276 Iberville Dr - Biloxi Beach RV and Boat Storage 11,520 SF Specialty Building Offered at $886,379 CAD at a 6.51% Cap Rate in Biloxi, MS 39531

The Biloxi Beach RV & Boat Storage offers a high-quality coastal investment in a strong tourism and recreation-driven market. Located less than one mile from the beach and near lakes, campgrounds, and Keesler Air Force Base, the property benefits from consistent demand from both local and transient tenants.
Built in 2023, the facility features institutional-grade improvements including paved surfaces, covered RV parking with 200 mph wind ratings, and modern security systems. Amenities such as 24/7 access, gated entry, and a wash station enhance tenant appeal and support long-term retention. The property has historically maintained strong occupancy between 90% and 100%, demonstrating stable performance. Streamlined operations with integrated management software allow for efficient, low-overhead ownership.
Investors benefit from immediate upside through below-market rents, with the ability to increase income and drive NOI growth. Combined with nearby residential development and steady tourism, the asset is well-positioned for continued demand. This is a turnkey, income-producing asset with strong fundamentals, durable construction, and long-term growth potential in a high-demand coastal market.
SELLER WILLING TO GUARANTEE 100% OCCUPANCY AT CLOSING AND MANAGE PROPERTY FOR BUYER FOR 6 MONTH PERIOD.