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20031 Lovers Ln 6 Unit Apartment Building Offered at $888,992 CAD Long Beach, MS 39560
Investment Highlights
- Strategic Location: Minutes from Gulfport’s employment, retail, and beachfront amenities
- Occupancy: 100%
- Current Average Rents: ±$815 per month
- Empty Grass Lot: Potential to develop two more units/ Amenities
- Market Rent Potential: $1,100 (±22-26% upside based on local comps)
- Unit Mix: All 2 Bed / 2 Bath Units
Executive Summary
Broker of Record
Phillip Carpenter
License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
Phillip Carpenter
License # C-11708 (MS)
Carpenter Properties, Inc.
1437 Old Square Road, Suite 104 Jackson, MS 39211
(866) 889-0550
Property Facts
| Price | $888,992 CAD | Lot Size | 0.83 AC |
| Price Per Unit | $148,165 CAD | Building Size | 7,200 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1995 |
| Building Class | C |
| Price | $888,992 CAD |
| Price Per Unit | $148,165 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1995 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | - | 1,200 |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0511I-02-036.005 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $84,360 CAD |
Property Taxes
Parcel Number
0511I-02-036.005
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$84,360 CAD
(866) 889-0550
x4494
Contacts
-
Braxton Wetzler -
Caleb Frizzell -
Matthews Real Estate Investment Services, Inc.
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20031 Lovers Ln
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