- For Sale $3,550,000
- Property Type Multi-Family
- Property Size 30,679 SF
- Units 44
- Lot Size 1.65 Acre
- Property Tenancy Multi-Tenant
- Year Built 1968
- Year Renovated 2024
- Date Updated May 12, 2026
Description
Discover the vibrant market of Hattiesburg, MS, surrounding Campus Cottages. Located in close proximity to the University of Southern Mississippi, this area offers a robust rental market for multifamily and low-rise/garden investors. With a bustling student population, the property benefits from a lively atmosphere and a steady stream of potential tenants. Nearby, residents can explore the historic downtown area, enjoy the diverse local dining scene, and take advantage of the city's rich cultural offerings. Investors will appreciate the area's potential for strong rental demand and the opportunity to tap into Hattiesburg's dynamic real estate market.Unlock the potential of this remarkable investment in an OPPORTUNITY ZONE, perfectly positioned in the thriving Mid-Town Area! With 44 units – 30 of which have been beautifully renovated and achieve 100% occupancy, this property is primed for growth. Benefit from below-market rents, freshly repaved and striped parking (2024), and new onsite laundry facilities featuring 3 washers and 3 dryers. Plus, we've enhanced energy efficiency with solar window screens installed on each unit. All of this, surrounded by the vibrant community of the University of Southern Mississippi, makes this an investment you won't want to miss.
Highlights
- 30 units recently renovated
- 30,679 SF building with 44 units
- Located in an OPPORTUNITY ZONE
- Onsite laundry with 3 washers and 3 dryers
- Proximity to I-59 (Exit 65A) and US-49
- Renovated in 2024, with 100% occupancy
- Repaved and striped parking in 2024
- Solar window screens for energy efficiency
- Surrounded by University of Southern Mississippi
- Value Add with rents below market
- Zoned R-3 and located in an Opportunity Zone
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Contacts
Gene Cody, CCIM, SIOR
Moore Company Realty
Location
Contact Listing Broker
Gene Cody, CCIM, SIOR
Moore Company Realty