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Pearl Manor 2932 Highway 468

40 Unit Apartment Building $4,819,398 CAD ($120,485 CAD/Unit) Pearl, MS 39208

Investment Highlights

  • These properties offers a dependable income stream as well as a strong potential for appreciation.
  • The traffic count is 6,000 ADT on MS-468.

Executive Summary

An exceptional investment opportunity awaits at Pearl Manor and 468 Place Townhomes in Pearl, Mississippi. This listing includes two locations and a total of eight stand alone buildings. The meticulously maintained apartment buildings feature a diverse unit mix, amenities within a strategic location. These properties offers a dependable income stream as well as a strong potential for appreciation. With a history of stable rental income and a robust local rental market, it's an ideal choice for seasoned investors looking to expand their holdings or newcomers seeking a secure and lucrative investment in the heart of Pearl, MS.

Property Facts

Price $4,819,398 CAD
Price Per Unit $120,485 CAD
Sale Type Investment
No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 2.36 AC
Building Size 20,610 SF
Average Occupancy 100%
No. Stories 2
Year Built 1985

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • E07L-000023-00030
  • E07L-000023-00060
  • E07L-000023-00040
  • E07L-000023-00050
  • E07L-000023-00020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$166,619 CAD

zoning

Zoning Code R-4 (Res Income Multi-Fam)
R-4 (Res Income Multi-Fam)
  • Listing ID: 29600592

  • Date on Market: 2023-09-22

  • Last Updated:

  • Address: 2932 Highway 468, Pearl, MS 39208

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