Description of 125 N Fairgrounds St, Jackson

Presenting a solid investment opportunity to acquire 5 apartment units located at 125 North Fairgrounds Street in Jackson, TN. This multifamily property features a 3,769 SF, single-story building with 5 units, showcasing a desirable unit mix primarily consisting of 2B/1B layouts. Renovated in 2024, this asset offers standard amenities with washer/dryer hook-ups, metered electric, and individual water heaters. Situated in a strong rental market near the Regional Hospital and major employers, this property presents an attractive opportunity for a first-time investor or an investor that owns in the market seeking to expand their portfolio. With excellent potential for increased rents through efficient management and some additional improvements, this can result in a nice cash-flow opportunity. *Currently there's one (1) down unit that is need of a complete renovation (Buyer's to obtain their own contractor bids.) *Potential Owner-Financing depending on terms and conditions.