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Colonial & Northpointe Apartments

Price Upon Request

Multifamily For Sale  •  104,182 SF

2 Properties View all

Property Details

• Property Type Multifamily

10 Walk Score

Highlights

2-property portfolio totaling 104 units across Meridian and Marion, MS

Colonial Apartments: 52 units, ±50,000 SF, built 1970 with 20% rent upside

Northpointe Apartments: 52 units, ±54,182 SF, built 1987 with 12% rent upside

53% renter household rate in Meridian; 48% renter household rate in Marion

Naval Air Station Meridian (3,000+ employees) anchors regional employment base

MSU–Meridian campus supports stable multifamily housing demand in the market

Public Transportation

Commuter Rail	Drive	Walk	Distance
	13 min	-	7.0 mi