Brooks Court Portfolio Multi-Family FOR SALE


Jackson, MS - North Jackson
$897,000 USD
601-366-8511
, Jackson, MS for Sale
$897,000 USD
Multi-Family - FOR SALE
1/5
null | 7.78% Cap Rate

Brooks Court Portfolio
Jackson, MS
North Jackson


HIGHLIGHTS

  • Stabilized rental portfolio of five properties and ten total units
  • Properties located within Lefleur East, Fondren, and greater Belhaven areas
  • Strong occupancy history and opportunity for upside with minor rent restructuring
  • Properties are concentrated around major employment centers and universities

OVERVIEW

Consisting of five well-maintained properties featuring ten units, this rental portfolio has a strong occupancy history and provides upside through rent restructuring and minor property upgrades. 4420/4422 Ridgewood is a located in the Lefleur East District of Northeast Jackson along the major arterial street of Ridgewood Rd within close proximity of Highland Village, Maywood Mart, and the District at Eastover shopping and dining areas. 3923 N State and 3064 Windsor are well located in the growing Fondren District which is considered to be the Jackson’s artistic and culinary hub with over two dozen walkable restaurants and many other shops and points of interest within the neighborhood. 927 Manship and 1015 Monroe are located in the greater Belhaven area which is considered to be Mississippi’s largest historic district and home to two universities. The area is also home to award winning restaurants and a local brewery. All of the properties are concentrated around University of Mississippi Medical Center (largest employer in MS), St. Dominic, Baptist, and VA hospitals as well as Belhaven University and Millsaps college along with several other major centers of employment. Properties may be sold as a portfolio, in bundles, or individually.

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Sterling McCoolOverby CommercialMore Info
601-366-8511

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Sterling McCoolOverby CommercialMore Info
601-366-8511

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