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3005 7th St 20 Unit Apartment Building $6,678,192 CAD ($333,910 CAD/Unit) Meridian, MS 39301
Investment Highlights
- 158 doors plus 59 vacant lots
- Ideal for Investors or 1031 exchange investors.
- Turnkey with significant value-add upside through renovations, rent optimization, and improved opperational efficiency.
Executive Summary
Large multifamily investment package in Meridian, MS featuring 68 property units (158 total doors) plus 59 vacant lots. Turnkey scale with significant value-add upside through renovations, rent optimization, and improved operational efficiency. Portfolio offers expansion potential, optional future development, and long-term appreciation. Ideal for investment buyers and 1031 exchange investors seeking growth, scale, and upside in a single acquisition. Package can be split, please see MLS numbers #4135114 or #4135118. Buyer to verify all information. Please see documents for more info.
Property Facts
| Price | $6,678,192 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $333,910 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| No. Units | 20 | Building Size | 13,954 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Price | $6,678,192 CAD |
| Price Per Unit | $333,910 CAD |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 13,954 SF |
| No. Stories | 2 |
| Year Built | 1960 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 680 |
| 2+1 | 10 | - | 900 |
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Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 084-18-2-0122-005-00100 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $70,985 CAD |
Property Taxes
Parcel Number
084-18-2-0122-005-00100
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$70,985 CAD
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3005 7th St
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