Log In/Sign Up
Your email has been sent.
780 Highway 61 N
Vicksburg, MS 39183
Eastbrook Apartments · Multifamily Property For Sale
·
120 Units
Investment Highlights
- 15 Buildings - +/- 34.9 Acres
- Comprehensive Renovation 2023- Q1 2026 ($8.0mm + Investment)
- 12-18 Month Operational Stabilization Timeline
- 120 Units: 24 (1 BD / 1 BA), 48 (2 BD / 2 BA), & 48 (3 BD / 2 BA)
- Gated Entrance
- Balanced unit mix supporting single & family households
Executive Summary
NAI UCR Properties is pleased to present Eastbrook Apartments, a 120-unit multifamily community located in the thriving Vicksburg market of Warren County, Mississippi. Built in 1976 and comprehensively renovated 2023- Q1 2026, the property offers Class A interior finishes and amenities in a submarket with no Class A inventory.
The offering is a compelling operational value-add. Approximately $8mm+ of capital improvements is complete; buyer inherits zero unfunded capex for 5-7 years. Current ownership was the original debt and equity provider, who acquired the property through a partnership takeover and subsequent foreclosure. Remaining value creation is operational, third party professional management, autopay rollout, eviction of identified delinquents, RUBS, and market at lease renewal. The property is 85% physically occupied / 82% economically occupied as of May 6th, 2026 (102 of 120 units leased), with stabilization to 92-94% economic occupancy over a 12-18 month operational transition.
Current ownership is a retired, business professional who acquired the property through a partnership takeover after the original operating partner mismanaged construction and was removed.
The Vicksburg market has seen recent economic development announcements totaling around $5B across multiple sectors. The market benefits from a stable employment ecosystem driven by industrial, refinery, logistics, tourism, and increasing digital infrastructure investment. Residents enjoy proximity to major employers, retail services, schools, parks, and a revitalizing downtown district, while the metro connectivity to Jackson, MSA broadens employment options and workforce inflow.
The offering is a compelling operational value-add. Approximately $8mm+ of capital improvements is complete; buyer inherits zero unfunded capex for 5-7 years. Current ownership was the original debt and equity provider, who acquired the property through a partnership takeover and subsequent foreclosure. Remaining value creation is operational, third party professional management, autopay rollout, eviction of identified delinquents, RUBS, and market at lease renewal. The property is 85% physically occupied / 82% economically occupied as of May 6th, 2026 (102 of 120 units leased), with stabilization to 92-94% economic occupancy over a 12-18 month operational transition.
Current ownership is a retired, business professional who acquired the property through a partnership takeover after the original operating partner mismanaged construction and was removed.
The Vicksburg market has seen recent economic development announcements totaling around $5B across multiple sectors. The market benefits from a stable employment ecosystem driven by industrial, refinery, logistics, tourism, and increasing digital infrastructure investment. Residents enjoy proximity to major employers, retail services, schools, parks, and a revitalizing downtown district, while the metro connectivity to Jackson, MSA broadens employment options and workforce inflow.
Property Facts
| Sale Type | Investment | Lot Size | 34.90 AC |
| No. Units | 120 | Building Size | 152,640 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1976/2026 |
| Building Class | B | Parking Ratio | 1.54/1,000 SF |
| Zoning | CBR-4 - Commercial Business Multi-Family Residential | ||
| Sale Type | Investment |
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 34.90 AC |
| Building Size | 152,640 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2026 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | CBR-4 - Commercial Business Multi-Family Residential |
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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 725 |
| 2+2 | 80 | - | 945 |
| 3+3 | 16 | - | 1,200 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $213,724 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$213,724
1 of 46
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
