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203 N Cleveland Ave
Long Beach, MS 39560
Long Beach Square · Multifamily Property For Sale
·
100 Units
INVESTMENT HIGHLIGHTS
- Close proximity to the Gulf Coast
- Convenient access to schools, parks, and medical facilities
EXECUTIVE SUMMARY
Long Beach Square in Long Beach, MS presents a strong multifamily investment opportunity. The property offers a mix of one- and two-bedroom units with in-demand amenities and a location near Long Beach's impressive schools and just minutes from the beach, downtown Long Beach, and the University of Southern Mississippi–Gulf Park campus. Residents also benefit from nearby shopping, dining, schools, and healthcare services, enhancing long-term renter appeal. With steady population growth and limited apartment supply in the submarket, Long Beach Square is positioned to maintain stable occupancy and deliver consistent returns.
Long Beach Square presents investors with the opportunity to acquire a stabilized, cash flowing asset with clear avenues to increase total revenue by continuing their in-place strategies of achieving market rent. New ownership will inherit an updated property with a lowered insurance cost, setting them up for impressive returns with little required.
Long Beach Square presents investors with the opportunity to acquire a stabilized, cash flowing asset with clear avenues to increase total revenue by continuing their in-place strategies of achieving market rent. New ownership will inherit an updated property with a lowered insurance cost, setting them up for impressive returns with little required.
PROPERTY FACTS
| Price Per Unit | $118,653 CAD | Lot Size | 6.80 AC |
| Sale Type | Investment | Building Size | 78,700 SF |
| No. Units | 100 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1984 |
| Apartment Style | Garden | Parking Ratio | 1.98/1,000 SF |
| Building Class | C | ||
| Zoning | R-2/C-2 | ||
| Price Per Unit | $118,653 CAD |
| Sale Type | Investment |
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.80 AC |
| Building Size | 78,700 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | R-2/C-2 |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- Kitchen
- Oven
- Range
- Tub/Shower
- Patio
SITE AMENITIES
- Fitness Center
- Pool
- Grill
- Laundry Service
- Pet Play Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 60 | - | 625 |
| 2+1 | 40 | - | 900 |
PROPERTY TAXES
| Parcel Number | 0611O-04-043.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $502,771 CAD |
PROPERTY TAXES
Parcel Number
0611O-04-043.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$502,771 CAD
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