Chapel Ridge Apartments
144 Units | Value-Add Opportuntiy | Chapel Ridgel Apartments
Marketing description
Chapel Ridge Apartments presents a compelling value-add multifamily investment opportunity in the Jackson market. Situated on approximately 9 acres along Raymond Road, this 144-unit community offers a diverse unit mix designed to serve a broad tenant base, including individuals, families, and workforce housing demand.
Constructed in 2005, the property consists of 18 buildings, including a leasing office/clubhouse, and features a two-story garden-style layout. While the asset requires renovation and restoration, it provides investors with the opportunity to reposition the property and enhance operational performance through targeted capital improvements and professional management.
With strong fundamentals, scale, and existing amenities, Chapel Ridge is well-positioned for a strategic investor seeking to unlock value through renovation, lease-up, and improved efficiencies.
Investment highlights
144 Units | Garden-Style Multifamily Community
18 Buildings (Including Clubhouse)
Built in 2005
Situated on ±9 Acres
Two-Story Construction
Value-Add Opportunity with Renovation Upside
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