Jackson, Mississippi

Apartment Building
Jackson, Mississippi
REO asset, currently being offered to the market unpriced. Seller will meet the market, so bring offers. The current owner took possession of

Highlights
Call for offers March 16, 2011
Listed cap rate is proforma
Detailed renovation list available

Description

RE O asset, currently being offered to the market unpriced. Seller will meet the market, so bring offers. The current owner took possession of the property in October 2010 through a foreclosure action. The property was renovated in 2005 replacing all windows, vinyl siding, and new roofs. Financial data is limited due to recent foreclosure. No seller financing is available. Call for offers will be March 16, 2011. Physical occupancy is currently 63%. Management is working to remove non-paying tenants. In December 27 delinquent residents were moved-out. There are additional move-outs expected due to non-payment. Projected physical occupancy at the end of March is 55%. Of the current

Location: Повсеместно

Реклама на сайте»