1808 Jackson W Ave Oxford, MS 38655-4235

This exceptional 1.37-acre property, located at 1808 Jackson Ave W in Oxford, Mississippi, presents a compelling redevelopment opportunity. The existing two-story building, constructed in 1996 and renovated in 2023, encompasses approximately 25,000 square feet and features 51 rooms. Currently zoned Suburban Corridor (SCO), the property offers significant flexibility for various uses, including multifamily residential development. Its prime location, less than a mile from the University of Mississippi campus and 1.5 miles from the Historic Oxford Square, ensures high demand and strong rental potential. The property boasts 82 beds and 49 keys, with a total asking price of $4,200,000, translating to $168 per square foot and $85,714 per key. This represents a significant opportunity for investors seeking to capitalize on Oxford's vibrant growth and dynamic real estate market. The property's APN is 139D-30-003.00. The ownership structure is an LLC. This is a unique chance to acquire a substantial property in a thriving Mississippi community.