501 Main Street, Hattiesburg, MS

Multi-family for Sale - $5,999,999

Agent Info

Debi Roks

Property Info

  501 Main Street
  Hattiesburg MS 39401
UpdatedJune 30th, 2020


Property Description

The Future of Real Estate (FRE) is pleased to present the opportunity to acquire two beautifully restored historic apartment buildings totaling 52-units with ±12,710 SF retail and commercial space. Strong overall occupancy of 92%+ with very little turnover or vacancy periods.

Property consists of two apartment buildings which together are the "Hub City Lofts", the Carter Building (501 Main Street) and the America Building (207 East Front St); which are located directly adjacent to each other in the heart of Downtown Hattiesburg. There are 49 total parking spaces at Hub City Lofts for residents and tenants.

NOI: $500,000

MINIMUM OFFER: $5,999,999. For more information, please visit www.FRE.com/304D7