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738 W Union St
Greenville, MS 38701
104 Affordable Units | Mississippi · Multifamily Property For Sale · 104 Units

INVESTMENT HIGHLIGHTS

  • 738 W Union St is a 104-unit investment offering with 14 buildings and near-immediate access to Downtown Greenville, US Hwy 278, and SR 1.
  • Premier and reliable offering: Riverwalk I & II currently operate under the Section 42 Low Income Housing Tax Credit (LIHTC) program.
  • Nearly 50% of residents living within a 5-mile radius of Riverwalk Apartments rely on rental properties as their primary residence.
  • Riverwalk Apartments are offered free and clear of current financing with multiple years of interest-only financing available.
  • Over 29,797 residents live within a 5-mile radius and earn an average household income of $47,421.
  • Retailers and community amenities surrounding Riverwalk Apartments include Family Dollar, Delta Health System, and Dollar General.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 104
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 12.90 AC
Building Size 91,360 SF
Average Occupancy 95%
No. Stories 2
Year Built 2002
Parking Ratio 2.33/1,000 SF
Zoning R-5 - Multifamily District
Parcel Numbers
11975800000
  • 11976000000

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Laundry Facilities
  • Listing ID: 29311211

  • Date on Market: 8/18/2023

  • Last Updated:

  • Address: 738 W Union St, Greenville, MS 38701

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