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320 FISHER FRY RD
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for sale in Vicksburg
- Acquisition price set at 3,800,000 dollars
- Investment demonstrates a cap rate of 19.77 percent
- Significant 1.2 million dollar value-add potential identified
- Located at 320 Fisher Fry Rd in Mississippi
What's Special
Priced at $3,800,000, this multifamily apartment building at 320 Fisher Fry Rd in Vicksburg, Mississippi, represents a significant investment acquisition. The property is positioned to deliver a 19.77% cap rate, making it an attractive prospect for investors targeting high-yield returns in the regional market. With potential for $1.2 million in value-add enhancements, owners can implement capital improvements to drive long-term asset appreciation and improve operational performance. Vicksburg serves as a historical and industrial hub along the Mississippi River, providing a stable economic landscape for rental housing demand. This asset offers a clear opportunity for experienced operators to capitalize on existing income streams while strategically upgrading the physical plant to capture market rent growth. The scale and layout of the complex allow for professional management and efficient tenant retention strategies suitable for this suburban Mississippi submarket.
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