Situated on a generous 1.44-acre site in Columbus’ District 5, this 9,302-SF multifamily property offers compelling value-add potential in a resilient Mississippi market. The 1980-built asset features durable concrete foundation construction, a gable roof system, and central HVAC—providing the foundation for consistent tenant occupancy and operational efficiency.
The expansive lot (approximately 62,726 SF) delivers exceptional flexibility for property enhancements, parking expansion, or future development opportunities. With solid infrastructure and stable building systems, this asset is ideally positioned for investors targeting cashflow optimization or strategic repositioning within a growing regional market.
Property Highlights
- 9,302 SF multifamily building on 1.44 acres with significant land upside
- Concrete foundation and gable roof construction (1980)
- Central air conditioning throughout with functional building systems
- Prime Columbus location within established District 5
- Strong bones and flexible layout support multiple value-creation strategies
Investment Thesis
A rare combination of land size, structural integrity, and value-add potential in an accessible secondary market—ideal for investors seeking stable returns with upside through strategic capital deployment.