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    Multifamily Property with Renovation Potential Title is generated by Realmo AI

    3175 Robinson Rd, Jackson, MS 39209

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    225-unit multifamily property with value-add potential in Jackson, MS.

    Type:Multifamily
    Added:
    Apr 5, 2024
    Days on Market:
    825
    Last Refresh:
    Jul 2 at 9:20 am

    Property Features for 3175 Robinson Rd

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    David Nissanian

    Listing office ZUZ REALTY

    Listing date Apr 5, 2024

    Source Crexi

    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 ZUZ REALTY

    HighLights

    • Value‑add opportunity with 225 total units.
    • 45 fully renovated vacant units ready for immediate rental income.
    • 80+ units are already occupied after renovations.
    • Significant upside potential through renovation of 100 vacant units.
    • Built in 1974.
    • Existing occupancy provides immediate cash flow.

    Overview

    This multifamily property, constructed in 1974, comprises a total of 225 units. Currently, over 80 units are occupied following renovations. An additional 45 units have been fully renovated and are vacant, ready for rental. The remaining 100 vacant units require renovation, presenting a value-add opportunity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    HVAC Service Real Estate Agency Electrical Service Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.2391505
    Latitude
    32.303469

    FAQs

    What type of property is this?
    Apartment building - 225-unit multifamily property with value-add potential in Jackson, MS.
    Where is this apartment building located?
    The property is located at 3175 Robinson Rd Jackson, MS.
    What is the asking price?
    The asking price for this property is $10,499,997.
    What are key features of this property?
    This property features: Value‑add opportunity with 225 total units.; 45 fully renovated vacant units ready for immediate rental income.; 80+ units are already occupied after renovations.
    More about this property
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