ID: 6187
46 unit jackson ms
almost all vacant
Jackson, MS 39204 | | 17.02%
Asking Price: $1,249,999
10% emd
Property Description:
—a secure, hassle-free investment opportunity in a gated community. This turnkey 46-unit complex spans .93 acres with 21,715 square feet of strategic rental space across two manageable stories.
With convenient on-site parking and controlled access points, this property offers the security tenants demand and the simplified management investors crave. Nearly 50% of the 50-bedroom inventory (featuring one and two-bedroom layouts) underwent complete renovation last year, creating move-in ready spaces that immediately enhance your bottom line.
This positive cash-flowing asset requires minimal oversight while delivering maximum returns. The property's thoughtful layout and robust infrastructure eliminate common management headaches, allowing you to focus on optimizing your investment rather than day-to-day operations.
With the recent abolishment of state income tax, Willow Street Apartments offers the rare combination of current profitability with significant upside potential. This beautiful, secure property presents a clear path to passive income excellence—the perfect addition to any serious investor's portfolio.
Area Highlights
downtown Jackson, this secure gated community places residents just 5 minutes from Jackson State University and 7 minutes from the Medical District's 20,000+ healthcare jobs. Your tenants will appreciate living just 3 blocks from the transformative $30 million Jackson Yards development, while Amazon's $10 billion data center and the expanding Continental Tire Plant (adding 2,500 jobs by 2028) create unprecedented employment stability.
Government professionals (40,000 jobs citywide) value our security features and convenient access to downtown offices. Weekend recreation at the nearby 33,000-acre Ross Barnett Reservoir complements walkable access to St. Peter's Catholic Church and First Baptist Jackson. Multiple high-performing schools serve families within a 2-mile radius. With Jackson adding only 860 multifamily units in 15 years, Willow Street Apartments represents that rare investment opportunity: a positive cash-flowing property in a supply-restricted, demand-rich location where community thrives alongside economic growth.
Construction Needed
Total Units: 46 units across two sturdy, two-story buildings, offering a mix of one-bedroom and two-bedroom layouts—a solid foundation for value creation.
Current Status: 12 units are rented and cash-flowing, providing immediate income and stability for investors looking to build on existing revenue streams.
Ready to Rent: 20 units have been fully renovated just over a year ago, move-in ready—perfect for quickly boosting occupancy and rental income with minimal upfront cost.
Renovated Units: 32 units total (12 rented + 20 ready) are in strong shape, showcasing recent upgrades like luxury vinyl tile, new countertops, and refreshed bathrooms—prime for attracting tenants and commanding market rents.
Units Needing Work: 14 units require attention, with 12 needing extensive work and an estimated $100-150k investment—offering a clear value-add opportunity to transform these into high-return assets.
Value Potential: Completing renovations on the 14 units could unlock significant upside, potentially increasing the property’s pro-forma NOI and cap rate—ideal for investors seeking substantial growth through strategic improvements.
—a secure, hassle-free investment opportunity in a gated community. This turnkey 46-unit complex spans .93 acres with 21,715 square feet of strategic rental space across two manageable stories.
With convenient on-site parking and controlled access points, this property offers the security tenants demand and the simplified management investors crave. Nearly 50% of the 50-bedroom inventory (featuring one and two-bedroom layouts) underwent complete renovation last year, creating move-in ready spaces that immediately enhance your bottom line.
This positive cash-flowing asset requires minimal oversight while delivering maximum returns. The property’s thoughtful layout and robust infrastructure eliminate common management headaches, allowing you to focus on optimizing your investment rather than day-to-day operations.
With the recent abolishment of state income tax, offers the rare combination of current profitability with significant upside potential. This beautiful, secure property presents a clear path to passive income excellence—the perfect addition to any serious investor’s portfolio.
