$399,000

149 Millsaps Avenue is a truly unique new multifamily development which is superbly located in the Midtown neighborhood of Jackson, Mississippi. This property features four urban lofts with floor-to-ceilings windows and modern features throughout. Originally designed as a sixteen unit project, the structure and foundation were built with the capability for vertical expansion. The sizeable lot also offers room for additional units and parking, all within seconds of Millsaps college and other area attractions. The sale of this property presents the opportunity to acquire a brand new multifamily development with a stabilized tenant mix and zero vacancy. The vibrant midtown neighborhood is adjacent to the most expensive private college in the state of Mississippi (Millsaps College) and robust centers of employment (University of Mississippi Medical Center and Baptist Medical Center). The neighborhood is rapidly being redeveloped as a mixed use district which is home to many artists and creatives featuring the mantra ''Made in Midtown.'' The property is located within close proximity to I-55 and even closer to the major arteries of State Street and Woodrow Wilson.