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5501 US-80Jackson, MS 39209
Park Wind Apartments
Asset ClassMultifamily
Call For Offers11/21/25
# Units: 112Occupancy: 99%Year Built: 2000Access Data Room
112 Unit Section 42 LIHTC Apartment Community
overview of deal

Overview

Park Wind Apartments presents investors with the opportunity to acquire a 112 Unit, Section 42 LIHTC, stabilized, cash flowing asset with clear avenues to increase total revenue by pursuing the Max Rents established by HUD, which are currently $114 above average effective rent at the property. With a very strong historical occupancy and clear pathways to improve NOI through targeted leasing strategies, the deal is well-positioned to deliver attractive returns at market pricing.

 

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Investment Highlights

  • 112 Units - Two & Three bedroom floor plans
  • 134,912 Total SF/129,968 Rentable SF
  • Built in 2000 with significant upgrades and improvements to the property and units.
  • High occupancy rate averaging over 99% Occupancy for 12+ Months & a 97.2% Collection Rate
  • Excellent Location in the Clinton submarket, with a Median HH Income of $96,860.
  • Lowered Expense Structure resulting from utility relief from recent changes Jackson Water.
  • Clear value-add opportunity in closing the gap between effective and max rents.
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5501 US-80Jackson, MS 39209

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Listing provided by Revere CRE