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260 S Canton Club Cir - 10-HOME NORTHEAST JACKSON SFR PORTFOLIO | ~8% 10 Unit Apartment Building Offered at $1,400,000 at a 8% Cap Rate Jackson, MS 39211
Executive Summary
10-HOME NORTHEAST JACKSON SFR PORTFOLIO | ~8% CAP RATE
Northeast Jackson, Mississippi | $1,400,000
Offering a 10-home single-family rental portfolio concentrated in Northeast Jackson.
The portfolio is currently fully occupied and generates $14,973 in scheduled monthly rent, or $179,676 annually.
Investment Highlights
* 10 single-family rental homes
* $1,400,000 asking price
* $179,676 scheduled annual rent
* $14,973 scheduled monthly rent
* $111,124 underwritten NOI
* ~8% underwritten cap rate
* Currently fully occupied
* Existing rental operations
* Professional property management available
* Rent rolls, leases, and financials available upon request
Underwriting
Underwritten NOI includes actual property taxes and insurance, 5% management, 3% vacancy, and $100 per home per month maintenance allowance.
An opportunity to acquire 10 income-producing single-family homes in one transaction, with existing tenants and rental operations already in place.
Serious inquiries only. Proof of funds or financing capability may be requested before releasing detailed financials and property documentation.
Owner/Agent
Northeast Jackson, Mississippi | $1,400,000
Offering a 10-home single-family rental portfolio concentrated in Northeast Jackson.
The portfolio is currently fully occupied and generates $14,973 in scheduled monthly rent, or $179,676 annually.
Investment Highlights
* 10 single-family rental homes
* $1,400,000 asking price
* $179,676 scheduled annual rent
* $14,973 scheduled monthly rent
* $111,124 underwritten NOI
* ~8% underwritten cap rate
* Currently fully occupied
* Existing rental operations
* Professional property management available
* Rent rolls, leases, and financials available upon request
Underwriting
Underwritten NOI includes actual property taxes and insurance, 5% management, 3% vacancy, and $100 per home per month maintenance allowance.
An opportunity to acquire 10 income-producing single-family homes in one transaction, with existing tenants and rental operations already in place.
Serious inquiries only. Proof of funds or financing capability may be requested before releasing detailed financials and property documentation.
Owner/Agent
Property Facts
| Price | $1,400,000 | Property Type | Multifamily |
| Price Per Unit | $140,000 | Building Size | 2,041 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 8% | No. Stories | 1 |
| No. Units | 10 | Year Built | 1959 |
| Price | $1,400,000 |
| Price Per Unit | $140,000 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 10 |
| Property Type | Multifamily |
| Building Size | 2,041 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1959 |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
30/100
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260 S Canton Club Cir - 10-HOME NORTHEAST JACKSON SFR PORTFOLIO | ~8%