Renovated Apartment
For Sale
Contact for pricing
5 Shenandoah Drive, Hattiesburg, MS 39402
Multifamily portfolio featuring recent renovations across two named apartment properties.
Property SizeContact for details
Days on Market22
Property Features for 5 Shenandoah Drive
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
8.9%
Multifamily Units
125
Listing Agency:
Matthews
Listed By:
Austin Graham · License #GA 3421373
Source:
Crexi
Added: Sep 3
Changed: Sep 22
Last Checked: Sep 22 at 1:23PM
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.
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
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Current Use
Lease Details
125
Residential units
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
Explore this area
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
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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
