Log In/Sign Up
Your email has been sent.
Azalea Apartments 320 Fisher Ferry Rd 102 Unit Apartment Building $5,303,926 CAD ($51,999 CAD/Unit) 17.47% Cap Rate Vicksburg, MS 39180
Executive Summary
CHEAPEST 100 UNIT COMPLEX ON THE MARKET!!!!
102 units on 13.9 acres. Sold at a serious discount, only $38k per unit!! Good occupancy. Phase 1 and appraisal reports are available by request. 17%+ NET RETURN ON INVESTMENT!!! $1.2mil IN VALUE ADD!!!
Do not miss out on this opportunity.
102 units on 13.9 acres. Sold at a serious discount, only $38k per unit!! Good occupancy. Phase 1 and appraisal reports are available by request. 17%+ NET RETURN ON INVESTMENT!!! $1.2mil IN VALUE ADD!!!
Do not miss out on this opportunity.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$1,326,540
|
$14.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,326,540
|
$14.90
|
| Taxes |
$25,088
|
$0.28
|
| Operating Expenses |
$252,699
|
$2.84
|
| Total Expenses |
$277,786
|
$3.12
|
| Net Operating Income |
$1,048,754
|
$11.78
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,326,540 |
| Annual Per SF | $14.90 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,326,540 |
| Annual Per SF | $14.90 |
| Taxes (CAD) | |
|---|---|
| Annual | $25,088 |
| Annual Per SF | $0.28 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $252,699 |
| Annual Per SF | $2.84 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $277,786 |
| Annual Per SF | $3.12 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,048,754 |
| Annual Per SF | $11.78 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Refrigerator
- Range
- Carpet
- Office
- Patio
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | $907.25 CAD | 1 |
| 2+1.5 | 56 | $1,117 CAD | 1 |
| 3+2 | 12 | $1,326 CAD | 1 |
| 2+1 | 10 | $1,117 CAD | 1 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 111-13-9999-0026-01 | Total Assessment | $202,463 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $25,088 CAD ($0.55 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
111-13-9999-0026-01
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$202,463 CAD (2025)
Annual Taxes
$25,088 CAD ($0.55 CAD/SF)
Tax Year
2026
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Azalea Apartments | 320 Fisher Ferry Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.