PREMIUM 24-UNIT APARTMENT COMPLEX – TURNKEY INVESTMENT 515 Bloom St, Jackson, MS 39202
This turnkey multifamily asset offers immediate cash flow with long-term appreciation potential in Jackson’s established rental market. Perfect for investors seeking stable income with the benefits of scale.
PROPERTY OVERVIEW:
- 24-Unit Apartment Complex – Fully occupied income-producing asset
- 12 One-Bedroom/One-Bath Units
- 12 Studio Apartment Units
- 3,535 sq ft total building area
- Built in 1964 – established property with proven track record
INVESTMENT HIGHLIGHTS:
- Fantastic investment opportunity ideal for portfolio diversification
- Stable, income-generating property with consistent cash flow
- Perfect unit mix appealing to diverse tenant demographics
- Located in Farish Street Historic District – culturally significant area
FINANCIAL PERFORMANCE:
- Recent comparable sale: $550,000 (January 2020)
- 24 units providing multiple income streams
- Mix of studio and 1BR units maximizes rental flexibility
- Proven rental demand in central Jackson location
STRATEGIC LOCATION:
- Centrally located to medical, municipal, and entertainment venues
- Easy access to I-55 – major transportation corridor
- Located in Hinds County, ZIP Code 39202
- Historic district character adds unique appeal
PROPERTY FEATURES:
- Established 24-unit configuration
- Mix of unit types for diversified tenant base
- Central Jackson location with urban amenities
- Historic district charm with modern income potential
