The Offering

  • Asking Price $695,000
  • Number of Units 9
  • Price per Unit $77,222
  • Number of Buildings 7
  • Number of Stories 2
  • Year Built 1970
  • Land Area 8.701 ac

Grenada, MS Investment Portfolio – 9 Units (Multifamily + SFH)

Exclusively Presented by Woodyard Realty Corporation

Woodyard Realty Corporation is pleased to present the Grenada, MS Portfolio, a nine-unit investment opportunity featuring eight multifamily units and one single-family home. This nearly turn-key portfolio is located in a growing North Mississippi market experiencing rapid job creation and housing demand.

Property Overview

The portfolio includes four (4) 2BD/1.5BA units, four (4) 2BD/1BA townhomes, and one (1) single-family home.

  • Renovation scope: Full interior and exterior upgrades across all multifamily units; the SFH has new exterior improvements, plumbing, and utilities, with interior finish-out nearing completion.
  • One multifamily unit is currently being used for storage, offering flexibility for conversion or future income.


Market Drivers

Grenada, MS — located on Interstate 55 between Jackson and Memphis — is attracting major industrial investment. Milwaukee Tool and Modine Manufacturing have announced nearly $100 million in expansion projects, creating over 1,250 new jobs. In response, Grenada County has issued a housing RFP (July 2025) to address projected demand for nearly 3,000 new homes by 2030.


Investment Summary

This offering provides investors with the opportunity to acquire a stabilized, renovated portfolio in a high-demand market positioned for continued growth. With renovations largely complete, strong regional employment momentum, and a clear housing shortage, the Grenada Portfolio offers both immediate income potential and long-term appreciation upside.

Location Map

Listing Agents

David Dorris

David Dorris

Broker
Woodyard Realty Corp.
TN 337438
MS S-55883
AR SA00100084
Bryan Sisk

Bryan Sisk

Broker
Woodyard Realty Corp.
TN 330010
MS S-55772