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104-Unit Apartment Portfolio
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4100 40th Street 548 Old Country Club Road East, Meridian, MS 39305

Multifamily portfolio comprising two apartment communities in Meridian, Mississippi.

Property Size104,182 SF
Days on Market15

Property Features for 4100 40th Street 548 Old Country Club Road East

General Information

Standard status Active
Size 104,182 SF
Property subtype Multifamily

Additional Details

Multifamily Units 104

Building Details

Units 104
Listing Agency: Matthews
Listed By: Caleb Frizzell · License #000114503-0
Source: Crexi
Added: Aug 11 Changed: Aug 23 Last Checked: Aug 24 at 12:55AM

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 Matthews

Investment Insights

Based on property information with market context.

This apartment portfolio comprises 104 units across two named communities: Colonial Apartments and Northpointe Apartments. The properties are located at 4100 40th Street and 548 Old Country Club Road East in Meridian, Mississippi. Combined property size totals 104,182 square feet, providing a substantial multifamily asset across the two locations.

Key Highlights

  • 104‑unit apartment portfolio
  • 104,182 square feet of total property size
  • Portfolio includes Colonial Apartments and Northpointe Apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center Hair Salon Nail Salon Law Firm Spa & Massage Center

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

104
Residential units

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 39305, MS

19,809
Population
9,547
Households
2.1
Avg Household Size
40
Median Age
35%
College-Educated
89%
High-School Grad
99.1 sq mi
ZIP Area
200
Density / Sq Mi
$65,242
Median Household Income
$38,724
Median Earnings
$1,016
Median Rent
$185,600
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 - Multifamily portfolio comprising two apartment communities in Meridian, Mississippi.
Where is this apartment building located?
The property is located at 4100 40th Street 548 Old Country Club Road East Meridian, MS.
What are key features of this property?
This property features: 104‑unit apartment portfolio; 104,182 square feet of total property size; Portfolio includes Colonial Apartments and Northpointe Apartments
More about this property
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