Available | Starkville, MS | 56 Units

INVESTMENT SUMMARY

Year Built:
2018/2019
Total SF:
79,685
Total Units:
56
Occupancy:
100%
Total Beds
143
Average Rent / Bed
$771
Multifamily SF
66,468
Retail SF
13,217

Contact

Donald Gambril | dgambril@rockadvisors.com | 205.458.8110
Micah Dodd | mdodd@rockadvisors.com | 205.8021
401 University Drive, Starkville, , MS, 39759
To access the password-protected files below, you must submit a confidentiality agreement.
  • Midtown_OM
  • Midtown Rent roll
  • State Floral
  • Orange Theory
  • Godfathers
  • Strange Brew

INVESTMENT HIGHLIGHTS

BEST IN CLASS ASSET

Condo quality finishes include stainless steel appliances, subway tile backsplash, granite countertops, easy close cabinetry, and crown molding

Easy access to ground floor retail including Orange Theory Fitness, Strange Brew Coffee, and Godfather’s Pizza

 

IRREPLACEABLE LOCATION

Located in the heart of downtown Starkville, surrounded by shops, restaurants, and entertainment venues

Less than one mile from Mississippi State’s campus with a bus stop running to the University

 

POSITIVE ENROLLMENT TRENDS

5 consecutive years of enrollment growth

10% growth over the past 5 years; 25% growth over the past 10 years

 

NEW CONSTRUCTION

High-quality new construction including hardie and brick exteriors will minimize maintenance costs and attract tenants

Boutique-style construction offers a welcome change of pace to traditional, mass-produced student housing

 

HIGH QUALITY RETAIL

The property possesses high quality retail that will attract residents and also provide new ownership with predictable, escalating income

 

FREE & CLEAR

Midtown will be offered to investors free and clear of any existing debt