28th Street
- 13.5 acres development site within master-planned community
- Fully entitled, mitigated & shovel-ready
- Approved for 240 multifamily units
- Complete plans included
- Surrounded by ±250 new homes (±90% built)
- Top-ranked Long Beach School District
- 2 miles from Navy Construction Battalion Center
- High-growth Gulf Coast market
Property Description
Prime 13.5-acre multifamily development site located within Castine Pointe, the largest residential community currently under construction in Long Beach, MS. The site is fully mitigated, entitled, and approved for 240 units, with a complete architectural and engineering plan set included. Surrounded by a rapidly growing single-family neighborhood nearing 90% build-out of ±250 homes, this site offers a rare opportunity to develop within an established, high-demand residential setting. Long Beach consistently ranks among the top school districts in Mississippi, supporting strong long-term rental fundamentals. The property also benefits from proximity to major employment drivers, including the Navy Seabee Construction Battalion Center (2 miles). This shovel-ready multifamily site presents a unique opportunity to capitalize on sustained population and rental growth along the Mississippi Gulf Coast.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,400,000 |
| Lot Size: | 13.50 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Conway Village Boulevard
Gonzales, Louisiana
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout