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1125 Raymond Rd
Jackson, MS 39204
Southdown Arms Apartments · Multifamily Property For Sale
·
100 Units
Investment Highlights
- Institutional-scale 80-unit multifamily asset with significant value-add upside.
- Recently improved exterior, including roof replacement and updated paintwork.
- Excellent connectivity via I-20 corridor and Raymond Road retail networks.
- Projected stabilized valuation of $8.2 million versus $3 million purchase price.
- Located near Jackson State University and Jackson Medical District—strong tenant drivers.
- Property scale supports on-site management, efficiency-driven operations, and NOI growth.
Property Facts
| No. Units | 100 | Building Size | 89,334 SF |
| Property Type | Multifamily | Average Occupancy | 30% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2017 |
| Building Class | F | Parking Ratio | 2.24/1,000 SF |
| Lot Size | 6.19 AC |
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | F |
| Lot Size | 6.19 AC |
| Building Size | 89,334 SF |
| Average Occupancy | 30% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2017 |
| Parking Ratio | 2.24/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 728 |
| 2+1 | 44 | - | 830 |
| 2+1.5 | 24 | - | 970 |
| 3+1.5 | 8 | - | 1,084 |
Property Taxes
| Parcel Number | 0634-0038-000 | Improvements Assessment | $73,059 |
| Land Assessment | $29,060 | Total Assessment | $102,119 |
Property Taxes
Parcel Number
0634-0038-000
Land Assessment
$29,060
Improvements Assessment
$73,059
Total Assessment
$102,119
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