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Opportunity Zone
Nottingham Apartments
For Sale: 99% Occupied Nottingham Apartments
Listing Contacts
License: MS B-22204DV 
License: AR SA 00087593
Active
Asking Price: $3,200,000
Address
1160 Beauchamp St, Greenville, MS 38703
Show on MapDate Added
Sep 11, 2024
Days on Market
186 days
Time Since Last Update
97 days
Details
Property TypeMultifamily
SubtypeApartment Building
Square Footage85,077
Cap Rate7.87%
Occupancy99%
NOI$251,868
Units100
Year Built1973
Buildings15
Lot Size (acres)7.6
Marketing Description
Nestled in Greenville, Mississippi, the Nottingham Apartments offer an attractive investment opportunity with 100 units spread across one, two, and three-bedroom configurations. This multifamily property, boasting a 99% occupancy rate, generates a robust annual income of $674,000 with a net operating income of $251,868. Situated between two main arterials and surrounded by convenient amenities, this complex presents a balanced blend of location and financial potential for investors.
Request OM here: https://app.smartsheet.com/b/form/fb3ac9eb361f49c9a25bfd7bc07ab3d8
Investment Highlights
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Occupancy: 99%
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100 Total Units
-
NOI: $251,868
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$251,868.00
$20,989.00/mo
Valuation Metrics
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0
DSCR
7.87%
Cap Rate
7.87%
ROI
Property History
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Due Diligence
Listing Contacts
- License: MS B-22204
DV License: AR SA 00087593
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