Eastbrook Apartments | Value-Add Opportunity

Eastbrook Apartments are positioned within Vicksburg, the economic anchor of Warren County, located along the Mississippi River corridor approximately 45 minutes west of the Jackson MSA. Vicksburg benefits from a stable employment ecosystem driven by industrial, refinery, logistics, tourism, and increasingly, digital infrastructure investment. Residents enjoy proximity to major employers, retail services, schools, parks, and the revitalized downtown district, while the metro connectivity to Jackson broadens employment options and workforce inflow.NAI UCR Properties is pleased to present Eastbrook Apartments, a 120-unit multifamily community located in the thriving Vicksburg market of Warren County, Mississippi. Built in 1976 and comprehensively renovated 2023- Q1 2026, the property offers Class A interior finishes and amenities in a submarket with no Class A inventory. The offering is a compelling operational value-add. Approximately $8.5mm+ of capital improvements is complete; buyer inherits zero unfunded capex for 5-7 years. Current ownership was the original debt and equity provider, who acquired the property through a partnership takeover and subsequent foreclosure. Remaining value creation is operational, third party professional management, autopay rollout, eviction of identified delinquents, RUBS, and market at lease renewal. The property is 90% physically occupied / 82% economically occupied as of May 6th, 2026 (102 of 120 units leased), with stabilization to 92-94% economic occupancy over a 12-18 month operational transition. Current ownership is a retired, business professional who acquired the property through a partnership takeover after the original operating partner mismanaged construction and was removed. The Vicksburg market has seen recent economic development announcements totaling around $5B across multiple sectors. The market benefits from a stable employment ecosystem driven by industrial, refinery, logistics, tourism, and increasing digital infrastructure investment. Residents enjoy proximity to major employers, retail services, schools, parks, and a revitalizing downtown district, while the metro connectivity to Jackson, MSA broadens employment options and workforce inflow.