Catylist ID:
#30573192
| Catylist Listing ID: | 30573192 |
| Property Subtypes: | Duplex/Fourplex |
| Number of Units: | 43 Units |
| Building Size (RSF): | 27,000 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,570,000 |
| Unit Price: | $36,511.63 Per Unit |
| Property Use Type: | Investment |
| Building Name: | Multiple Addresses |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 9.4% |
| Last Updated: | 1/19/2021 |
Overview / Comments
|
- 9.4 Cap Rate on existing income with below market rents - 96-100% Occupancy - 7 properties within .5 mile radius - 43 units total; 18 duplex, 1 triplex, 1 fourplex - See Attached Offering Memorandum for more information |
Attachments & Media
Additional Details
| Nearest MSA: | Gulfport-Biloxi |
| County: | Stone |
| Tax ID/APN: | 074F -04-024.004 |
| Percent Occupied: | 100% |
| Property Condition: | Good |
| Construction/Siding: | Brick, Brick/Vinyl Siding |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,741 | 3,829 | 3,829 |
| Median Age: | 34.88 | 37.08 | 37.08 |
| Households: | 653 | 1,280 | 1,280 |
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