- For Sale Subject To Offer
- Property Type Multi-Family
- Property Size 105,900 SF
- Units 101
- Lot Size 7 Acre
- Year Built 1970
- Year Renovated 2023
- Date Updated Apr 14, 2024
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Highlights
- 101-unit property located in Gulfport, MS
- Sister Property to Magnolia Crossing, an 80-unit property nestled in a quiet and convenient part of the Biloxi/Gulfport area
- 75% of Units have been Renovated. Upgrades Include: Paint, Flooring, fixtures, kitchen cabinet upgrades, countertop and tub refinishing, appliances, HVAC, other
- In addition to unit improvements, new roofs have been installed for all buildings in 2022 and the pool was resurfaced in 2023.
- Estimated year-one cash return of over $150k, which results in a cash-on-cash return of 7.7%
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Contacts
Andrew Agee
SVN | AVAT Realty
(256) 653-0065
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (66) -
Bike Score ®
Somewhat Bikeable (41)
- City Gulfport, MS
- Zip Code 39503
Points of Interest
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Walmart
0.45 miles
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Sam's Club
1.40 miles
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Circle K
1.47 miles
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Kangaroo Express
1.89 miles
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Shell
2.10 miles
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Shell
3.47 miles
-
Pilot
3.47 miles
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Clark's
5.27 miles
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Kangaroo Express
5.49 miles
-
Exxon
5.50 miles
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IVCR Employee parking
6.58 miles
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Tennis Court Parking Lot
7.62 miles
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Hardy Hall Parking Lot
7.67 miles
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Stadium Parking
8.02 miles
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Student Parking
8.03 miles
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Sonic
0.10 miles
-
Whataburger
0.19 miles
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Moe's Southwest Grill
0.24 miles
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Popeyes
0.24 miles
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Burger King
0.30 miles
-
Taco Bell
0.34 miles
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McDonald's
0.36 miles
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Domino's
0.38 miles
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Zaxby's
0.41 miles
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Pizza Hut
0.46 miles
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Orange Grove Elementary School
0.56 miles
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Bel Aire Elementary School
1.35 miles
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Crossroads Elementary School
1.50 miles
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Lyman Elementary School
2.45 miles
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Three Rivers Elementary
2.53 miles
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Turkey Creek School
2.80 miles
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Mississippi Gulf Coast Community College - Community Campus
3.83 miles
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Harrison Central High School
4.13 miles
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Bayou View Elementary School
4.25 miles
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Westminster Academy grounds
4.28 miles
Contact Listing Broker
Andrew Agee
SVN | AVAT Realty
(256) 653-0065