Brittany Arms

Brittany Arms is in a prime location, nestled in the historic Oaks neighborhood of popular Hattiesburg, adjacent to charming and bustling historic Downtown and just 5 to 10 minutes from major employers in the city's Midtown Medical District and The University of Southern Mississippi. Hattiesburg, Mississippi | Multifamily Highlights Resilient Institutional Employment: Known as "The Hub City", Hattiesburg's resilient economy is led by The University of Southern Mississippi, Forrest General Hospital, and Hattiesburg Clinic— all sitting 5-10 minutes from Brittany Arms. These major employers provide a steady, recession-resilient base of healthcare workers, University faculty, and graduate student renters. Favorable Submarket Supply & Demand: With overall market vacancy hovering around 6.1% and virtually zero new competitive multi-family supply under construction, stabilized assets in central submarkets enjoy high retention, minimal concession risk, and consistent organic rent growth.Classic Charm Meets Contemporary Returns in Midtown Hattiesburg Turnkey Cash Flow | Proven Rent Growth Track Record | 82.5% Upgraded | Minutes from USM & Midtown Medical Brittany Arms Apartments presents a rare opportunity to acquire a stabilized, high-performing 40-unit multifamily community in central Hattiesburg, Mississippi. Operating at 97.5% physical occupancy, the property combines immediate, resilient cash flow with a clear, low-risk value-add finish line. With 33 of 40 units already fully renovated, prior ownership has completed the heavy capital lift—including new pitched roofs replaced in 2022, upgraded HVACs, refreshed exteriors, and modernized interiors. Current management has established a proven track record of steady rent increases across renovated units and renewals, demonstrating direct market acceptance and room for continued NOI expansion as remaining legacy leases roll.