Vicksburg Multifamily
2501 Culkin Road, Vicksburg, MS 39183
Portfolio of 3 apartment communities with 239 units in Vicksburg, MS.
Type:Multifamily
Property size:
202,888 SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 6 at 12:13 am
Property Features for 2501 Culkin Road
General Information
- Standard status
- Active
- Size
- 202,888 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing agent Jason Hyde (205) 516-6107
Listing office (205) 516-6107
Listing date Nov 21, 2025
Source Svn
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 Jason Hyde
HighLights
- High occupancy rate of 98% indicates strong tenant demand.
- Attractive assumable loan options with interest rates of 4.15% and 5.56%.
- Portfolio of 3 apartment communities (Cannongate, Pecan Ridge, & River Oaks) in Vicksburg, MS.
- Value‑add opportunity through further renovations.
- Located in a growing area with new commercial and community development investments.
- 8% Cash on Cash return with current T‑3 financials.
Overview
The Vicksburg Mississippi Portfolio comprises multifamily properties located in Vicksburg, MS, featuring 239 units across three properties. These properties are located in and around the Vicksburg Metro, appealing to tenants employed in the city and seeking a quieter lifestyle surrounded by natural beauty. The portfolio offers investors a value-add opportunity, with much of the renovation work already completed. The properties benefit from a convenient yet peaceful setting in Vicksburg, situated just off I-20 and minutes from the Mississippi River, and are in close proximity to one another. The neighborhood balances small-town charm with access to modern amenities, placing residents close to shopping centers, dining, schools, and historic attractions, while maintaining a tucked-away residential atmosphere. The properties include Cannongate, Pecan Ridge, and River Oaks, totaling 202,888 square feet of rentable space. The occupancy rate is high at 98%. Cannongate has been ranked as the #1 Apartment Complex in Vicksburg for the second year in a row. The properties are partially renovated with proven premiums on renovated units, presenting a value-add opportunity to enhance performance. Attractive assumable loan options are available with interest rates of 4.15% and 5.56%. The portfolio offers the opportunity for long-term growth and income generation, with new commercial and community development investments priming Vicksburg for growth. The cash on cash return is 8% with current T-3 financials.
Property Profile
Location Intelligence
Current Use by Public Records
Pecan Ridge Apartments
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Vicksburg
- County
- Warren
- State
- Mississippi
- Longitude
- -90.8084
- Latitude
- 32.3776
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Portfolio of 3 apartment communities with 239 units in Vicksburg, MS.
Where is this apartment building located?
The property is located at 2501 Culkin Road Vicksburg, MS.
What are key features of this property?
This property features: High occupancy rate of 98% indicates strong tenant demand.; Attractive assumable loan options with interest rates of 4.15% and 5.56%.; Portfolio of 3 apartment communities (Cannongate, Pecan Ridge, & River Oaks) in Vicksburg, MS.
