Portfolio of 3 condos Dock St, Pascagoula, MS

Multi-Family for Sale
Catylist Listing ID: 30803472
Number of Units: 3 Units
Building Size (RSF): 4,945 SF
Gross Building Area: See Agent
Sale Price: $695,000
Unit Price: $231,666.67 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Courtyards at City Docks
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/27/2022

Overview / Comments

Investment Opportunity. All 3 units sold as one portfolio. Will not divide.
Unit 3 is 3BR, 2.5BA, 1,732 sf. Unit 4 is 2BR, 2.5BA, 1,481 st Unit 5 is 3BR/ 2.5BA, 1,732 sf. This planned unit development will be home to Chevron and MSET (Incubator). In addition to the expected rental income and the new owner may be eligible for City investment tax incentives approved for this project and the Central Business District Residential Tax Exemption. Available also is 10,000 sq ft ready to be built either by the developers, Riverfront, LLC or yourself. (see map attachment)

Additional Details

Nearest MSA: Gulfport-Biloxi
County: Jackson
Taxing Authority: Jackson County
Tax ID/APN: 41905510.000
Zoning: R-2
Total Number of Buildings: 3
Year Built: 2021
Parking Description: A very large garage (4 cars stacked), room for a golf cart or kayak, plus cars
Zoning Description: R-2
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,415 26,843 43,944
Median Age: 41.51 38.22 37.59
Households: 614 10,237 16,757


Photograph of Listing Agent

Carrie Cole

Coldwell Banker Commercial Alfonso Realty Gulfport, MS 39503
LACDB Member
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