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Multifamily

Beaujolais Villas

11263 Gorenflo Rd, D'Iberville, MS 39540

Listing Price: $3,500,000

Cap Rate
6.66%
Number of Units
37
Price/Unit
$94,595
Price/Gross SF
$104.17
Gross SF
33,600

Investment Overview

37-unit apartment complex centrally located on the Mississippi Gulf Coast

Investment Highlights

  • 36 units are two-bedroom one-bathroom and one unit is three-bedroom two-bathroom
  • Conveniently located near Keesler Air Force Base
  • Recent renovations include new roofs and luxury vinyl tile flooring in most units
  • Currently operated as short-term military housing with the ability to convert to long-term leases
  • Common area amenities include a swimming pool, grilling area and an on-site laundry facility
  • Located in a quiet residential neighborhood less than two miles from major shopping and entertainment complex, The Promenade and Lakeview Village
  • D'Iberville is growing rapidly with a more than 20% population increase since 2010

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Listing Price: $3,500,000

Cap Rate
6.66%
Number of Units
37
Price/Unit
$94,595
Price/Gross SF
$104.17
Gross SF
33,600

Investment Highlights

  • 36 units are two-bedroom one-bathroom and one unit is three-bedroom two-bathroom
  • Conveniently located near Keesler Air Force Base
  • Recent renovations include new roofs and luxury vinyl tile flooring in most units
  • Currently operated as short-term military housing with the ability to convert to long-term leases
  • Common area amenities include a swimming pool, grilling area and an on-site laundry facility
  • Located in a quiet residential neighborhood less than two miles from major shopping and entertainment complex, The Promenade and Lakeview Village
  • D'Iberville is growing rapidly with a more than 20% population increase since 2010

Investment Overview

37-unit apartment complex centrally located on the Mississippi Gulf Coast

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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