20031 Lovers Ln - Multi-Family FOR SALE


Long Beach, MS 39560
$650,000 USD
866-889-0550
20031 Lovers Ln, Long Beach, MS for Sale
$650,000 USD
Multi-Family - FOR SALE
1/3
null | Request Cap Rate

20031 Lovers Ln
Long Beach, MS 39560


HIGHLIGHTS

  • Strategic Location: Minutes from Gulfport’s employment, retail, and beachfront amenities
  • Empty Grass Lot: Potential to develop two more units/ Amenities
  • Occupancy: 100%
  • Market Rent Potential: $1,100 (±22-26% upside based on local comps)
  • Current Average Rents: ±$815 per month
  • Unit Mix: All 2 Bed / 2 Bath Units

OVERVIEW

Broker of Record Phillip Carpenter License # C-11708 (MS) Carpenter Properties, Inc. 1437 Old Square Road, Suite 104 Jackson, MS 39211 (866) 889-0550

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

6

PRICE/UNIT

$108,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0511I-02-036.005

ASK ABOUT THIS PROPERTY

Braxton WetzlerMatthews Real Estate Investment Services, Inc.More Info
866-889-0550

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

Braxton WetzlerMatthews Real Estate Investment Services, Inc.More Info
866-889-0550

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