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1300 14th St
Mccomb, MS 39648
Southgate Apartments | $373,244 NOI · Multifamily Property For Sale
·
100 Units
Investment Highlights
- 93% Leased, 100-Unit Multifamily Property Spread Across 22 Buildings
- $1.3M in CapEx Since April 2022 | 48-Units Totally Rehabbed | Upside By Renovate Remaining Units
- Just North of I-55 and US Hwy 98 Interchange with Combined Traffic Counts of ±47K VPD
- Unit Mix of (22) 1-Bedrooms, (36) 2-Bedrooms, (30) 3-Bedrooms, (8) 4-Bedrooms, and (4) 5-Bedrooms
- Federal Opportunity Zone
Property Facts
| No. Units | 100 | Building Size | 89,160 SF |
| Property Type | Multifamily | Average Occupancy | 81% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 14.29 AC | ||
| Zoning | R-PL - Residential | ||
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 14.29 AC |
| Building Size | 89,160 SF |
| Average Occupancy | 81% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | R-PL - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 22 | - | 750 |
| 2+1 | 36 | - | 850 - 870 |
| 3+1 | 30 | - | 950 |
| 4+1.5 | 8 | - | 1,100 - 1,200 |
| 5+1.5 | 4 | - | 1,400 |
Property Taxes
| Parcel Number | 582872-B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $272,923 |
Property Taxes
Parcel Number
582872-B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$272,923
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