1719 Highway 19 N - Apartments FOR SALE
Meridian, MS 39307 |
248-255-6052
1719 Highway 19 N
Meridian, MS 39307
HIGHLIGHTS
- Impressive two-property multifamily portfolio totaling 200 units in Meridian, MS, beneficially offered at a substantial discount to replacement cost.
- Low occupancy across the portfolio provides value-add opportunity to renovate vacant/down units and lease-up at consistently increasing market rents.
- Advantageous 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.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
REO Sale 200-Unit Multifamily Portfolio
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1973
PARKING SPACES
234
LAND DETAILS
LAND ACRES
6.3 AC
LAND SF
274,428 SF
ZONING
-
APN/PARCEL ID
072-10-0-0000-000-01500
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248-255-6052
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248-255-6052
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