6519 Jasmine St - Apartments FOR SALE


Moss Point, MS 39563
$379,900 USD
228-209-7084
6519 Jasmine St, Moss Point, MS for Sale
$379,900 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

6519 Jasmine St
Moss Point, MS 39563


OVERVIEW

This 9-unit apartment building offers a solid investment opportunity in a convenient location near two of Jackson County's largest employers: Ingalls Shipbuilding and the Chevron Refinery, ensuring steady rental demand. With two 3-bed/2-bath units, six 2-bed/1-bath units, and one 1-bed/1-bath unit, this property is well-suited for steady occupancy by providing a range of rental options. Zoned R-4 High-Density Residential, it also offers potential for future growth. Each unit is individually metered for electricity and paid directly by the tenants, while the owner covers the costs of water and dumpster services. Additionally, the property is situated in an X500 flood zone, meaning flood insurance is not required, which helps keep operating costs down. With affordable property prices and a growing workforce in the area, rental properties like this offer consistent income and the potential for long-term value appreciation, making it a sound choice for investors seeking a stable asset.

FOR SALE DETAILS

PRICE

$379,900 USD

PRICE/SF

$14 USD /SF

# OF UNITS

9

PRICE/UNIT

$42,211

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6519 Jasmine St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R-4 High-Density Res

APN/PARCEL ID

2-22-25-064.000

ASK ABOUT THIS PROPERTY

Marissa TrobaughCENTURY 21 J. Carter & CompanyMore Info
228-209-7084

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Marissa TrobaughCENTURY 21 J. Carter & CompanyMore Info
228-209-7084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.