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Moss Point Landing 3800 Hill Ave 32 Unit Apartment Building $1,629,669 CAD ($50,927 CAD/Unit) 10.29% Cap Rate Moss Point, MS 39562

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Investment Highlights

  • Light value add with decent starting occupancy. Room to raise rents $50-100, add a few STRs, laundry etc. (Best for local operator)

Executive Summary

Back on the market after 3 failed buyers who did not understand the debt market . Light Value Add property. Approx 80-85% occupied. Perfect for local operator who can move the needle... All units have been turned over since 2021. You will need 30-40% down to purchase this asset. Feel free to call 760-578-3989 with specific questions. NO SELLER FINANCING, NO NEOPHYTES.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $167,740 $11.04

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $167,740
Annual Per SF $11.04

Property Facts

Price $1,629,669 CAD
Price Per Unit $50,927 CAD
Sale Type Investment
Cap Rate 10.29%
No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.74 AC
Building Size 15,200 SF
Average Occupancy 84%
No. Stories 1
Year Built/Renovated 1983/2021
Parking Ratio 2.78/1,000 SF
Opportunity Zone Yes
Zoning R-3 - Residential Multi-Family Zoning

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Range
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Pet Play Area
  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 32 $947.80 CAD 450

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0-18-01-470.070
  • 0-18-01-470.060
  • 0-18-01-470.080
Land Assessment
$9,082 CAD
Improvements Assessment
$64,220 CAD
Total Assessment
$73,301 CAD
  • Listing ID: 39454745

  • Date on Market: 2026-02-16

  • Last Updated:

  • Address: 3800 Hill Ave, Moss Point, MS 39562

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