Bridge Haven Apartments

Investment Overview

The subject property is a 36,685 SF, Value-Add Opportunity consisting of 16, two-story multi-family buildings, that contain 64 units. All 64 units are 2 BR/1BA, each building has 4 units and there is a laundry facility on-site . The complex was built in 1950 and partially renovated in 2023 and is currently 90% occupied. The subject site consists of 2.66 acres, newly fenced and gated, on Bailey Avenue between Elm Street and Ash Street in Jackson, MS. The current owner has invested $254,549 in various improvements such as unit renovations, installation of air conditioners and water heaters, roof repairs and exterior repairs. The property is less than two miles from University Mississippi Medical Center, Millsaps College, Belhaven University and Mississippi Baptist Medical Center. The Jackson Amtrak Station is located within a mile of the property. It services the City of New Orleans passenger rail line, which traverses from Chicago to New Orleans. There are public bus lines along Bailey Ave.

Investment Highlights

• 36,685 SF
• 2.66 Acres
• Value-Add Opportunity
• Sixteen, 2-story Buildings
• 64 Units
• 90% Occupancy
• Laundry Facility on Site