1515 First Ave
Jackson, MS 39203
Hidden Oak Apartments · Multifamily Property For Sale
·
36 Units
PROPERTY FACTS
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 28,224 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2012 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | C-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Vision Impaired Accessible
ABOUT 1515 FIRST AVE , JACKSON, MS 39203
36 unit Apartment Complex historically more than 90% leased, a value add opportunity at current occupancy of 84% and also anticipated rent increases (current rents below area average), newly remodeled, Gated Security, on site management, 0.5 mile from Jackson State University, 2 miles from Downtown, 3.3 miles to Belhaven University, 3.6 miles to University Medical Center & Millsaps College, 4.7 miles to St. Dominic's Hospital, 8 miles to Mississippi College.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 36 | - | 680 |
PROPERTY TAXES
| Parcel Number | 0131-0069-000 | Improvements Assessment | $44,852 |
| Land Assessment | $6,672 | Total Assessment | $51,524 |
