Renovated Apartment
5 Shenandoah Drive, Hattiesburg, MS 39402
For Sale
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Multifamily portfolio featuring recent renovations across two named apartment properties.
Property SizeContact for details
Days on Market68
Property Features for 5 Shenandoah Drive
General Information
Standard status
Property subtype
Additional Details
Cap Rate
Multifamily Units
Listing Agency:
Matthews
Listed By:
Austin Graham · License #GA 3421373
Source:
Crexi
Added: Sep 3
Changed: Nov 4
Last Checked: Nov 8 at 6:59AM
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
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Investment Insights
Based on property information with market context.
The Grande at Timberwood and The Grande at Hub City comprise a 125-unit apartment portfolio offered for sale. Recent renovations are part of the property profile, with the improvements referenced in the listing materials.
The portfolio is located at 5 Shenandoah Drive in Hattiesburg, Mississippi. An 8.90% cap rate is reported for the offering, providing a key financial metric for prospective buyers evaluating the apartment assets.
The portfolio is located at 5 Shenandoah Drive in Hattiesburg, Mississippi. An 8.90% cap rate is reported for the offering, providing a key financial metric for prospective buyers evaluating the apartment assets.
Key Highlights
- 125‑unit apartment portfolio
- 8.90% cap rate
- Recent renovations included
Property Analytics
Who owns this building?
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Lease Details
125
Residential units
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
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Business Placement
Demographics for 39402, MS
44,633
Population
18,780
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
93.2 sq mi
ZIP Area
479
Density / Sq Mi
$71,254
Median Household Income
$41,552
Median Earnings
$1,183
Median Rent
$255,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily portfolio featuring recent renovations across two named apartment properties.
Where is this apartment building located?
The property is located at 5 Shenandoah Drive Hattiesburg, MS.
What is the asking price?
The asking price for this property is $8,100,000.
What are key features of this property?
This property features: 125‑unit apartment portfolio; 8.90% cap rate; Recent renovations included
