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Multifamily

Magnolia Townhomes

409 N 39th Ave, Hattiesburg, MS 39401

Listing Price: Request For Offer

Number of Units
12
Gross SF
15,000

Investment Overview

Marcus and Millichap is pleased to present the exclusive opportunity to acquire Magnolia Townhomes, a boutique 12-unit townhome asset built in 2012 located in Hattiesburg, Mississippi. Magnolia Townhomes is a turnkey asset boasting 100% occupancy and consists of 10 two-bedroom/one-and-a-half bathroom two-story townhomes with 970 rentable square feet and two three-bedroom/two-and-a-half bathroom two-story townhome units with 1,181 rentable square feet.

Investment Highlights

  • Magnolia Townhomes is conveniently located two minutes from University of Southern Mississippi which is home to more than 13,000 students
  • Southern Miss university, which is located within close proximity to the property, employs 2,500 full-time staff, contributing over $660 million in annual economic impact to the state
  • Each unit has washer/dryer appliances, stained concrete floors on the main level, black appliances, wood cabinets and granite style laminate countertops in the bathrooms and kitchen

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Multifamily

Magnolia Townhomes

Listing Price: Request For Offer

Number of Units
12
Gross SF
15,000

Investment Highlights

  • Magnolia Townhomes is conveniently located two minutes from University of Southern Mississippi which is home to more than 13,000 students
  • Southern Miss university, which is located within close proximity to the property, employs 2,500 full-time staff, contributing over $660 million in annual economic impact to the state
  • Each unit has washer/dryer appliances, stained concrete floors on the main level, black appliances, wood cabinets and granite style laminate countertops in the bathrooms and kitchen

Investment Overview

Marcus and Millichap is pleased to present the exclusive opportunity to acquire Magnolia Townhomes, a boutique 12-unit townhome asset built in 2012 located in Hattiesburg, Mississippi. Magnolia Townhomes is a turnkey asset boasting 100% occupancy and consists of 10 two-bedroom/one-and-a-half bathroom two-story townhomes with 970 rentable square feet and two three-bedroom/two-and-a-half bathroom two-story townhome units with 1,181 rentable square feet.

Broker of Record

  • Mickey Davis

    Director Investments

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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