1028 45th Avenue, Gulfport, MS

Multi-family for Sale - $2,850,000 - 31,752 Sq. Ft. on 2 acres


Agent Info

Sam Ford
Coldwell Banker Commercial Alfonso Realt

Property Info

CIMLS#1157310
Location
  1028 45th Avenue
  Gulfport MS 39501
UpdatedApril 5th, 2024
TypeMulti-family
Price$2,850,000
Building31,752 Sq. Ft.
Land2 acres

Property Description

Package consists of 55 apartment units, two houses and two commercial lots just off Broad Av., West Gulfport, and close to Memorial Hospital, Casinos, Beach averaging about $550 per month, +/- 90% Occupancy rate. Medical and casinos are primary employers in area. Two units are furnished and used for short term vacation rentals. Portfolio consists of eight parcels: 0711J-04-019.000, 0711J-01-018.000, 0711J-01-017.000, 0711J-01-020.000, 0711J-02-014.000, 0711J-02-004.000, 0711J-02-005.000, 0711J-02-003.000 Financial information to be furnished for buyers review and independently verified by buyer.


Financials


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