Contacts
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
Reach out to the broker for more info on lease terms and amenities
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 ®
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
SVN | AVAT Realty