Solo Apartments | Oxford, MS – Ole Miss | 6.00% Cap Rate

Property Description

Marketing Package

The Offering: Randall Commercial Group, LLC is pleased to present SOLO, a 100% leased luxury multi-family property. SOLO offers 28 units consisting of 26-loft apartments and two, single bedroom apartments.

Exceptional Location: Rare multi-family infill.  SOLO sits just two (2) blocks from the Oxford Square and a short walk to the Ole Miss campus, positioning the property as a superbly located multi-family development in Oxford and at Ole Miss. The University Avenue location and surrounding area is land constrained supporting strong property values and high demand for investment properties in the area.

Performance: 100% Occupancy.  The property was preleased prior to delivery and has remained 100% occupied since the property was released in January of 2013.

Amenities: Bamboo floors & designer carpet flooring, stainless steel appliances, balcony, wardrobe closets, sliding glass & steel doors, stone-surround shower, on-site covered parking, fitness center, 2 LED TV’s per unit, restricted access building, multiple onsite laundry facilities, limited concierge service.

 

General Info

Category: For Sale

Type: Investment, Multifamily

Price: 5,887,650

Address: 1430 University Avenue, Oxford, MS 38655

Listing Page: Click to View Loopnet Listing Page

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