaces in Columbus Mississippi. There are currently 38 Mobile Home spaces and 31 RV spaces with room to add more. The portfolio grosses over $300,000 annually and still has opportunity to add value.
$1,100,000
Fondren & Belhaven Multifamily
520 Lorenz Blvd
Fondern-Cherokee Heights, Jackson, MS
Building Size:15,000SF
Located in two of North Jackson most desirable neighborhoods, the group of fourplexes lies in close proximity to several hospitals, universities, and government. Consisting of four properties featuring sixteen units, this rental portfolio has a strong occupancy history and provides investor upside through rent restructuring and minor property upgrades. 1209 Fortification Street is prominently seated on Belhaven's east/west connector to Interstate 55 and North State Street. The four two bedroom and one bath units have been recently upgraded while keeping the charm of Jackson's favorite historic neighborhood. The Lorenz Blvd properties are in the heart of Fondren and steps to its vibrant strip featuring Jackson's trendiest retailers and nationally recognized restaurants, all in the shadow of the state's largest employer - The University of Mississippi Medical Center. The majority of these units have received substantial renovations over the recent years but several afford an opportunity for upgrades and rental increases. 505 Lorenz has four traditional two bedroom and one bath flats with ample, private parking. 516 and 520 Lorenz are two bedroom townhouses with a mix of units being converted to add an additional bathroom to the original one and one half bath configuration.
$1,220,000
Hotel Vicksburg
801 Clay St
Vicksburg, MS
Lot Size:0.47Acres
$63,157
4-plex
101 Shemper Dr
The Highlands, Hattiesburg, MS
$11,250
Shady Creek Mobile Home Community
3920 I-55 South Frontage Road
Jackson, MS
Lot Size:9.33Acres
$170,000
301 High Street
301 S High St
Poplarville, MS
$102,000
Patio Apartments
1950 Pascagoula St
Pascagoula, MS
Lot Size:2.17Acres
$725,000
Duplexes for Sale
511 N Lehmberg Rd
Columbus, MS
Lot Size:15.00Acres
$149,500
13 Dunaway Lane
13 Dunaway Ln
Hattiesburg, MS
$150,000
Income Producing Building with 3 Townhomes
626 Layton Drive
Gulfport, MS
$68,333
Income Producing Building has Four Townhomes
644 Layton Dr
Gulfport, MS
$74,170
Income Producing Building with Three Townhomes
739 Layton Dr
Gulfport, MS
$69,000
Southwind Townhomes
15300 Dismuke Ave
Biloxi, MS
$4,000,000
Townhome Rental Income 4 Buildings
731 Layton Dr
Gulfport, MS
$222,010
Income Producing Two Townhomes
641 Layton Cv
Gulfport, MS
$73,170
~80 DOOR SITE, RIGHTS, & PERMITS W/POOL-PIER-SLIPS
2105 Bienville Blvd
Ocean Springs, MS
Lot Size:2.73Acres
$17,093
Income Producing Building with 2 Townhomes
642 Layton Drive
Gulfport, MS
$68,000
Four Income Producing Buildings
747 Layton Dr
Gulfport, MS
$824,000
Income Producing Building with Four Townhomes
664 Layton Dr
Gulfport, MS
$69,000
Market Stats
Mississippi has 1,926 commercial real estate spaces for lease, representing 28,288,145 sqft space.
2859 buildings are available for sale.
In the past 30 days, Mississippi has had 299 spaces leased and 14 new spaces come on market.
