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1300 14th St
Mccomb, MS 39648

Southgate Apartments | $373,244 NOI · Multifamily Property For Sale · 100 Units

Investment Highlights

  • 93% Leased, 100-Unit Multifamily Property Spread Across 22 Buildings
  • $1.3M in CapEx Since April 2022 | 48-Units Totally Rehabbed | Upside By Renovate Remaining Units
  • Just North of I-55 and US Hwy 98 Interchange with Combined Traffic Counts of ±47K VPD
  • Unit Mix of (22) 1-Bedrooms, (36) 2-Bedrooms, (30) 3-Bedrooms, (8) 4-Bedrooms, and (4) 5-Bedrooms
  • Federal Opportunity Zone

PROPERTY FACTS

No. Units 100
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 14.29 AC
Building Size 89,160 SF
Average Occupancy 83%
No. Stories 2
Year Built 1972
Parking Ratio 1.91/1,000 SF

Unit Amenities

  • Washer/Dryer Hookup
  • Refrigerator
  • Oven

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 22 - 750
2+1 36 - 850 - 870
3+1 30 - 950
4+1.5 8 - 1,100 - 1,200
5+1.5 4 - 1,400

zoning

Zoning Code R-PL (Residential)
R-PL (Residential)
  • Listing ID: 29448117

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 1300 14th St, Mccomb, MS 39648

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