Type
Multi Family
Build
1970
Size
21,715 sq ft sq ft
Lot Size
.93 sq ft acres
circumvention prohibited
46 unit jackson ms
almost all vacant
Jackson, MS 39204 | | 17.02%
Asking Price: $1,249,999
10% emd
Property Description:
—a secure, hassle-free investment opportunity in a gated community. This turnkey 46-unit complex spans .93 acres with 21,715 square feet of strategic rental space across two manageable stories.
With convenient on-site parking and controlled access points, this property offers the security tenants demand and the simplified management investors crave. Nearly 50% of the 50-bedroom inventory (featuring one and two-bedroom layouts) underwent complete renovation last year, creating move-in ready spaces that immediately enhance your bottom line.
This positive cash-flowing asset requires minimal oversight while delivering maximum returns. The property's thoughtful layout and robust infrastructure eliminate common management headaches, allowing you to focus on optimizing your investment rather than day-to-day operations.
With the recent abolishment of state income tax, Willow Street Apartments offers the rare combination of current profitability with significant upside potential. This beautiful, secure property presents a clear path to passive income excellence—the perfect addition to any serious investor's portfolio.
Area Highlights
downtown Jackson, this secure gated community places residents just 5 minutes from Jackson State University and 7 minutes from the Medical District's 20,000+ healthcare jobs. Your tenants will appreciate living just 3 blocks from the transformative $30 million Jackson Yards development, while Amazon's $10 billion data center and the expanding Continental Tire Plant (adding 2,500 jobs by 2028) create unprecedented employment stability.
Government professionals (40,000 jobs citywide) value our security features and convenient access to downtown offices. Weekend recreation at the nearby 33,000-acre Ross Barnett Reservoir complements walkable access to St. Peter's Catholic Church and First Baptist Jackson. Multiple high-performing schools serve families within a 2-mile radius. With Jackson adding only 860 multifamily units in 15 years, Willow Street Apartments represents that rare investment opportunity: a positive cash-flowing property in a supply-restricted, demand-rich location where community thrives alongside economic growth.
Construction Needed
Total Units: 46 units across two sturdy, two-story buildings, offering a mix of one-bedroom and two-bedroom layouts—a solid foundation for value creation.
Current Status: 12 units are rented and cash-flowing, providing immediate income and stability for investors looking to build on existing revenue streams.
Ready to Rent: 20 units have been fully renovated just over a year ago, move-in ready—perfect for quickly boosting occupancy and rental income with minimal upfront cost.
Renovated Units: 32 units total (12 rented + 20 ready) are in strong shape, showcasing recent upgrades like luxury vinyl tile, new countertops, and refreshed bathrooms—prime for attracting tenants and commanding market rents.
Units Needing Work: 14 units require attention, with 12 needing extensive work and an estimated $100-150k investment—offering a clear value-add opportunity to transform these into high-return assets.
Value Potential: Completing renovations on the 14 units could unlock significant upside, potentially increasing the property’s pro-forma NOI and cap rate—ideal for investors seeking substantial growth through strategic improvements.
—a secure, hassle-free investment opportunity in a gated community. This turnkey 46-unit complex spans .93 acres with 21,715 square feet of strategic rental space across two manageable stories.
With convenient on-site parking and controlled access points, this property offers the security tenants demand and the simplified management investors crave. Nearly 50% of the 50-bedroom inventory (featuring one and two-bedroom layouts) underwent complete renovation last year, creating move-in ready spaces that immediately enhance your bottom line.
This positive cash-flowing asset requires minimal oversight while delivering maximum returns. The property’s thoughtful layout and robust infrastructure eliminate common management headaches, allowing you to focus on optimizing your investment rather than day-to-day operations.
With the recent abolishment of state income tax, offers the rare combination of current profitability with significant upside potential. This beautiful, secure property presents a clear path to passive income excellence—the perfect addition to any serious investor’s portfolio.
