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119 N 35th Ave
Hattiesburg, MS 39401
Campus Cottages · Multifamily Property For Sale · 44 Units

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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!

PROPERTY FACTS

Price Per Unit $111,255 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
  • Listing ID: 37901182

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 119 N 35th Ave, Hattiesburg, MS 39401

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