152 Gateway Dr - Medical FOR SALE


Biloxi, MS 39531
$2,200,000 USD
843-380-8650
152 Gateway Dr, Biloxi, MS for Sale
$2,200,000 USD
Medical - FOR SALE
1/4
null | 9.35% Cap Rate

152 Gateway Dr
Biloxi, MS 39531


HIGHLIGHTS

  • Located within the Gulfport–Biloxi MSA, with a population of approximately 400,000, the property benefits from strong healthcare demand supported .
  • Oceans Behavioral Hospital is operated by Oceans Healthcare, a leading behavioral health platform with 48 facilities across nine states and backed.
  • Offered at $92.22 PSF, representing a substantial discount to the cost of developing a purpose-built behavioral health facility.
  • Oceans Behavioral Hospital has successfully operated from the property for more than 11 years, demonstrating the location's strategic importance.
  • The tenant reimburses its pro rata share of property taxes, insurance, utilities, and janitorial expenses.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 23,856 SF Woodlake & Ocean Healthcare located at 152 Gateway Drive in Biloxi, MS. This offering presents a compelling opportunity to acquire a purpose-built behavioral health facility at an attractive basis of $92.22 PSF, significantly below replacement cost. This substantial discount minimizes development risk while providing investors with immediate value and strong long-term investment potential. In Cooperation With Sands Investment Group Mississippi, LLC - Lic. #22675 BoR: Andrew Ackerman - Lic. MS #22616

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

9.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodlake & Ocean Healthcare - Biloxi MS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

2.53 AC

LAND SF

110,207 SF

ZONING

-

APN/PARCEL ID

1110M-01-011.000

ASK ABOUT THIS PROPERTY

Zack BoalsSands Investment GroupMore Info
843-380-8650

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Zack BoalsSands Investment GroupMore Info
843-380-8650

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