1160 Beauchamp St Greenville, MS 38703

This exceptional 100-unit apartment building in Greenville, Mississippi presents a compelling investment opportunity. The property, located at 1160 Beauchamp St, 38703, comprises 85,077 square feet across 15 buildings situated on a 7.6-acre lot. Built in 1973, the complex offers a mix of one, two, and three-bedroom units, currently boasting a 94% occupancy rate. The strong performance translates to a substantial net operating income (NOI) of $324,694, generating an attractive 8.00% capitalization rate on an asking price of $4,058,675. The property's strategic location between major thoroughfares and its proximity to various amenities contribute to its consistent occupancy and rental income of $674,000. This multifamily investment offers a balanced combination of strong financial performance and a desirable location in Greenville, MS. The property's size and unit mix provide a diverse revenue stream and potential for future growth. This is a rare opportunity to acquire a well-established, high-performing apartment complex in a growing market.