522 & 524 University Dr
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522 & 524 University Dr
14 Unit Block of Flats £1,945,337 (£138,953/Unit) Starkville, MS 39759
Investment Highlights
- Located in the heart of the Cotton District, and a short walk to the Mississippi State University campus.
Executive Summary
522 & 524 University Dr, Starkville, MS: Dynamic location Zoned T5-U. This 0.70acre± property is on Univ. Dr. in the heart of the Cotton District, a short walk to the Mississippi State University campus. 522 University Dr has Raintree Apartments (10 renovated units, all 2-bed/1-bath, with granite countertops, & stainless-steel appliances, in two brick buildings); and a 3-bed/2-bath house. 524 University Dr has a house split into 3 apartments that has been vacant for some time and would need renovation. Excellent opportunity for a legacy property as a total redevelopment, or keep the existing structures and bring to a market rental rate. *Seller prefers a transaction that is a partnership, retaining some equity in a joint venture. But, seller will entertain an outright offer to purchase*
Property Facts
| Price | £1,945,337 | Apartment Style | Garden |
| Price Per Unit | £138,953 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.70 AC |
| No. Units | 14 | Building Size | 10,664 SF |
| Property Type | Residential | Number of Floors | 1 |
| Property Subtype | Apartment | Year Built | 1940 |
| Price | £1,945,337 |
| Price Per Unit | £138,953 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.70 AC |
| Building Size | 10,664 SF |
| Number of Floors | 1 |
| Year Built | 1940 |
Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 101D-00-024.00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £7,963 |
PROPERTY TAXES
Parcel Number
101D-00-024.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£7,963
zoning
| Zoning Code | T5-U (Transect District T5-U; multiple stories, mixed use) |
| T5-U (Transect District T5-U; multiple stories, mixed use) |
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