1600 27th St N 14 Unit Apartment Building $545,000 ($38,929/Unit) Columbus, MS 39701

1600 27th St N | Columbus, MS 39701
Value-Add Multifamily Investment Opportunity | 14 Units | 9,302 SF
Take advantage of the opportunity to acquire a well-positioned multifamily asset in the growing Columbus, Mississippi market. Situated on approximately 1.44 acres, this 14-unit apartment community offers 9,302 square feet of rentable space and provides investors with multiple avenues to increase long-term value through operational improvements, strategic renovations, and rental optimization. The property was constructed in 1980 and features durable construction with central HVAC systems and a functional two-story layout.
Located just minutes from Downtown Columbus, major retail corridors, medical facilities, and educational institutions, the property benefits from consistent rental demand driven by local employers, nearby universities, and the regional economy. The convenient location also offers quick access to major transportation routes, enhancing tenant appeal.
Whether you're seeking a cash-flowing asset with upside or a long-term multifamily investment in a stable secondary market, 1600 27th St N presents an attractive opportunity to expand your portfolio.
Investment Highlights
* 14-unit multifamily apartment community
* Approximately 9,302 SF on 1.44 acres
* Two-story building constructed in 1980
* Central HVAC throughout the property
* Value-add opportunity through rental and operational improvements
* Strong location near Downtown Columbus, employment centers, shopping, and healthcare
* Ideal for private investors, syndicators, and multifamily operators seeking long-term appreciation and income growth.