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- LoopNet Team
780 Highway 61 N
Vicksburg, MS 39183
Condo Conversion · Multifamily Property For Sale
·
156 Units
PROPERTY FACTS
| No. Units | 156 | Building Size | 152,640 SF |
| Property Type | Multifamily | Average Occupancy | 1% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1976/2018 |
| Building Class | B | Parking Ratio | 1.54/1,000 SF |
| Lot Size | 34.90 AC |
| No. Units | 156 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 34.90 AC |
| Building Size | 152,640 SF |
| Average Occupancy | 1% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2018 |
| Parking Ratio | 1.54/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Fitness Center
- Tenant Controlled HVAC
- Walking/Biking Trails
- Walk-Up
ABOUT 780 HIGHWAY 61 N , VICKSBURG, MS 39183
PARK AVENUE PROJECT PHASE OVERVIEW Phase : Renovation Detail a.Rehab Cost b.Gross Sales c.Gross Profit Phase 1 : 24 Two Bed / 2 Offices / Road a. $560,427 b. $2,640,000 c. $2,079,573 Phase 2 : 24 One Bed /Tennis,Pool,ClubHouse a. $512,250 b. $2,280,000 c. $1,767,750 Phase 3 : 16 Three Bed / 48 Two Bed / Ball Ct a. $1,213,082 b. $7,200,000 c. $5,986,919 Phase 4 : 48 Three Bed / Club,Pool,Play,Picnic a. $953,750 b. $5,760,000 c. $4,806,250 Total a. $3,239,509 b. $17,880,000 c. $14,640,491 a. Rehab Cost b. Gross sales c. Gross profit
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 725 |
| 2+2 | 80 | - | 945 |
| 3+2 | 48 | - | 1,200 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $213,724 |
PROPERTY TAXES
