4 Apartment complexes in West Gulfport near Memorial Hospital. All in one sale price, close to Central Business District of Gulfport. Parcel #'s above. The 4 and 7 plex, tenants pay water, sewer and trash. Please see attached Realist reports. Other addresses are (2) 1228 43rd Ave, French Oaks Apts, #20 units; (3) 1114-1116 43rd Ave, four plex; (4) 1226 43rd Ave, 7 plex; Total # of units = 55 units to be sold all together. Rents are being increased now. No flood zone (X). Occupancy: The 4 plex is 100% occupied. The 7 plex is 100% occupied. The 20 unit at French Oaks has 2 vacancies. The 24 unit at South Point has 2 vacancies. 4/55= a 7% vacancy for all 55 units.
Listing courtesy of Coldwell Banker Alfonso Realty-Lorraine Rd.
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