205-516-6107
1910 Southern Ave, Biloxi, MS for Sale
Apartments - FOR SALE
1/19
null | Request Cap Rate

1910 Southern Ave
Biloxi, MS 39531


HIGHLIGHTS

  • Offers investors the opportunity to acquire a stabilized, turnkey asset with the majority of capital improvements already completed
  • Because of the comprehensive studs-out renovation, ownership can expect to avoid many of the structural issues
  • Provides additional income growth potential through maintaining occupancy above 95%, achieving current internal asking rents

OVERVIEW

Seacrest on Southern is a 44-unit, 29,800-square-foot apartment community located in Biloxi, Mississippi. Originally built in 1960 and renovated in 2023, the property offers durable construction and a well-executed renovation program within an established coastal submarket. Its proximity to major employment centers, casinos, retail, and the Gulf Coast supports consistent rental demand from hospitality workers, service professionals, and long-term residents alike. The asset is stabilized and cash-flowing, with additional upside through continued operational efficiencies and rent growth as renovations are fully realized.

FOR SALE DETAILS

PRICE

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# OF UNITS

44

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seacrest on Southern

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,745 SF

ZONING

R3

APN/PARCEL ID

1210K-02-027.000

ASK ABOUT THIS PROPERTY

Jason HydeSVN | AVAT Realty, LLCMore Info
205-516-6107

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Jason HydeSVN | AVAT Realty, LLCMore Info
205-516-6107

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