3120 South Frontage Road
Vicksburg, MS 39180
For Sale
50,745 sqft
Sale Price
$1,995,000
Brochure
Map
Multifamily For Sale
Exceptional Value Add Apartments for Sale
Get in touch
Richard Ridgway
Grant Ridgway
The property consists of 48 garden-style apartment units in six two-story walk-up buildings, situated on an approximate six-acre site, constructed in 1968. The property is composed of 36 two-bedroom/one bath units, six three-bedroom/two bath units and six one-bedroom/one bath units. The property is additionally improved with a 675-sf office which was previously used for the on-site leasing and management office. The site is improved with 96 parking spaces, or two parks per unit.
The neighborhood of the property is the area between and around I-20, west to the Indiana Street exit (.42 mile) and east to the Clay Street exit (.8 mile). The property is adjacent to a retail nursery and .16 mile east of Cannon GMC car dealership. There are multiple hotels and restaurants clustered around the two interstate interchanges. The neighborhood is in good condition and stable. Of note is the proposed new $60,000,000 Interpretive Center (visitor center) for the Vicksburg National Park proposed at the Clay Street exit which was announced earlier this year.
Total Space Available
50,745 sqft
Sale Price
$1,995,000
Get in touch
Richard Ridgway
Grant Ridgway