Park Wind Apartments

Jackson, the capital of Mississippi, combines cultural heritage with growing economic opportunity. West Jackson, just outside Clinton, offers convenient access to Interstates 20 and 55, connecting residents to major employers, universities, and healthcare hubs. With limited supply of quality rentals and steady demand from professionals, students, and families, the area presents a strong backdrop for multifamily investment. The Clinton submarket has an Average Household Income of over $96k, making it an excellent location for multifamily investment. The West Jackson/Clinton submarket is anchored by stable employment in government, healthcare, and education, supported by institutions like Jackson State University and nearby medical centers. Clinton further enhances appeal with a strong school system and community environment. Together, these drivers create consistent renter demand and long-term stability for multifamily assets. With strong demand drivers, central location within the state, and unique cultural and lifestyle amenities that are difficult to replicate, multifamily assets in Jackson stand out as compelling investment opportunities in a market positioned for long-term stability and growth.Park Wind Apartments presents investors with the opportunity to acquire a 112 Unit, Section 42 LIHTC, stabilized, cash flowing asset with clear avenues to increase total revenue by pursuing the Max Rents established by HUD, which are currently $114 above average effective rent at the property. With a very strong historical occupancy and clear pathways to improve NOI through targeted leasing strategies, the deal is well-positioned to deliver attractive returns at market pricing. Residents of Park Wind enjoy a lifestyle supported by both comfort and convenience. The community provides a sparkling swimming pool with sun deck, 24-hour laundry facilities, and an easy-to-use online resident portal for payments and service requests. Thoughtful provided services like Updater make moving seamless, while on-site management and maintenance teams ensure resident satisfaction. Combined with access to local businesses, shops, and restaurants, Park Wind creates a welcoming environment where residents can live, relax, and thrive. Well Located Asset: Located in the Clinton Submarket with a median household income of $96,860. Historically Strong Occupancy and Collections: Averaging over 99% for the last 12 Months and 97.2% Collection Rate Operational Upside in Expense Structure: Relief to Utilities given recent changes to Jackson Water