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Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Landmark Commercial Real Estate Services and powered by RealINSIGHT Marketplace, 2524 E Alexander Street in Greenville, Mississippi is a former 200-unit senior housing property positioned for repositioning or redevelopment. Built in 1998, the three-story, 191,868 SF building sits on approximately 7.8 acres and is zoned C-4, allowing a range of potential uses including a return to senior housing, conversion to conventional multifamily, or broader redevelopment. The existing 200-unit residential configuration gives a buyer an established building footprint and site plan to work from rather than a ground-up development. The site fronts Alexander Street just north of the MS 182 corridor, which carries 17,000 vehicles per day and is lined with national retailers including Walgreens, CVS, Dollar Tree, and Tractor Supply. Delta Health System – The Medical Center, a major regional healthcare provider, sits to the northwest, and healthcare accounts for approximately 15.6% of area employment. Greenville is the largest city in the Mississippi Delta and serves as a regional center for commerce, healthcare, education, and retail. The 5-mile radius holds 28,401 residents across 11,370 households with a $61,694 average household income.
Due Diligence
Location
Located at 2524 E Alexander Street on Greenville’s east side, the site sits just north of the MS 182 commercial corridor (17,000 CPD), home to Walgreens, CVS, Dollar Tree, and Tractor Supply. Delta Health System – The Medical Center lies to the northwest, with three public schools nearby, giving future residents close access to healthcare, daily needs retail, and services.
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Buyer pays a minimum platform fee of 5% or $25,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
