501 Main Street, Hattiesburg, MS

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

FRE.COM

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Agent Info

NameDebi Roks
CompanyFRE.COM

Property Info

CIMLS #1060141
Location501 Main Street
Hattiesburg MS 39401
Last UpdatedOctober 16th, 2019
TypeMulti-family
Price$5,999,999
DemographicsView sample

Contact


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; OFFER DEADLINE: December 5th at 5 pm CT. For more information, please visit www.FRE.com/304D7