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BEDS96
BATHS40 full
SQUARE FEET15,532
MLS#4159781
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMetes And Bounds
Property Description
David Jordan Apartments - Phase I presents an excellent investment opportunity featuring 40 income-producing units: 24 two-bedroom, one-bath apartments and 16 three-bedroom, one-bath apartments, 5 buildings, 8 units each. Renovations have brought the property up to current code standards, making it mostly suitable for Section 8 participation or private-market leasing. All units are currently rented at private-market rates. Each apartment features a spacious 6'10 ?? 34' covered front porch and was constructed to ADA-accessible specifications. Additional amenities include a playground, paved parking and a separate management office (666 SF)for an on-site manager. This fully occupied apartment community offers immediate income with professional on-site management capabilities. Currently paying On-site Manager, $450/week On-site maintenance, $600/week
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 3.00 Acres
Roof Type: Architectural Shingles
Stories: 2.0
Taxes: $7,457
Year Built: 1999
Feature Descriptions
Accessibility: Accessible Doors
Days on Site: 11
Flooring: Vinyl
Lot: Level, City Lot
Parcel#: 10015041100320
Patio/Porch: Porch
Security: None
Sewer: Public Sewer
Units: 40
Water: Public
Water Features: None
Window: Blinds
Listed By / Shown By
Listed By
Agency Name: Powers Properties
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
Source: MLS United MLS
Estimate Your Payment
Estimated Payment
$ 3,138.65 per month $2,225.57 Principal & Interest $621.42 Property Tax $291.67 Homeowner's Insurance
1300 Roosevelt Avenue | MLS# 4159781
This multi-family property located at 1300 Roosevelt Avenue, Greenwood, MS 38930 is currently listed for sale with an asking price of $1,000,000. Search Greenwood real estate on www.clcommercialrealestate.com today.