Property summary
This exceptional investment opportunity presents a 60-unit apartment complex, River Bend Apartments, located at 501 Cypress Ln, Greenville, MS 38701. The property boasts a 91% occupancy rate and comprises seven, two-story buildings situated on an expansive 8-acre lot. The 54,345 square foot complex offers a mix of one- and two-bedroom units, averaging 897.68$/month in rent. Built in 1972 and extensively renovated in 2024, the property features 120 parking spaces (a 2:1 ratio), central air… conditioning (85% newly installed), and on-site laundry facilities. Approximately 80% of units include modern upgrades and spacious layouts with balconies. Community amenities include a swimming pool and clubhouse. The property benefits from its strategic location near Highway 278, just 10 minutes from downtown Greenville, and close proximity to major employers, retailers (Walmart, Lowe's, etc.), and amenities (Greenville Indoor Mall, Delta Health System Medical Center, Greenville Golf & Country Club, and Tropicana Casino). Greenville's population of over 29,000 within a 5-mile radius ensures a consistent renter pool. The property's current gross operating income is $579,192, with a net operating income of $393,662. Pro forma projections indicate a potential gross operating income of $735,660 and a net operating income of $448,877, reflecting the potential for rental increases and further value enhancement. This stabilized multifamily investment offers significant upside potential through strategic renovations and rent increases, making it a compelling opportunity in the Greenville market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 properties in this cityComparable in this city
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 54,345 SF
- Lot area
- 8 ac
- Year built
- 172
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
