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770 Lakeland Dr
Jackson, MS 39216
Fondren Hill · Multifamily Property For Sale
·
96 Units
Investment Highlights
- Bullseye Fondren District location near locally owned restaurants, bars, coffee shops, and bakeries
- Less than three miles from Downtown Jackson (40,000 government jobs)
- Across the street from Jackson's medical district: UMMC (10,000 employees; 3,000 students) and St. Dominic-Jackson Memorial Hospital (3,000 employees)
- Well-positioned for an upgrade program to narrow rental gap with competing properties—$250+ in rent premium headroom
Property Facts
| No. Units | 96 | Building Size | 87,919 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2015 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 2.83 AC | ||
| Zoning | R-5 - Residential | ||
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.83 AC |
| Building Size | 87,919 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2015 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | R-5 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Dining Room
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Gated
- Grill
- Package Service
- Planned Social Activities
- Walking/Biking Trails
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 613 - 660 |
| 1+1 | 39 | - | 720 |
| 2+1 | 14 | - | 720 - 1,144 |
| 2+1.5 | 39 | - | 1,128 - 1,150 |
Property Taxes
| Parcel Number | 0002-0001-000 | Improvements Assessment | $427,478 |
| Land Assessment | $27,737 | Total Assessment | $455,215 |
Property Taxes
Parcel Number
0002-0001-000
Land Assessment
$27,737
Improvements Assessment
$427,478
Total Assessment
$455,215
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