Summary: I wanted to present you with an excellent investment opportunity located at 313 Genesis Ct, Yazoo City, MS—the River Oak Village Apartments, which is currently being offered for sale. Below are the key details for your consideration: This garden-style apartment complex offers stable cash flow and significant value-add potential, including options to raise rents or leverage Section 8 housing rates. Strategically located near downtown Yazoo City and major employers, this property is positioned to benefit from a consistent rental demand and growth potential. Key Property Details: * Property Address: 313 Genesis Ct, Yazoo City, MS 39194 (Google Street View Link) * Purchase Price: $1,975,000 * Cap Rate: 10% * Property Type: Multifamily (32 Units) * Occupancy: 88% occupied (current) * Unit Mix: One-, two-, and three-bedroom units ranging from 550 to 800 square feet * Year Built: 1991 * Total Square Footage: 23,850 sq. ft. * Land Size: 4.32 acres * Net Operating Income (NOI): $197,192 (current) | $401,379 (proforma) * Current Gross Operating Income: $321,348 * Expenses: $108,088 (current) Property Features: * Unit Features: Spacious layouts with central HVAC (85% updated units) and select units with washer/dryer hookups. * Recent Upgrades: New roof (2020), landscaped grounds, and additional condensers on-site for maintenance support. * Parking: 46 parking spaces with a 0.7 parking ratio per unit. * Reimbursements: Water, sewer, and garbage expenses are tenant reimbursed. Location Highlights: * Proximity: Less than 10 minutes from downtown Yazoo City, 6 minutes from Interstate 55, and under an hour from Jackson, MS. * Nearby Retailers: Walmart Supercenter, CVS, Dollar General, Subway, Burger King, and more within a short drive. * Local Employers: Federal Correction Complex – Yazoo City, Texas Eastern Transmission, Amco Manufacturing, and J&J Bagging. * Community Appeal: Yazoo City is a charming, walkable town with vibrant retail, a commuter-friendly location, and proximity to the Yazoo River. Investment Highlights: 1. Cash-Flowing Asset: Currently generating stable income with additional upside potential by increasing occupancy and rents. 2. Value-Add Opportunity: Rents are below market, and Section 8 conversion offers immediate revenue growth. 3. Strategic Location: Close to major employers, retail hubs, and transportation corridors, ensuring consistent tenant demand. 4. Turnkey Property: Recent upgrades and well-maintained grounds minimize upfront capital needs for investors. 5. High Rental Demand: Yazoo City has a renter-heavy population (52%) and steady rental demand from local employers and amenities. Market Overview: * Population: Yazoo City has approximately 20,000 residents, with the surrounding area benefiting from proximity to Jackson, MS. * Median Rent: Current market rents in Yazoo City average $789 per month, with room to grow. * Affordable Market: Lower cost of living and stable rental market offer a safe investment environment with strong yields. Investor's Takeaway:?This is a rare opportunity to acquire a stabilized, cash-flowing multifamily property in a growing market with limited competition and immediate income generation. With room for rental growth and value-add initiatives, River Oak Village provides the perfect balance of security and potential. Feel free to reach out for additional information, the full offering memorandum, or to schedule a property tour.