201 Lynn Ln
Starkville, MS 39759
Collegiate Heights · Multifamily Property For Sale · 119 Units

The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Collegiate Heights, a 119-unit multifamily community located in Starkville, Mississippi. Arriving to market following long-term local ownership (20+ years), Collegiate Heights is a market rate asset which offers investors the rare opportunity to acquire meaningful scale in one of Mississippi’s most stable, university-anchored housing markets. The property has been carefully maintained, providing a strong operational foundation with clear upside through professional property management and targeted value-add improvements across common areas and remaining classic unit interiors.
Located less than two miles from Mississippi State University, Collegiate Heights benefits directly from the demand generated by one of the region’s largest economic engines. MSU employs more than 4,500 faculty and staff, enrolls over 23,000 students, and continues to expand through ongoing investment in research, engineering, agriculture, athletics, and campus development. These efforts drive job creation, attract corporate partnerships, and reinforce Starkville’s consistent rental performance and long-term multifamily stability.
Starkville has emerged as one of the Southeast’s most resilient university-oriented markets, supported by a balanced mix of student, faculty, and workforce renters. With a cost of living well below the national average, Starkville consistently ranks among the most affordable college towns and benefits from a diversified economy that includes healthcare, advanced manufacturing, retail, and the rapidly expanding Golden Triangle industrial corridor.
Collegiate Heights is ideally positioned minutes from Starkville’s primary demand drivers, including the Cotton District, historic downtown, Highway 12 retail, Oktibbeha County Hospital, and a full suite of dining and entertainment offerings. Continued public and private investment — from infrastructure improvements to new mixed-use development — is elevating the city’s overall livability and reinforcing renter demand in the surrounding area.
The property will be offered free and clear of existing debt. Please contact the Gulf States office of Marcus & Millichap to discuss this opportunity and other offerings across our pipeline.