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Multifamily Property with Renovation Potential
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3175 Robinson Rd, Jackson, MS 39209

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

Property SizeContact for details
Days on Market873

Property Features for 3175 Robinson Rd

General Information

Standard status Active
Class C
Property subtype Multifamily
Investment Type Value Add
Net Operating Income $1,880,000

Building Details

Year Renovated 2022
Units 225
Listing Agency: ZUZ REALTY
Listed By: David Nissanian · License #10311201336 NY
Source: Crexi
Added: Apr 5, 2024 Changed: Aug 21 Last Checked: Aug 24 at 2:42PM

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

Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 39209, MS

25,227
Population
12,438
Households
2
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
62.3 sq mi
ZIP Area
405
Density / Sq Mi
$35,103
Median Household Income
$27,351
Median Earnings
$969
Median Rent
$74,600
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 - 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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