1045 Flynt Drive, Flowood, MS 39232

Lakeland East is a multifamily property located in Flowood, Mississippi, offering a value-add opportunity in a high-demand, low-supply submarket of Jackson. The property is less than 10 minutes from both I-20 and I-55, providing convenient access to all parts of the city. Its location offers residents a short commute to Jackson’s Medical District, which has 20,000 jobs, the Mississippi State Capital and government job sector, which has 55,000 jobs, and seven nearby colleges and universities. The property is located near several of Flowood’s top employers, including Blue Cross & Blue Shield of Mississippi, Ergon, and Nucor Steel. Other nearby demand drivers include Dogwood Festival Market, the Jackson-Medgar Wiley Evers International Airport, and several highly-rated public and private schools. The property is less than two miles from Jackson’s Medical District, a major economic driver for the region with four hospitals and over 20,000 employees. The medical district is home to the University of Mississippi Medical Center, one of the largest employers in the state, as well as St. Dominic-Jackson Memorial Hospital. The education and health services industry employs 48,100 people in the Jackson metro. Jackson’s multifamily supply is highly restricted due to moratoriums and high construction rates. The region’s job market is strong due to a large number of government and medical jobs, and the Jackson MSA unemployment rate remains steadily low. The population of Flowood, MS has grown 36% since 2010 and is expected to grow another 5% by 2030. Lakeland East offers a strong value-add opportunity with classic interiors across all units and rents below comparable properties. Recent ownership improvements allow new investors to focus capital on high-impact interior and amenity renovations to drive immediate value.