2932 Highway 468 - Apartments FOR SALE


Pearl, MS 39208
$3,400,000 USD
601-366-8600
2932 Highway 468, Pearl, MS for Sale
$3,400,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

2932 Highway 468
Pearl, MS 39208


HIGHLIGHTS

  • These properties offers a dependable income stream as well as a strong potential for appreciation.
  • The traffic count is 6,000 ADT on MS-468.

OVERVIEW

An exceptional investment opportunity awaits at Pearl Manor and 468 Place Townhomes in Pearl, Mississippi. This listing includes two locations and a total of eight stand alone buildings. The meticulously maintained apartment buildings feature a diverse unit mix, amenities within a strategic location. These properties offers a dependable income stream as well as a strong potential for appreciation. With a history of stable rental income and a robust local rental market, it's an ideal choice for seasoned investors looking to expand their holdings or newcomers seeking a secure and lucrative investment in the heart of Pearl, MS.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

40

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pearl Manor

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

R-4

APN/PARCEL ID

E07L-000023-00020,E07L-000023-00030,E07L-000023-00040,E07L-000023-00050,E07L-000023-00060,E07L-000023-00070

ASK ABOUT THIS PROPERTY

Amanda Principe OverbyOverby CommercialMore Info
601-366-8600

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Amanda Principe OverbyOverby CommercialMore Info
601-366-8600

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