Contacts
Andrew Agee
SVN | AVAT Realty
(256) 653-0065
Property Details
- 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%
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Gulfport, MS
- Zip Code 39503
Points of Interest
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Walmart
0.45 miles
-
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
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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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SpringHill Suites
1.71 miles
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Holiday Inn Gulfport-Airport
2.19 miles
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Best Western Plus Seaway Inn
2.24 miles
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Clarion Inn
2.29 miles
-
Quality Inn Gulfport
2.33 miles
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Ramada Gulfport
2.38 miles
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Americas Best Value Inn - Gulfport
2.43 miles
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Motel 6 Gulfport
2.47 miles
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Econo Lodge Inn & Suites Gulfport
2.51 miles
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Fairfield Inn & Suites Gulfport
2.59 miles
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Food Giant
0.25 miles
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Walmart Neighborhood Market
0.49 miles
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Belk
1.29 miles
-
TJ Maxx
1.38 miles
-
Gulfport Premium Outlets
2.00 miles
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Walmart Supercenter
2.48 miles
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Save-A-Lot
5.31 miles
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Walmart Neighborhood Market
6.21 miles
-
Walmart Supercenter
7.66 miles
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JCPenney
7.82 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Andrew Agee
SVN | AVAT Realty
(256) 653-0065