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1115 Raymond Rd.
Jackson, MS 39204
Asking Price
$1.20M
Cap Rate
7%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 7.00% CAP | 23 Units <ul><li>1115 Raymond Rd. presents a rare 'Middle-Market' value-add opportunity consisting of 23 units in the high-demand South Jackson corridor. This property is uniquely positioned as an Exterior-Complete Renovation. The heavy lifting—roofing, exterior paint, and the structural envelope—is complete, allowing the incoming investor to deploy capital exclusively toward high-visibility interior finishes that drive immediate rental premiums. The ~$51,000 per-unit acquisition basis represents a stra
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
