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Briarwood Hills Apartments 8221 Highway 39 73 Unit Apartment Building For Sale Meridian, MS 39305
Investment Highlights
- Within minutes of Naval Air Station Meridian, East Mississippi State Hospital, Ochsner Rush Health & Anderson Regional Medical Center
- There is a limited supply of renovated multifamily inventory
Executive Summary
The 73-unit community offers strong upside through interior renovations; most kitchens and baths remain original. Upgraded units in the market achieve rent premiums of $243–$289 per month, signaling immediate revenue growth potential. Major exterior and infrastructure work completed in 2020, including new roofs and connection to municipal sewer, allowing new ownership to focus capital on high-return interior upgrades.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 73 | Lot Size | 11.10 AC |
| Property Type | Multifamily | Building Size | 70,000 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1970 |
| Zoning | None | ||
| Sale Type | Investment |
| No. Units | 73 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 11.10 AC |
| Building Size | 70,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | None |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Porch
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
- On-Site Retail
- Smoke Free
- Pond
- Roommate Matching
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 73 | - | 786 |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $328,902 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$328,902
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Briarwood Hills Apartments | 8221 Highway 39
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