202 Milford St & 1321 Ida St • Tupelo, MS 38801
Year Purchased: 2022
Purchase Amount: $24,000,000.00
Equity: $10,950,000.00
King's Creek and Monarch Creek were purchased as a portfolio in January 2022. The portfolio consists of two multifamily communities located in Tupelo, MS. Built in 1970s, the property offers a diverse mix of one, two, and three bedroom floor plans, with a combination of garden and townhouse style units. Units average 875 square feet, with many floor plans over 1,100 square feet and the largest floor plan over 1,500 square feet.