11350 New Orleans Avenue North

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Address: 11350 New Orleans Ave N, Gulfport, MS 39503, USA

Florida & Gulf Coast + Apartment Buildings

Created date: October 7, 2024

Date last updated: December 6, 2024

- 33,600 SF building with 36 units
- Built in 2010 for modern appeal
- Desirable Gulfport, MS location
- 96% occupancy for strong income potential
- Multifamily/Low-Rise/Garden investor-friendly
- Spacious, well-maintained units
- Ample parking for residents and visitors
- Proximity to amenities and transportation

Property Description

The Quarters is a 36 unit, never before traded, multifamily asset located on the Mississippi Gulf Coast in the city of Gulfport. This property is an excellent opportunity for investors to acquire a cash flowing asset, with plenty of growth potential. Discover an exceptional opportunity for multifamily investor interested in the growing Gulfport community! This impressive property was built in 2010 and features 6 single-story walk up building, 33,600 ft² of rental space on 2.87 Acres. Situated in the impressive Orange Grove area, the property boasts a remarkable 96% occupancy rate, reflecting strong tenant demand and stability. With its desirable location, 2 and 3 Bed unit mix, and unique features, this investment presents an ideal choice for investors in this area.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$3,200,000
No. of Units:	36
Year Built:	2010
Lot Size:	2.87 Sq ft
Opportunity Zone:	No
Price per unit:	$88,889
Property Website	Click Here