Heritage Park_Property for Sale
Heritage Park_Property for Sale
600 McElroy Dr, Oxford, MS, 38655-2179, US

Heritage Park

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Heritage Park, a 96-unit LIHTC property in Oxford, MS. The Property is located in close proximity to the University and offers Investors the opportunity to deploy capital into a well-maintained age-restricted community that benefits from low turnover and 98% occupancy. Heritage Park is also QC eligible in 2027 where an investor could potentially turn rent restricted units to fully market-rate by 2031. 



Number of units
96 units
Year built
Building area Net
8,568 m²


Investment Highlights

  • Stable, Bond-Like Cashflow
  • Attractive Senior Asset Garnering Strong Demand
  • QC Eligible Market Conversion Opportunity
  • Proximity to the University of Mississippi
  • Impressive Apartment Market Fundamentals

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Last updated
24 Jul 2023