Turnkey Investment Opportunity: 12-Unit Multifamily Property
Discover this outstanding investment opportunity; 12-unit multifamily property located near downtown Gulfport. This apartment complex offers stable cash flow, long-term tenants, and significant upside potential for savvy investors. This apartment complex encompasses two tax parcels: 705 and 707 26th 1/2 Street
Key Highlights:.
• Steady Income: Proven rental history with reliable tenants in place
• Well-Maintained Property: All roofs and HVAC systems replaced in 2021. Three apartments renovated in 2024. One apartment renovated in 2025. Exterior of all buildings painted in 2023.
• Value-Add Potential: Opportunity to enhance unit interiors, increase rents, or explore utility reimbursement strategies for even greater returns.
Whether you’re a seasoned investor or looking to expand your portfolio, this multifamily property delivers consistent income today with potential for growth tomorrow. Don’t miss your chance to acquire a cash-flowing asset.
Additional Information:
Property Taxes: $4361
Insurance (February 1, 2025 Renewal): $10,430
Landscaping $170/month
Utilities (Electricity, Water, Trash): Average for last 12 months $2000/month
Gross Rents with 100% Occupancy at Current Rents : $8805 per month
For more details, contact us today.