2403 Eden St - Apartments FOR SALE


Pascagoula, MS 39581
$4,940,000 USD
228-233-6336
2403 Eden St, Pascagoula, MS for Sale
$4,940,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

2403 Eden St
Pascagoula, MS 39581


OVERVIEW

Edenwood Apartments is a 52-unit multifamily investment opportunity located within a federally designated Opportunity Zone in Pascagoula, Mississippi, offering a desirable mix of 2- and 3-bedroom floor plans designed to serve the area's strong workforce housing demand. Strategically positioned near Ingalls Shipbuilding, Chevron, the Port of Pascagoula, Singing River Health System, and other major employment centers, the property benefits from a stable tenant base and continued rental demand throughout the Mississippi Gulf Coast. The diverse unit mix appeals to a broad range of residents, including families and working professionals, while the property's location provides convenient access to employment, retail, dining, and transportation corridors. Edenwood Apartments presents an opportunity to acquire a well-positioned multifamily asset with established income, long-term growth potential, and the added benefit of Opportunity Zone designation in one of the Gulf Coast's strongest employment markets.

FOR SALE DETAILS

PRICE

$4,940,000 USD

PRICE/SF

$49 USD /SF

# OF UNITS

52

PRICE/UNIT

$95,000

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edenwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

104

LAND DETAILS

LAND ACRES

3.29 AC

LAND SF

143,312 SF

ZONING

-

APN/PARCEL ID

4-20-20-060.000

ASK ABOUT THIS PROPERTY

Kim Ross BushColdwell Banker Commercial Alfonso RealtyMore Info
228-233-6336

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Kim Ross BushColdwell Banker Commercial Alfonso RealtyMore Info
228-233-6336

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