158 Cliff Mitchell Rd
Picayune, MS 39466
Multifamily Property For Sale · 55,000 SF

Tiny Home Apartment Rentals is a well-maintained, 101-unit turnkey community located in Pearl River County—one of Mississippi’s fastest-growing regions. The property is professionally managed and thoughtfully operated, featuring 70 newer-model Tiny Homes, 7 Apartments, and 12 Duplexes (24 doors in total), all rented at market rates. Five of the Tiny Homes are currently used as short-term rentals, averaging $79 per night, offering both additional income and operational flexibility. The community is 87% occupied, supported by steady demand and strong local demographics. Gross potential rental income is approximately $100,600 per month, with an additional $800 to $1,000 per month generated from the onsite laundry facility, which currently includes four washers and dryers—an infrastructure that can support up to eight more. Rent collection is fully digital, with 80% of tenants set up on auto-draft, promoting smooth operations and consistent cash flow. Located less than a mile from Interstate 59, the property enjoys excellent regional connectivity and is fully connected to city utilities. It sits outside the flood zone and has benefited from more than $12 million in infrastructure improvements, including a $1.4 million Site Development Grant and enhancements to nearby Highway 26. Local industrial development continues to strengthen the market. From 2022 to 2024, Pearl River County experienced a 2.95% rise in population and a 5.23% increase in employment, with over 40% of residents identifying as renters. Key regional employers include Ochsner Medical Center, Hollywood Casino & Resort, Picayune Industrial Park, Stennis Space Center, and Pearl River Community College. Spread across 25.2 acres, the community includes an onsite office and laundry facility. All homes were built within the past four years and feature upgraded electrical systems. Utilities are tenant-paid, with each unit individually metered for electricity and master metered for water. With modern construction, strong in-place income, and a location poised for continued growth, Tiny Home Apartment Rentals represents a rare opportunity for investors targeting stable returns and long-term appreciation in the workforce housing sector.