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Bartlett Bayou 2718 Bartlett Ave 48 Unit Apartment Building $4,560,000 ($95,000/Unit) Pascagoula, MS 39567



Executive Summary
Bartlett Bayou Apartments is a 48-unit multifamily investment opportunity located in a federally designated Opportunity Zone in Pascagoula, Mississippi. The property consists of 32 apartment-style units and 16 townhomes, offering a desirable mix of spacious 2- and 3-bedroom floor plans designed to serve the area's strong workforce housing demand. Strategically located near Ingalls Shipbuilding, Chevron, the Port of Pascagoula, and other major employment centers, Bartlett Bayou is positioned to capitalize on continued demand for quality rental housing along the Mississippi Gulf Coast. The property's diverse unit mix, Opportunity Zone designation, and proximity to major employers provide investors with an opportunity to acquire a well-positioned multifamily asset in one of the region's strongest employment markets with long-term income and growth potential.
Property Facts
| Price | $4,560,000 | Building Class | B |
| Price Per Unit | $95,000 | Lot Size | 3.91 AC |
| Sale Type | Investment | Building Size | 57,848 SF |
| No. Units | 48 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2005 |
| Apartment Style | Garden | Parking Ratio | 1/1,000 SF |
| Price | $4,560,000 |
| Price Per Unit | $95,000 |
| Sale Type | Investment |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.91 AC |
| Building Size | 57,848 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2005 |
| Parking Ratio | 1/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Picnic Area
- Tenant Controlled HVAC
- Lake Access
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 1,020 |
| 2+2 | 12 | - | 1,079 |
| 3+2 | 28 | - | 1,196 - 1,326 |
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Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4-20-20-016.000 | Improvements Assessment | $285,862 |
| Land Assessment | $10,352 | Total Assessment | $296,214 |
Property Taxes
Parcel Number
4-20-20-016.000
Land Assessment
$10,352
Improvements Assessment
$285,862
Total Assessment
$296,214
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