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Turnkey Multifamily Rental Portfolio
For Sale
$1,500,000

212 N Church Street, Brookhaven, MS 39601

MULTI_FAMILY - Brookhaven, MS

Property Size6,237 SF
Lot Size0.45 Acres
Price / SF$240.50
Days on Market50

Property Features for 212 N Church Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bedroom 1, Bathroom 1
Parking 18
Window features Aluminum Frames, Insulated Windows
Pets allowed Number Limit, Call, Breed Restrictions, Size Limit
Subdivision Metes And Bounds
Lot features Level, City Lot, Few Trees, Level, City Lot, Few Trees
Standard status Active
APN B87-18-2-201
Size 6,237 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description B87-07-03-031, B77-13-01-017, B87-07-3-048, B77-13-01-047, B77-13-01-061, B77-13-01-060, B77-13-02-081, B77-13-01-045, B87-07-02-018, B87-07-02-141, B87-07-02-128, B87-07-02-139, B87-07-02-120, B87-07-02-045, B87-07-02-108, B87-18-02-226, B87-07-02-094, B87-07-02-038
Tax Annual Amount 5341
Legal Description B87-07-03-031, B77-13-01-017, B87-07-3-048, B77-13-01-047, B77-13-01-061, B77-13-01-060, B77-13-02-081, B77-13-01-045, B87-07-02-018, B87-07-02-141, B87-07-02-128, B87-07-02-139, B87-07-02-120, B87-07-02-045, B87-07-02-108, B87-18-02-226, B87-07-02-094, B87-07-02-038

Utilities

Utilities Cable Available
Sewer type Public Sewer

Building Details

Floors in Building 2
Number of units 30
Flooring type Carpet, Laminate
Roof type Shingle
Listing Agency: 4 Corner Properties, LLC
Listed By: Lindsey M Gennaro · License #S59043
Added: Jun 16 Changed: Jul 24 Last Checked: Aug 4 at 6:06AM
MLS# 4152939

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The offering consists of a 30-door residential portfolio sold as one package and not separated. It includes 18 single-family rental homes plus The Cedars, a fully occupied 12-unit apartment complex. The apartment community offers a mix of one- and two-bedroom units, with several updated interiors and a newer roof.

The Cedars is located at 212 N Church Street in Brookhaven, Mississippi, with the single-family homes included as part of the same consolidated purchase. Financials, rent rolls, and additional due diligence materials are available to qualified buyers.

This is a practical fit for investors or operators seeking a turnkey acquisition that combines multifamily and single-family rental components under one ownership. With the apartment community already fully occupied and the homes included as part of the same transaction, the structure supports a diversified residential rental profile while keeping underwriting and management at the portfolio level. Serious inquiries only; review of available documentation is recommended for buyers moving forward.

Key Highlights

  • Package includes 18 single‑family rental homes plus The Cedars, a fully occupied 12‑unit apartment complex at 212 N Church Street
  • The Cedars offers 1- and 2‑bedroom units and includes several updated interiors
  • The Cedars has a newer roof and is supported by a strong occupancy history

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Garden Center (Bike/Boat/Book/etc) Store Catering Service Kitchen & Bath Showroom

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

Lease Details

12
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 39601, MS

22,819
Population
10,689
Households
2.1
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
264.6 sq mi
ZIP Area
86
Density / Sq Mi
$43,750
Median Household Income
$35,057
Median Earnings
$772
Median Rent
$121,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Turnkey package combining a fully occupied 12-unit apartment complex with 18 single-family rental homes in one non-separable offering.
Where is this apartment building located?
The property is located at 212 N Church Street Brookhaven, MS.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Package includes 18 single‑family rental homes plus The Cedars, a fully occupied 12‑unit apartment complex at 212 N Church Street; The Cedars offers 1- and 2‑bedroom units and includes several updated interiors; The Cedars has a newer roof and is supported by a strong occupancy history
More about this property
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