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 [...] [...]
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 [...] [...]
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, [...] [...]