River Oak Village Apartments

Highlights:

• Laundry Room On Premises
• Landlord Pays for Water and Electric Common Areas
• Maintenance Manager Lives On-Site
• Recently Renovated Units

Description:

Cedar William, as the exclusive advisor to the Owner, proudly presents a premier investment opportunity to acquire a 100% fee simple interest in 212 Pullen Lake Road, Aberdeen MS, the River Oak Village Apartments of Aberdeen offer a cash-flowing garden community with 20 fully occupied and renovated units near highways and retail amenities. Sitting just off Highway 8 with connections to Highways 25 and 45, the complex is easily accessible and ideal for commuting professionals.

These recently updated apartments include full kitchens with efficient appliances, large closets, garden tubs, and patios. Nearby national retailers include Food Giant, McDonald's Subway, AutoZone, Western Union, and Dollar General.

Comprising 20 fully occupied and renovated apartment units, 212 Pullen Lake Road, the River Oak Village Apartments community offers investors a cash-flowing acquisition in the highly stable rental market of Aberdeen, Mississippi.

The seven-building garden community was originally constructed in 1979 on a lush 3.93-acre lot. Recent upgrades to the property include unit renovations and an updated community laundry room. Residents enjoy apartments with full kitchens featuring energy-efficient appliances, large garden tubs, wood design flooring, abundant closet space, and patios open to the community professionally landscaped grounds. These desirable attributes make the community a popular choice for local renters, ensuring stable future occupancy.

The River Oak Village Apartments complex provides an attractive option for commuting professionals, sitting just off Aberdeen's main thoroughfare, Highway 8, with easy further connections to Highway 25 and 45. Highway 8 is also the primary retail corridor of the city, providing immediate access to quality retail amenities. Household-name brands within five minutes of the community include McDonald's, Subway, AutoZone, Food Giant, Western Union, and Dollar General. Aberdeen's most popular local establishments are also easily reachable, including El Jefe, Fountain Grill, North Side Ice Cream Shoppe, Topp's Barbeque, Home- town Pizza, and more.

The seat of Monroe County, Aberdeen offers a rich, small-town charm with tree-lined streets, antebellum homes, and significant architecture. Great care is taken to preserve the city's many historic properties, with more than 200 buildings on the National Register of Historic Places. While Aberdeen residents more commonly own their homes, a severely optimized inventory allows the city's rental properties to thrive. With only 4% of housing within 10 miles comprising more than four units, the River Oak Village Apartments community is one of the area's largest multifamily developments and enjoys limited competition.

Enhance a growing portfolio with the acquisition of the fully occupied and recently upgraded River Oak Village Apartments at 212 Pullen Lake Road.



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