Turnkey 12-Unit Multi-Family Deal – Strong Cash Flow in Jackson, MS!
Address: 4345 W. Capitol St A, B, & C, Jackson, MS 39209
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3 Fully Rented 4-Plexes – Perfect for Buy-and-Hold Investors!
Asking Price: $525,000
Estimated Appraisal: $250K per building = $750,000 total value
Gross Monthly Rent: $7,300
Rents: $600–$700 per unit
Cash-on-Cash Return: 13.7%
CAP Rate: 9.8%
Estimated Monthly True Cash Flow: $1,200
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Property Highlights:
• (3) 4-Plex Buildings – 12 Units Total
• All 2 Bed / 1 Bath Units
• Built in 1987
• 100% Occupied – Cash Flow From Day One
• Great value-add play or turnkey rental hold (needs painting and parking lot repairs)
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Financial Breakdown:
• Price: $525,000
• Down Payment (20%): $105,000
• Loan Terms: 30-Year, 7.5% Interest
• Monthly Mortgage: ~$2,937
Estimated Monthly Expenses:
• Taxes: $575
• Insurance: $600
• Utilities: $500 (owner pays water)
• Maintenance: $900
• Misc: $100
• CapEx Reserve (2-3%)
• Property Management (10%)
• Vacancy (2-3%)
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Condition Overview:
• All units are rented and livable
• Central location in 39209
• Pictures available upon request
• Stable rental history
Disclaimer:Approximate details. Data provided for informational purposes only. All information deemed reliable but not guaranteed. Buyer to verify all details independently.
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Ready to Submit an Offer?
Contact Jake Mills
Phone: (601) 540-1788
Email: jmillsgpm@gmail.com
The first buyer to sign and submit a $1,000 deposit secures the deal. Cash and commercial financing buyers welcome.
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