1501 E Reed Rd - Apartments FOR SALE
Greenville, MS 38703 |
248-255-6052
1501 E Reed Rd
Greenville, MS 38703
HIGHLIGHTS
- Significantly positioned 72-unit multifamily property in Greenville, Mississippi, optimally offered at a substantial discount to replacement cost.
- Low-occupancy acquisition provides value-add opportunity to renovate vacant/down units and lease-up at consistently increasing market rents.
- Desirable opportunity offered at a lower cost basis to deliver refreshed units versus facing a complete teardown to minimize construction efforts.
- Incentives, such as tax credits and reimbursement programs, may be available for affordable housing through ideal city, state, and federal programs.
- Favorably situated next to Washington County Day School and within a five-minute drive to Walmart Supercenter, Kroger, Lowe's, and Greenville Mall.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
REO Sale | 72-Unit Asset | Hallmark Gardens
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1974
PARKING SPACES
125
LAND DETAILS
LAND ACRES
6 AC
LAND SF
261,360 SF
ZONING
-
APN/PARCEL ID
495100000
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248-255-6052
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248-255-6052
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