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INVESTMENT HIGHLIGHTS
- Strategic Location: Minutes from Gulfport’s employment, retail, and beachfront amenities
- Occupancy: 100%
- Current Average Rents: ±$815 per month
- Empty Grass Lot: Potential to develop two more units/ Amenities
- Market Rent Potential: $1,100 (±22-26% upside based on local comps)
- Unit Mix: All 2 Bed / 2 Bath Units
EXECUTIVE SUMMARY
Broker of Record
Phillip Carpenter
License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
Phillip Carpenter
License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
PROPERTY FACTS
| Price | $650,000 | Building Size | 7,200 SF |
| Price Per Unit | $108,333 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 6 | Year Built | 1995 |
| Property Type | Multifamily |
| Price | $650,000 |
| Price Per Unit | $108,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1995 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | - | 1,200 |
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