760 Willow St - Apartments FOR SALE


Jackson, MS 39204
$1,200,000 USD
601-981-6800
760 Willow St, Jackson, MS for Sale
$1,200,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

760 Willow St
Jackson, MS 39204


HIGHLIGHTS

  • The property is in the heart of downtown Jackson and near Jackson State University.

OVERVIEW

The subject property is a Value-Add Opportunity consisting of two, 2-story multi-family buildings originally constructed in 1970, that contains 46 units and 21,715 SF. Building construction consists of masonry with brick and wood siding. The subject is currently 26.09% occupied. The complex currently has forty-two 1BR/1BA units and four 2BR/1BA. The subject site consists of .93 Acres of land near Jackson State University, in the city of Jackson, Mississippi. The Property has undone gone recent renovations consisting of exterior repairs and updating units. The interior updates include luxury vinyl tile flooring, new lighting/paint, new countertops and bathroom upgrades.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$32 USD /SF

# OF UNITS

46

PRICE/UNIT

$26,087

CAP RATE

Request Cap Rate

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

R-5

APN/PARCEL ID

0170-0084-000

ASK ABOUT THIS PROPERTY

Micah McCulloughNAI UCR PropertiesMore Info
601-981-6800

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Micah McCulloughNAI UCR PropertiesMore Info
601-981-6800

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