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Jackson apartment complex sells for $2 million +

Magnolia Landing Apartments, 100 Magnolia Landing Court, have been sold to Hallmark Magnolia Landing LLC for $2,325,000.

Located near Jackson State Community College off Highway 70 East, the 60 unit complex offers two- and three bedroom apartments.

Each apartment has two bathrooms and 1,054 square feet of living space.

In April, Parkview Apartments LLC, 100 Emory Hill Drive were purchased by Parkview TN LLC, for $3,250,000.

Located off East Chester Street, the complex offers two-bedroom, two-bathroom apartments – 1,153 square-feet, and three-bedroom, two-bathroom apartments in 1,353-square-feet of living space.

In March, Woodcreek Apartments, 1000 Hollywood Drive, sold.

Nashville businessmen Jordan Buie and Kirtley Whittington purchased the 12-unit complex from OLAF LLC for $175,000.

Each of the one-bedroom units are in the process of being renovated.

In March, Woodridge Townhomes, 12 Country Club Lane, sold.

Originally scheduled to be condominiums, Woodridge Townhomes of Jackson LLC sold the 46-unit complex to Murray Guard Inc., for $2,900,000.

The complex consists of two- and three-bedroom units.

In January, Stonewater Place Apartments, 20 Stonewater Creek Drive – off Ridgecrest Road east of Campbell Street – were purchased by SM-Stonewater LLC (Florida).

The price tag for the 120-unit complex was $16,250,000.

The complex offers one- two and three bedroom apartments.

FOR MORE LOCAL BUSINESS Click Here

(PHOTO: Magnolia Landing Apartments, 100 Magnolia Landing Court)
David Thomas, Twitter – @DavidThomasWNWS
https://www.facebook.com/NewsTalk1015/

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