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16625511
16625513

3175 Robinson Rd, Jackson, MS 39209

DN
10311201336 NY
ZUZ REALTY
Listed by ZUZ REALTY
$10,499,997
790 days on market
Updated 71 days ago

Robinson St, Jackson

Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Units 225
Cap Rate 17.9%
NOI $1,880,000
Class C
Year Renovated 2022
Investment Type Value Add

Incredible opportunity to add value

Marketing description

Value Add Deal!

Built in 1974 and has a total of 225 units.

Currently, 80+ units are occupied after renovations,

45 units have been fully renovated and are now vacant

and ready to be rented.

The remaining 100 units are currently vacant and

need to be renovated.

Investment highlights

Value Add Deal!

Addison Place offers a mixture of comfort and quality. You'll find this community on Robinson Rd in Jackson. From amenities to availability, the profeAddison Place is a gated community offering a mixture of comfort and quality. It is located on Robinson Rd in Jackson, in Hinds County, and the 39209 ZIP Code. It is served by the Jackson Public School Dist attendance zone. Addison Place has a professional leasing team that is excited to help you find your new home. Call us now to learn more about our community.ssional leasing team is excited to help you find your new home. Give us a call now to learn more about our community.

Addison Place is an apartment community located in Hinds County and the 39209 ZIP Code. This area is served by the Jackson Public School Dist attendance zone.

Unique Features

  • Sports Court

  • Gated Community

  • Night Patrol

  • Fitness Center

  • Washer and Dryer Connections

  • Sparkling Swimming Pool

  • Large Closets

  • 1, 2, and 3 Bedroom Apartments

  • On-site Maintenance

Community Amenities

Pool

Fitness Center

Laundry Facilities

Playground

  • Laundry Facilities

  • Controlled Access

  • Property Manager on Site

  • Clubhouse

  • Fitness Center

  • Pool

  • Playground

  • Gameroom

  • Gated

  • Courtyard

Apartment Features

Air Conditioning

Washer/Dryer Hookup

High Speed Internet Access

Walk-In Closets

  • High-Speed Internet Access

  • Washer/Dryer Hookup

  • Air Conditioning

  • Smoke-Free

  • Tub/Shower

  • Kitchen

  • Oven

  • Range

  • Refrigerator

  • Carpet

  • Walk-In Closets

  • Linen Closet

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees Pets Parking

Details

Utilities Included

  • Water

  • Trash Removal

  • Sewer

Lease Options

  • 12 Months

Property Information

  • Built-in 1974

  • 225 units/2 stories

Listing Contacts

DN
10311201336 NY
ZUZ REALTY
Listed by ZUZ REALTY

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,880,000.00
$156,666.67/mo

Valuation Metrics

0
DSCR
17.9%
Cap Rate
17.9%
ROI

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