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183 Campbell St
Jackson, TN 38301
Campbell Street Flats · Multifamily Property For Sale
·
8 Units
Executive Summary
Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/307477/campbell-street-flats
Marcus & Millichap has been selected to exclusively market for sale Campbell Street Flats in Jackson, Tennessee. This offering provides investors the opportunity to acquire a fully renovated eight-unit multifamily asset in a growing West Tennessee market.
Campbell Street Flats presents the opportunity to acquire a fully renovated eight-unit multifamily asset in Jackson, Tennessee. Ownership invested approximately $268,376 in capital improvements, completing a comprehensive renovation of all units and major building systems in 2024, including updated interiors, plumbing and electrical improvements, new windows, a tankless water heater system, and extensive exterior enhancements. The property’s recent renovation significantly reduces near-term capital expenditure needs while providing residents with modern finishes and on-site laundry facilities. Conveniently located near Downtown Jackson, the asset benefits from access to the area’s major employment, healthcare, retail, and entertainment destinations.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Campbell Street Flats.
Marcus & Millichap has been selected to exclusively market for sale Campbell Street Flats in Jackson, Tennessee. This offering provides investors the opportunity to acquire a fully renovated eight-unit multifamily asset in a growing West Tennessee market.
Campbell Street Flats presents the opportunity to acquire a fully renovated eight-unit multifamily asset in Jackson, Tennessee. Ownership invested approximately $268,376 in capital improvements, completing a comprehensive renovation of all units and major building systems in 2024, including updated interiors, plumbing and electrical improvements, new windows, a tankless water heater system, and extensive exterior enhancements. The property’s recent renovation significantly reduces near-term capital expenditure needs while providing residents with modern finishes and on-site laundry facilities. Conveniently located near Downtown Jackson, the asset benefits from access to the area’s major employment, healthcare, retail, and entertainment destinations.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Campbell Street Flats.
Property Facts
| Price Per Unit | $165,547 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 7.07% | Building Size | 5,200 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price Per Unit | $165,547 CAD |
| Sale Type | Investment |
| Cap Rate | 7.07% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 5,200 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Ceiling Fans
- Stainless Steel Appliances
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 650 |
Property Taxes
| Parcel Number | 078H-V-012.00 | Improvements Assessment | $173,479 CAD |
| Land Assessment | $14,777 CAD | Total Assessment | $188,257 CAD |
Property Taxes
Parcel Number
078H-V-012.00
Land Assessment
$14,777 CAD
Improvements Assessment
$173,479 CAD
Total Assessment
$188,257 CAD
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