Posts Tagged ‘apartments’

Abandoned Aeolian building to be renovated

by Associated Press Published: September 19,2011

Tags: apartments, construction, housing, multi-family, real estate, retirement

VICKSBURG — A Vicksburg building that has been empty and neglected for years appears headed for a dramatic turnaround. The four-story Aeolian building has been vacant since 1991. But The Vicksburg Post says nearly $750,000 worth of income-based tax credits will be used to make the building into senior apartments. The money from the Mississippi [...] [...]

Firm brokers sale of apartments for $10.1M

by For the MBJ Published: April 12,2011

Tags: apartments, mergers and acquisitions, real estate

JACKSON — Marcus & Millichap Real Estate Investment Services has brokered the sale of Parham Pointe, a 393-unit 341,430-square-foot bank-owned multi-family property in Jackson. The sales price of $10.1 million represents $25,700 per unit and $30 per square foot. Scott Harris, a senior vice president, investments, in the firm’s Oak Brook office, and Bradley Barham [...] [...]

City looking to enact redevelopment tax

by Associated Press Published: December 28,2010

Tags: apartments, construction, development, municipal government, residential, taxes

RIDGELAND — The City of Ridgeland will seek legislative — and ultimately voter — approval for a 1 percent increase in the local sales tax to redevelop a southeastern area and reduce the number of apartment complexes. The tax would be very similar to the tourism tax currently levied on Ridgeland hotels, motels and restaurants, [...] [...]

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