Discover an exceptional investment opportunity in the heart of historic Vicksburg at 1201 South Street. This impressive 30,000-square-foot multi-family complex offers 43 well-positioned units, providing a robust foundation for steady income generation. Thoughtfully designed with resident convenience in mind, the property features an on-site laundry facility and ample parking for tenants.The complex's strategic location combines the best of accessibility and desirability - just minutes from downtown Vicksburg's vibrant scene and offering seamless access to Interstate 20. On-site office space adds versatility and management convenience to this turnkey investment.Ideal for seasoned investors looking to expand their portfolio or those seeking their first multi-family acquisition, this property presents compelling potential for stable returns in a growing market. The property's proximity to historic Vicksburg's attractions and essential services further enhances its long-term value proposition.Don't miss this opportunity to own a significant piece of Vicksburg real estate. Contact your preferred realtor today to schedule a private showing.
Opportunities abound! This large building is currently improved with a single story, no basement, 11,583+/-square foot, steel frame situated on reinforced concrete slab with a metal roof. The exterior is brick veneer with aluminum gutters and downspouts for drainage. The property has an asphalt paved parking lot that surrounds the structure and hasapproximately 55+/- striped parking spaces with lighting. The parking is in fair conditionbut does need to be re-striped at a minimum. The interior spaces are broken into one large open area in the center of the buildingwith perimeter offices, a bar/kitchen area and dining area. The interior is finished outwith mainly vinyl tile flooring with ceramic tile in the four bathrooms. The interior wallsare a combination of stained wood panel or painted wood panel, and the ceilingsthroughout the facility are drop acoustical tile with fluorescent lights. All countertops are Formica. There are numerous light fixtures and ceilings throughout the facility.The property has been owned by a non-profit so there are no tax records established for building and property, but is located in the county, outside of Vicksburg.
Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Vicksburg is located in Mississippi. Vicksburg, Mississippi has a population of 21,748. Vicksburg is less family-centric than the surrounding county with 17.64% of the households containing married families with children. The county average for households married with children is 22.7%.
The median household income in Vicksburg, Mississippi is $37,995. The median household income for the surrounding county is $50,686 compared to the national median of $69,021. The median age of people living in Vicksburg is 37.9 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 34.5 degrees. The average rainfall is approximately 56.5 inches per year, with 0.3 inches of snow per year.
