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    714 N President St

    Jackson, MS 39202
    • $590,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 335834
    UPDATED: 78 min ago
    $590,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,030
      SQFT
    • $98
      $/SQFT
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    The President Street Apartments are located at 714 N President St in Jackson, MS. This vibrant area is considered to be Jackson's "Arts District." Steps from the Mississippi State Capitol, the location of the property is positioned to cater to a broad range of apartment renters being in close proximity to downtown Jackson, private colleges, a law school, major medical office buildings and 3 major hospitals. One of the hospitals is the University of Mississippi Medical Center, the states only academic health science center. UMMC includes seven health science schools with over 3,000 students. UMMC is one of the largest employers in Mississippi with over 10,000 employees. Throughout recent market conditions, multi-family properties such as this one have proven to be one of the most stable asset classes for investment. Consisting of eight spacious one-bedroom units, this well-built apartment complex boasts a strong occupancy history. Located in an opportunity zone, the property features a new roof, gated parking, and a large green space for tenant use. Several of the units have been updated in recent years but several afford an opportunity for upgrades and rental increases. The sale of this property presents the opportunity to acquire a highly desirable apartment building with a stabilized tenant mix and zero vacancy.

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    © 2020 Central Mississippi MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by Central Mississippi MLS or List For Less MS. Data last updated: 2020-12-02T00:24:22.427.
    www.buyhomeswithsusan.com/homes/111651405
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    714 N President St Jackson, MS 39202

    • Price: $590,000
    • Status: Active
    • Updated: 78 min ago
    • MLS #: 335834
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,030
    SQFT
    $98
    $/SQFT
    1950
    Built
    County:
    Hinds
    Area:
    Jackson
    Property Description
    The President Street Apartments are located at 714 N President St in Jackson, MS. This vibrant area is considered to be Jackson's "Arts District." Steps from the Mississippi State Capitol, the location of the property is positioned to cater to a broad range of apartment renters being in close proximity to downtown Jackson, private colleges, a law school, major medical office buildings and 3 major hospitals. One of the hospitals is the University of Mississippi Medical Center, the states only academic health science center. UMMC includes seven health science schools with over 3,000 students. UMMC is one of the largest employers in Mississippi with over 10,000 employees. Throughout recent market conditions, multi-family properties such as this one have proven to be one of the most stable asset classes for investment. Consisting of eight spacious one-bedroom units, this well-built apartment complex boasts a strong occupancy history. Located in an opportunity zone, the property features a new roof, gated parking, and a large green space for tenant use. Several of the units have been updated in recent years but several afford an opportunity for upgrades and rental increases. The sale of this property presents the opportunity to acquire a highly desirable apartment building with a stabilized tenant mix and zero vacancy.
    Exterior Features

    Exterior Features Insulated DoorsOther Fence FullSecurity Gate Foundation Brick Lot Description .5 To 1 AcresLevel Parking Garage 1-25 SpacesLotOff Street Roof Architectural Shingles Siding Brick Style Mid-Century Type Other Waterfront None

    Interior Features

    Basement None Cooling Wall Unit(S) Equipment Smoke Detectors Heat Source Electric Heating Space HeatersWall Unit Interior Other Unit One Appliances Countertop RangeDryerRefrigeratorWasher Unit Two Appliances Countertop RangeDryerRefrigeratorWasher

    Property Features

    Financing CashConventional Flood Flood Ins Not Req Miscellaneous Dumpster Sewer Available Public Sewer Square Feet Source Public Record Water Available Public

    Listing provided courtesy of Sterling Mccool of Overby, Inc.. © 2020 Central Mississippi MLS. All rights reserved.


    © 2020 Central Mississippi MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by Central Mississippi MLS or List For Less MS. Data last updated: 2020-12-02T00:24:22.427.
     
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