714 N President Street, Jackson, MS 39202 (MLS# 4051589)

Discover the President Street Apartments, an exceptional residential complex situated at 714 N President St in Jackson, MS. Nestled in the heart of Jackson's vibrant 'Arts District,' this prime location offers an enticing array of amenities and attractions. With its close proximity to the Mississippi State Capitol, downtown Jackson, private colleges, a law school, major medical office buildings, and three renowned hospitals, this property caters to a diverse range of apartment renters. Among these esteemed medical institutions is the University of Mississippi Medical Center (UMMC), the sole academic health science center in the state. Boasting seven health science schools and a student population exceeding 3,000, UMMC stands as a prominent employer with over 10,000 dedicated staff members. In today's market climate, multi-family properties like the President Street Apartments have consistently proven to be a reliable and resilient asset class for investment. This well-constructed apartment complex comprises eight generously proportioned one-bedroom units and boasts a commendable history of high occupancy rates. Positioned in an opportunity zone, the property offers enticing features including a brand-new roof, secure gated parking facilities, and an expansive green space designated for tenant enjoyment. While several units have received recent updates, a number still present an opportunity for further enhancements, thereby allowing for potential rent increases. By acquiring this property, you seize the chance to own a highly sought-after apartment building with a well-balanced tenant mix and minimal vacancy, offering stability and excellent investment prospects. Rent Roll for 2023 is available upon request.