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The Grande at Ellisville 801 Main St 53 Unit Apartment Building $5,332,415 CAD ($100,612 CAD/Unit) 8.15% Cap Rate Ellisville, MS 39437

Apartment Buildings Mississippi Ellisville 801 Main St, Ellisville, MS 39437

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INVESTMENT HIGHLIGHTS

  • Renovated units featuring modern interior upgrades, including granite-like countertops, vinyl plank flooring, faux wood blinds, and walk-in closets
  • Amenities include on-site laundry facilities and playground with swings & jungle gym
  • Centrally located between Hattiesburg and Laurel, Mississippi
  • 42 of 53 units with brand new water heaters

EXECUTIVE SUMMARY

Broker of Record
Phillip Carpenter
License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550

PROPERTY FACTS

Price $5,332,415 CAD Apartment Style Low-Rise
Price Per Unit $100,612 CAD Building Class B
Sale Type Investment Lot Size 2.05 AC
Cap Rate 8.15% Building Size 38,950 SF
Gross Rent Multiplier 6 Average Occupancy 85%
No. Units 53 No. Stories 2
Property Type Multifamily Year Built/Renovated 1970/2021
Property Subtype Apartment
Price $5,332,415 CAD
Price Per Unit $100,612 CAD
Sale Type Investment
Cap Rate 8.15%
Gross Rent Multiplier 6
No. Units 53
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 2.05 AC
Building Size 38,950 SF
Average Occupancy 85%
No. Stories 2
Year Built/Renovated 1970/2021

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Vinyl Flooring

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Playground
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Smoke Free
  • Maintenance on site
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 35 - 650
2+1 18 - 900

LINKS

1 1
(407) 463-9752

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38352691

  • Date on Market: 2025-11-06

  • Last Updated:

  • Address: 801 Main St, Ellisville, MS 39437

The Multifamily Property at 801 Main St, Ellisville, MS 39437 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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The Grande at Ellisville | 801 Main St
(407) 463-9752 x

The Grande at Ellisville | 801 Main St

Austin Graham
(407) 463-9752

Connor Kerns
(404) 445-1090

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