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This Health Care Property is no longer advertised on LoopNet.com.
8970 Lorraine Rd
Gulfport, MS 39503
Memorial Hospital at Gulfport · Health Care Property For Sale
·
1 Bed

Investment Highlights
- Health System Tenant – Memorial Health at Gulfport has over 100 locations and a Moody’s Baa2 credit rating, providing a substantial opportunity
- Passive Income – Tenant responsibilities include taxes, insurance, and maintenance, an ideal structure for investors seeking passive income
- Highly Visible – This property is seated on Lorraine Rd, a major roadway in Gulfport that sees nearly 35K VPD, providing a highly visible
- Advantageous Return – At an 8% return, this asset allows an investor the opportunity to achieve Year 1 positive leverage with today’s interest rates.
- Various National Brands – Walgreens, Dollar Tree, McDonalds, AutoZone, and Walmart are some of the many national tenants near this asset
Property Facts
| Property Type | Health Care | No. Beds | 1 |
| Lot Size | 0.62 AC | No. Stories | 1 |
| Building Size | 3,800 SF | Year Built | 2016 |
| Property Type | Health Care |
| Lot Size | 0.62 AC |
| Building Size | 3,800 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2016 |
Links
Property Taxes
| Parcel Number | 1010D-01-001.011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $61,962 |
Property Taxes
Parcel Number
1010D-01-001.011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$61,962
Listing ID: 29112445
Date on Market: 7/26/2023
Last Updated:
Address: 8970 Lorraine Rd, Gulfport, MS 39503
The Health Care Property at 8970 Lorraine Rd, Gulfport, MS 39503 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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