Log In/Sign Up
Your email has been sent.
Lofts at 517 517 Washington Ave 28 Unit Apartment Building $3,424,350 CAD ($122,298 CAD/Unit) 13% Cap Rate Greenville, MS 38701
Executive Summary
The Lofts is a Luxury Mixed-Use 32-unit apartment building located at 517 Washington Ave, Greenville, MS. With an average in-place rent of $1,815, the property has a historical and proforma NOI of ~$325k. Asking is $2.5M, making this a 13% cap rate offering.
Loan not assumable and seller financing not available.
Loan not assumable and seller financing not available.
Property Facts
| Price | $3,424,350 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $122,298 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.00 AC |
| Cap Rate | 13% | Building Size | 44,908 SF |
| No. Units | 28 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $3,424,350 CAD |
| Price Per Unit | $122,298 CAD |
| Sale Type | Investment |
| Cap Rate | 13% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 44,908 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $417,428 CAD | |
| Land Assessment | $17,752 CAD | Total Assessment | $801,854 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$17,752 CAD
Improvements Assessment
$417,428 CAD
Total Assessment
$801,854 CAD
1 of 50
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Lofts at 517 | 517 Washington Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.