Oakleigh Apartments

For Sale

801 Oakleigh Ave, Gulfport, MS 39507

This Gulfport property for sale is located at 801 Oakleigh Ave. The current listed sale price for Oakleigh Apartments is $2,300,000. Oakleigh Apartments is situated on a lot that is 0.65 acre in size.

Contacts

Jason Hyde

SVN | AVAT Realty

Property Details

  • Property Type Multi-Family
  • Property Size 23,618 SF
  • Units 24
  • Lot Size 0.65 Acre
  • Year Built 2007
  • Date Updated May 29, 2026
As one of the Mississippi Gulf Coast’s largest and most economically diverse cities, Gulfport offers investors a strong balance of affordability, employment stability, and coastal lifestyle appeal. The city serves as a regional hub anchored by the Port of Gulfport, Ingalls Shipbuilding, Memorial Health System, and Keesler Air Force Base, providing steady workforce demand and housing needs. Supported by ongoing investment in port facilities, healthcare, and commercial development, Gulfport continues to attract new residents while maintaining consistent occupancy and rent growth across its multifamily sector. Its blend of accessibility, economic resilience, and coastal character make it a reliable market for long-term investor performance. Location & Market Highlights include: Gulfport serves as the economic center of the Mississippi Gulf Coast. The area benefits from stable employment across key industries including port operations, healthcare, education, and tourism. Ongoing investment continues to enhance the downtown waterfront and surrounding neighborhoods. Residents enjoy proximity to beaches, major retailers, dining, and entertainment. The market’s affordability and coastal setting support steady renter demand.Oakleigh Apartments in Gulfport, MS presents a strong multifamily investment opportunity. The property offers a mix of 2- and three-bedroom units with a location just minutes from the beach and downtown Gulfport. Residents also benefit from nearby shopping, dining, schools, and healthcare services, enhancing long-term renter appeal. With steady population growth and limited apartment supply in the submarket, Oakleigh Apartments is positioned to maintain stable occupancy and deliver consistent returns.
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Highlights

  • 24 Units | 23,618 Rentable ft²
  • Anticipated cash-on-cash just above 6.6% and IRR exceeding 15.8% at the ask price of $2.3M.
  • Built in 2007 with High Quality Materials including mostly brick building exteriors and concrete parking areas
  • Expense-adjusted T-3 cap rate of 6.97% at the ask price of $2.3M, with a projected Year 1 cap rate of 7.31%, offering immediate positive leverage under new ownership.
  • Has maintained a 100% occupancy for the past twelve months.
  • Ideal Gulfport location

Getting around

  • 50/100

    Walk Score ®

  • 43/100

    Bike Score ®

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Location

  • City Gulfport, MS
  • Zip Code 39507

Points of Interest

  • Gulfport (opens February 2025)

    5.73 miles

  • Biloxi (opens February 2025)

    6.91 miles

  • Texaco

    0.38 miles

  • Clark's

    0.42 miles

  • Walmart

    0.70 miles

  • Exxon

    2.26 miles

  • Kangaroo Express

    2.30 miles

  • Circle K

    2.53 miles

  • Shell

    3.63 miles

  • Chevron

    4.32 miles

  • Tesla Supercharger

    7.84 miles

  • IVCR Employee parking

    6.08 miles

  • Vietnamese Martyrs Catholic Church

    8.32 miles

  • Hardy Hall Parking Lot

    8.48 miles

  • Tennis Court Parking Lot

    8.50 miles

  • Lofty Lot

    8.57 miles

  • Palace Casino Parking Garage

    8.85 miles

  • Motel 6

    1.75 miles

  • Quality Inn Biloxi Beach

    1.95 miles

  • Grand Centennial Hotel

    3.15 miles

  • Treasure Bay Casino and Hotel

    3.18 miles

  • The Oasis Resort - North

    3.25 miles

  • The Oasis Resort - South

    3.28 miles

  • Super 8

    3.49 miles

  • Days Inn by Wyndham Biloxi Beach

    3.87 miles

  • Flamingo Inn

    3.97 miles

  • South Beach

    4.03 miles

  • Walmart Neighborhood Market

    0.75 miles

  • Walmart Supercenter

    1.04 miles

  • JCPenney

    1.18 miles

  • Belk

    1.29 miles

  • Dillard's

    1.30 miles

  • Save-A-Lot

    4.12 miles

  • Ross

    5.48 miles

  • TJ Maxx

    5.53 miles

  • Gulfport Premium Outlets

    5.77 miles

  • Main Exchange

    5.86 miles

Contact Listing Broker
Jason Hyde

SVN | AVAT Realty

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