2501 Culkin Road

• Collection of 4 Apartment Communities in Vicksburg, MS: Cannongate, Pecan Ridge, Commodore, & River Oaks
• Properties are within close proximity and can be purchased together or individually.
• 339 Units across 293,736 SF of rentable space
• High occupancy at 98%
• Cannongate ranked #1 Apartment Complex in Vicksburg for the second year in a row
• Prime locations in Vicksburg area
• Partially renovated with proven premiums on renovated units, which presents a massive value-add opportunity to push the performance of the properties even further.
• Opportunity for long-term growth and income generation
• New Commercial & Community Development Investments - priming Vicksburg for growth over the hold period.

Property Description

Discover The River City Collection: A Premier 339-Unit Multifamily Portfolio in Booming Vicksburg, MS Vicksburg, Mississippi is currently experiencing a historic economic renaissance, fueled by over $4.6 billion in new industrial and tech investments. This massive influx of capital and thousands of new jobs has created an unprecedented demand for high-quality rental housing in the region. The River City Collection offers investors a rare, strategic foothold in this rapidly expanding market. Comprising 339 total units across 293,736 rentable square feet, the portfolio boasts a stellar combined occupancy rate of approximately 97.6%. With heavy-lifting capital expenditures already completed by current ownership, the portfolio presents a proven, massive value-add runway: renovated units are currently achieving strong rent premiums, leaving tremendous upside for the next investor to complete the interior upgrades. Flexible Acquisition Strategy: The properties are located within a 15-mile radius of one another, offering immediate market share and consolidated management efficiency. They can be purchased together as a complete portfolio or acquired separately. Property Highlights Pecan Ridge Apartments | 132 Units | 96% Occupancy Situated in a highly desirable, serene environment just off the highway, Pecan Ridge offers residents a peaceful retreat with the highest local Area Median Income ($83,439) in a 2-mile radius. With 53% of its units fully renovated and dual swimming pools slated for resurfacing, this asset is primed for continued rent growth. Assumable loan available. Commodore Apartments | 100 Units | 98% Occupancy Commodore stands out with its unique, almost European architectural charm and a newly completed clubhouse. Currently, only 38% of the units have been renovated, providing a substantial value-add opportunity to elevate the remaining classic units and capitalize on the property's strong historic demand. Assumable loan available. Cannongate Apartments | 80 Units | 100% Occupancy Regarded as one of the nicest multifamily assets in the Vicksburg market, Cannongate operates flawlessly at 100% occupancy. The property is in exceptional physical condition and features a tight-knit community feel. With 58% of the units updated, new ownership can immediately step into a stabilized, premium asset with room to push the remaining classic interiors. River Oaks Apartments | 27 Units | 97% Occupancy A true long-term, boutique asset. River Oaks features highly durable, all-brick institutional-quality construction tucked into a quiet downtown neighborhood. Residents love the walkability to local dining and shopping, as well as the convenience of in-unit washer/dryer hookups. With just 33% of the units renovated, this manageable asset is a perfect high-yield addition to any portfolio. Ready to explore the numbers? Don't miss out on the opportunity to invest in "Engineer City" ahead of the massive economic wave. Sign the Confidentiality Agreement (CA) today to gain instant access to the full Offering Memorandum, detailed rent rolls, cash flow projections, and assumable debt terms.