1201 South St Vicksburg, MS 39180
This exceptional 30,000-square-foot multi-family complex located at 1201 South Street in Vicksburg, Mississippi, presents a compelling investment opportunity. The property sits on a five-acre lot and boasts 43 well-maintained units, ensuring a strong potential for consistent rental income. Tenant convenience is prioritized with an on-site laundry facility and ample parking. Its strategic location offers the best of both worlds: proximity to the vibrant downtown Vicksburg area and easy access to Interstate 20, enhancing both desirability and accessibility for residents. The property also includes convenient on-site office space, streamlining management and adding to its overall versatility. This turnkey investment is ideal for both seasoned investors looking to expand their portfolio and those seeking their first multi-family acquisition. The property's location near historic Vicksburg attractions and essential services contributes to its long-term value and potential for stable returns in a growing market. This is a rare chance to acquire a substantial piece of Vicksburg real estate with significant income-generating potential. The property is priced at $1,350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.