412-956-9470
1005 W Birch Dr, Gulfport, MS for Sale
Apartments - FOR SALE
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1005 W Birch Dr
Gulfport, MS 39503


HIGHLIGHTS

  • Strong NOI
  • Streamlined Operations
  • Fully Digitized Management

OVERVIEW

Turnkey 40-unit multifamily complex featuring 8 one-bed, 24 two-bed, and 8 three-bed units—all fully occupied, with the majority of rents paid through government programs for exceptional stability. Units include new appliances and finishes. The property offers a newly finished parking lot, digitized revenue-generating laundry, and a fully equipped leasing office with storage. Operations are streamlined with a digital rent-collection system and transparent financial records, making this asset ideal for a passive investor. Rents update annually through government programs, providing built-in income growth. The property generates ~$650K in annual revenue with an impressive ~$490K NOI, and offers both an assumable Fannie Mae loan and seller financing.

FOR SALE DETAILS

PRICE

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# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gulf Coast Estates

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

78

LAND DETAILS

LAND ACRES

4.9 AC

LAND SF

213,444 SF

ZONING

RMF

APN/PARCEL ID

0908K-01-008.000

ASK ABOUT THIS PROPERTY

Karl RosarioVesta Realty GroupMore Info
412-956-9470

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Karl RosarioVesta Realty GroupMore Info
412-956-9470

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.