Type
Multi Family
Build
1970
Size
21,715 sq ft sq ft
Lot Size
.93 sq ft acres
circumvention prohibited
ID: 6187
46 unit jackson ms
almost all vacant
Jackson, MS 39204 | | 17.02%
Asking Price: $1,249,999
10% emd
Property Description:
—a secure, hassle-free investment opportunity in a gated community. This turnkey 46-unit complex spans .93 acres with 21,715 square feet of strategic rental space across two manageable stories.
With convenient on-site parking and controlled access points, this property offers the security tenants demand and the simplified management investors crave. Nearly 50% of the 50-bedroom inventory (featuring one and two-bedroom layouts) underwent complete renovation last year, creating move-in ready spaces that immediately enhance your bottom line.
This positive cash-flowing asset requires minimal oversight while delivering maximum returns. The property's thoughtful layout and robust infrastructure eliminate common management headaches, allowing you to focus on optimizing your investment rather than day-to-day operations.
With the recent abolishment of state income tax, Willow Street Apartments offers the rare combination of current profitability with significant upside potential. This beautiful, secure property presents a clear path to passive income excellence—the perfect addition to any serious investor's portfolio.
Area Highlights
downtown Jackson, this secure gated community places residents just 5 minutes from Jackson State University and 7 minutes from the Medical District's 20,000+ healthcare jobs. Your tenants will appreciate living just 3 blocks from the transformative $30 million Jackson Yards development, while Amazon's $10 billion data center and the expanding Continental Tire Plant (adding 2,500 jobs by 2028) create unprecedented employment stability.
Government professionals (40,000 jobs citywide) value our security features and convenient access to downtown offices. Weekend recreation at the nearby 33,000-acre Ross Barnett Reservoir complements walkable access to St. Peter's Catholic Church and First Baptist Jackson. Multiple high-performing schools serve families within a 2-mile radius. With Jackson adding only 860 multifamily units in 15 years, Willow Street Apartments represents that rare investment opportunity: a positive cash-flowing property in a supply-restricted, demand-rich location where community thrives alongside economic growth.
Construction Needed
Total Units: 46 units across two sturdy, two-story buildings, offering a mix of one-bedroom and two-bedroom layouts—a solid foundation for value creation.
Current Status: 12 units are rented and cash-flowing, providing immediate income and stability for investors looking to build on existing revenue streams.
Ready to Rent: 20 units have been fully renovated just over a year ago, move-in ready—perfect for quickly boosting occupancy and rental income with minimal upfront cost.
Renovated Units: 32 units total (12 rented + 20 ready) are in strong shape, showcasing recent upgrades like luxury vinyl tile, new countertops, and refreshed bathrooms—prime for attracting tenants and commanding market rents.
Units Needing Work: 14 units require attention, with 12 needing extensive work and an estimated $100-150k investment—offering a clear value-add opportunity to transform these into high-return assets.
Value Potential: Completing renovations on the 14 units could unlock significant upside, potentially increasing the property’s pro-forma NOI and cap rate—ideal for investors seeking substantial growth through strategic improvements.
—a secure, hassle-free investment opportunity in a gated community. This turnkey 46-unit complex spans .93 acres with 21,715 square feet of strategic rental space across two manageable stories.
With convenient on-site parking and controlled access points, this property offers the security tenants demand and the simplified management investors crave. Nearly 50% of the 50-bedroom inventory (featuring one and two-bedroom layouts) underwent complete renovation last year, creating move-in ready spaces that immediately enhance your bottom line.
This positive cash-flowing asset requires minimal oversight while delivering maximum returns. The property’s thoughtful layout and robust infrastructure eliminate common management headaches, allowing you to focus on optimizing your investment rather than day-to-day operations.
With the recent abolishment of state income tax, offers the rare combination of current profitability with significant upside potential. This beautiful, secure property presents a clear path to passive income excellence—the perfect addition to any serious investor’s portfolio.
Type
Multi Family
Build
1970
Size
21,715 sq ft sq ft
Lot Size
.93 sq ft acres
circumvention prohibited
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