Campbell Street Flats — Sale in Jackson, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Jackson, TN 38301

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Investment Figures

Cap rate
7.07%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap has been selected to exclusively market for sale Campbell Street Flats in Jackson, Tennessee. This offering provides investors the opportunity to acquire a fully renovated eight-unit multifamily asset in a growing West Tennessee market. Campbell Street Flats presents the opportunity to acquire a fully renovated eight-unit multifamily asset in Jackson, Tennessee. Ownership invested approximately $268,376 in capital improvements, completing a comprehensive renovation of all units and major building systems in 2024, including updated interiors, plumbing and electrical improvements, new windows, a tankless water heater system, and extensive exterior enhancements. The property’s recent renovation significantly reduces near-term capital expenditure needs while providing residents with modern finishes and on-site laundry facilities. Conveniently located near Downtown Jackson, the asset benefits from access to the area’s major employment, healthcare, retail, and entertainment destinations. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the Campbell Street Flats. Investment Highlights: • Approximately $268,376 invested in capital improvements, including a full renovation of all eight units completed in 2024. • Renovated interiors feature updated kitchens and baths, new stainless-steel appliances, LVP flooring, subfloor replacement, new windows, and fresh interior and exterior paint. • Building improvements include plumbing and electrical upgrades, a new tankless water heater system, partial HVAC replacements, deck reconstruction, l

Market Context

This multifamily in Jackson, TN is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Jackson, TN — view the full market.

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