Located in the heart of West Jackson, the Jackson Village Apartments have been steadily flying under the radar and bringing in huge returns for owners. Many of these units have gone through complete remodels, rent very well and represent a feasible way to get into the Jackson real estate market.
This particular condo (list price $389k) has been fully gutted down to the studs, new carpet and paint, appliances, cabinets, slate entrance and lighting fixtures. 700 square feet, 2 BR/1B, living area, two parking spots, on-site laundry facility. South facing exposure, so plenty of sunshine in the winter- great purchase with two recent sales at $370k and $375k. I could not think of a safer investment in today's market with the affordable housing crisis we are still facing. Snapshot; these units were selling for $141,000 just 2 1/2 years ago.
Here is the link for photos:
http://www.flexmls.com/cgi-bin/view.cgi?20080124183247890575000000&s=10&id=1
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