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LIHTC Multifamily Portfolio
For Sale
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Pending

700 E Martin Luther King Jr Dr, Greenwood, MS 38930

Three LIHTC apartment properties totaling 280 units, with individually metered utilities and tenant responsibility for electricity, water, and sewer.

Property SizeContact for details
Days on Market146

Property Features for 700 E Martin Luther King Jr Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: CBRE - Baton Rouge
Listed By: Christopher Gremillion · License #LA SALE.0995683909-ACT
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Sep 2 at 5:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Baton Rouge

Investment Insights

Based on property information with market context.

This for-sale LIHTC portfolio includes three apartment properties totaling 280 units. The portfolio consists of Curtis Moore Apartments (104 units) at 700 E Martin Luther King Jr Dr in Greenwood, MS; David L Jordan II & III (72 units) at 1300 Roosevelt Ave in Greenwood, MS; and Riverwalk I & II (104 units) at 738 W Union St in Greenville, MS.

All units at all properties are individually metered for electricity, water, and sewer. Tenant responsibility for these utilities is a key operational feature, shifting utility expense management to residents and allowing the landlord to keep unit utility expenses controlled.

The units are set up across the three buildings within the stated Greenwood and Greenville locations as part of the same LIHTC portfolio offering.

Key Highlights

  • 280‑unit LIHTC portfolio across 3 properties in Greenwood and Greenville, MS
  • Curtis Moore Apartments: 104 units at 700 E Martin Luther King Blvd, Greenwood, MS
  • David L Jordan II & III: 72 total units at 1300 Roosevelt Ave, Greenwood, MS

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Skin Care Clinic HVAC Service Gym & Fitness Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 38930, MS

23,438
Population
10,608
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
194.2 sq mi
ZIP Area
121
Density / Sq Mi
$35,109
Median Household Income
$30,000
Median Earnings
$694
Median Rent
$108,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three LIHTC apartment properties totaling 280 units, with individually metered utilities and tenant responsibility for electricity, water, and sewer.
Where is this apartment building located?
The property is located at 700 E Martin Luther King Jr Dr Greenwood, MS.
What are key features of this property?
This property features: 280‑unit LIHTC portfolio across 3 properties in Greenwood and Greenville, MS; Curtis Moore Apartments: 104 units at 700 E Martin Luther King Blvd, Greenwood, MS; David L Jordan II & III: 72 total units at 1300 Roosevelt Ave, Greenwood, MS
(225) 952-1255 Call to check price and availability
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