1924 30th Avenue, Gulfport, MS, 39501

For Sale

1924 30th Ave, Gulfport, MS 39501

This Gulfport property for sale is located at 1924 30th Ave. The current listed sale price for 1924 30th Avenue, Gulfport, MS, 39501 is $350,000. 1924 30th Avenue, Gulfport, MS, 39501 is situated on a lot that is 0.25 acre in size.

Contacts

Carrie Fish

Coldwell Banker Alfonso Realty, Inc.

Property Details

  • Property Type Multi-Family
  • Lot Size 0.25 Acre
  • Year Built 1968
  • Date Updated Jun 30, 2026
**Investment Opportunity - Income-Producing Senior Living Facility | Gulfport, MS** Located at 1924 30th Avenue in Gulfport, Mississippi, this well-maintained commercial property presents an exceptional investment opportunity with an established tenant and immediate cash flow. Currently operating as a senior living facility in partnership with the VA, the property is fully leased with approximately twenty-three (23) months remaining on the current lease and includes a tenant option to renew for an additional three (3) years. The facility underwent a comprehensive remodel completed in February 2026, enhancing the property's functionality, appearance, and long-term value. As part of the improvements, a new sprinkler system was installed, providing added safety and compliance for the facility's operations. The property is thoughtfully designed to accommodate resident care and daily living activities, featuring eleven (11) resident rooms, one (1) full bathroom, two (2) half bathrooms, a kitchenette, dedicated dining room, and two spacious sitting/entertainment areas for residents. Additional amenities include an employee lounge/office, utility room, and storage room, providing efficient functionality for ongoing operations. This turnkey investment offers a strong 9.18% cap rate, making it an attractive addition to any investor's portfolio. The property's established use, stable tenancy, recent upgrades, and favorable lease structure provide both income stability and future growth potential. **Property Highlights:** * Asking Price: $350,000 * Income-producing commercial investment * Currently operating as a senior living facility associated with the VA * Complete remodel finished in February 2026 * New sprinkler system installed * 11 resident rooms * 1 full bathroom and 2 half bathrooms * Kitchenette and dedicated dining area * 2 resident sitting/entertainment rooms * Employee lounge/office * Utility room and storage room * Approximately 23 months remaining on current lease * Tenant option to renew for an additional 3 years * Strong 9.18% cap rate * Convenient Gulfport location Investors seeking stable cash flow and a proven tenant-operated facility will appreciate the value and income potential this property offers. With substantial recent improvements already completed, this property is positioned to deliver reliable returns with minimal immediate capital expenditure requirements.
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Location

  • City Gulfport, MS
  • Zip Code 39501

Points of Interest

  • Gulfport (opens February 2025)

    0.40 miles

  • Chevron

    1.49 miles

  • Clark's

    2.70 miles

  • Kangaroo Express

    3.43 miles

  • Exxon

    3.47 miles

  • Shell

    3.50 miles

  • Pilot

    4.02 miles

  • IVCR Employee parking

    0.80 miles

  • Hardy Hall Parking Lot

    2.81 miles

  • Tennis Court Parking Lot

    2.82 miles

  • Lofty Lot

    2.88 miles

  • Courtyard by Marriott Gulfport Beachfront

    1.02 miles

  • Holiday Inn Express

    1.41 miles

  • Value Place Gulfport, Mississippi

    2.26 miles

  • WoodSpring Suites

    2.50 miles

  • The Oasis Resort - North

    2.61 miles

  • The Oasis Resort - South

    2.62 miles

  • Grand Centennial Hotel

    2.70 miles

  • Comfort Suites Gulfport

    2.85 miles

  • Sun Suites of Gulfport

    2.95 miles

  • Hilton Garden Inn

    3.14 miles

  • Save-A-Lot

    1.61 miles

  • Winn-Dixie

    3.37 miles

  • Walmart Supercenter

    3.40 miles

  • Gulfport Premium Outlets

    3.79 miles

  • Ross

    4.42 miles

  • TJ Maxx

    4.52 miles

  • Belk

    4.54 miles

  • Walmart Neighborhood Market

    4.97 miles

  • Food Giant

    5.81 miles

  • JCPenney

    6.50 miles

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