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Edenwood Apartments 2403 Eden St 52 Unit Apartment Building $4,940,000 ($95,000/Unit) Pascagoula, MS 39581
Executive Summary
Edenwood Apartments is a 52-unit multifamily investment opportunity located within a federally designated Opportunity Zone in Pascagoula, Mississippi, offering a desirable mix of 2- and 3-bedroom floor plans designed to serve the area's strong workforce housing demand. Strategically positioned near Ingalls Shipbuilding, Chevron, the Port of Pascagoula, Singing River Health System, and other major employment centers, the property benefits from a stable tenant base and continued rental demand throughout the Mississippi Gulf Coast. The diverse unit mix appeals to a broad range of residents, including families and working professionals, while the property's location provides convenient access to employment, retail, dining, and transportation corridors. Edenwood Apartments presents an opportunity to acquire a well-positioned multifamily asset with established income, long-term growth potential, and the added benefit of Opportunity Zone designation in one of the Gulf Coast's strongest employment markets.
Property Facts
| Price | $4,940,000 | Building Class | B |
| Price Per Unit | $95,000 | Lot Size | 3.29 AC |
| Sale Type | Investment | Building Size | 100,620 SF |
| No. Units | 52 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2003 |
| Apartment Style | Garden | Parking Ratio | 1.85/1,000 SF |
| Price | $4,940,000 |
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.29 AC |
| Building Size | 100,620 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 1.85/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 24 | - | 990 |
| 3+2 | 28 | - | 1,157 |
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Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4-20-20-060.000 | Improvements Assessment | $304,992 |
| Land Assessment | $10,035 | Total Assessment | $315,027 |
Property Taxes
Parcel Number
4-20-20-060.000
Land Assessment
$10,035
Improvements Assessment
$304,992
Total Assessment
$315,027
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Edenwood Apartments | 2403 Eden St
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