Campus Cottages
VALUE ADD with rents below market! | Apartments next to USM | 7.49% CAP
Marketing description
Introducing CAMPUS COTTAGES, an exceptional property located at 119 N 35TH AVE, HATTIESBURG, MS 39401. This prime real estate offers a perfect opportunity for investors looking to acquire a lucrative asset in a sought-after location. Boasting a strategic location, these cottages are situated in a desirable area with high potential for growth and profitability. The property's proximity to key amenities, transportation, and educational institutions makes it an attractive option for renters or buyers. With exhaustive foundational details and favorable demographics, the CAMPUS COTTAGES promise an excellent investment opportunity. The property's financial analysis underscores its potential for strong returns and long-term value appreciation. Don't miss out on this chance to own a premium piece of real estate in the thriving market of Hattiesburg, Mississippi. Take advantage of this unique offering and make CAMPUS COTTAGES your next successful investment venture!
Investment highlights
- Located in an OPPORTUNITY ZONE- situated in the middle of the fast-growing Mid-Tow Area
- Value add with rents below market
- 44 Units (30 Units have been recently renovated)- 100% Occupancy
- All parking has been repaved and striped (2024)
- Onsite laundry has recently been added (3 washer & 3 dryers)
- Solar window screens have been installed on the front of each unit for increased efficiency
- Surrounded on 3 sides by the University of Southern Mississippi: With ± 14,606 Students Enrolled and a staff of just under 900
- Property is just 3 block from the heart of the University campus- because of its close proximity, campus police patrol this area and it is a stop on the University's shuttle route
- Close proximity to Forrest General Hospital: A 547-bed, Level II Regional Trauma Center and hospital system. Employing just under 4,000 Employees and yielding a total economic benefit of over $316 Million (2023)
- Easy accessibility to a variety of National restaurants, retailers and hotels which include: Starbucks, CVS, Winn Dixie, Big Lots, Home Depot, Longhorn Steak House, Crumbl Cookies & many more
- ± 0.5 miles from I-59 (Exit 65A)
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