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119 N 35th Ave
Hattiesburg, MS 39401
Campus Cottages · Multifamily Property For Sale
·
44 Units
Investment Highlights
- Located in an OPPORTUNITY ZONE- situated in the middle of the fast-growing Mid-Town Area
- 44 Units (30 Units have been recently renovated)- 100% Occupany!
- Onsite laundry has recently been added (3 washer & 3 dryers)
- Value Add with rents below market
- All parking has been repaved and striped (2024)
- Solar window screens have been installed on the front of each unit for increased efficiency
Executive Summary
Located in an OPPORTUNITY ZONE- situated in the middle of the fast-growing Mid-Town Area
Value Add with rents below market
44 Units (30 Units have been recently renovated)- 100% Occupany!
Value Add with rents below market
44 Units (30 Units have been recently renovated)- 100% Occupany!
Property Facts
| Price Per Unit | $109,753 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.65 AC |
| Cap Rate | 7.34% | Building Size | 29,353 SF |
| No. Units | 44 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Low-Rise | Parking Ratio | 2.11/1,000 SF |
| Zoning | R-3 - R-3 zoning typically designates medium-density residential areas allowing for a mix of housing types, often including single-family homes, duplexes. | ||
| Price Per Unit | $109,753 CAD |
| Sale Type | Investment |
| Cap Rate | 7.34% |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.65 AC |
| Building Size | 29,353 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | R-3 - R-3 zoning typically designates medium-density residential areas allowing for a mix of housing types, often including single-family homes, duplexes. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Views
- Yard
- Window Coverings
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 30 | - | 573 |
| 2+1.5 | 14 | - | 1,070 |
Property Taxes
| Parcel Number | 2-028L-07-190.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $281,828 CAD |
Property Taxes
Parcel Number
2-028L-07-190.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$281,828 CAD
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