Owner prefers to sell the bundle of 12 altogether, a 7-plex, 2 duplexes, and one house all on the same street, 43rd Av. near Memorial Hospital, west Gulfport. Current rent: $6,640 with a potential for: $9,070 when fully rented at current rent of $79,680/Year less expenses of $7,123 = $72,557 NOI or 10.99% Cap Rate. 7-Plex and both duplexes are separately metered. Tenants pay for water, sewer, and electric on 7-plex and both duplexes. Owner pays for utilities on house. No Flood Zone, near Broad Av. and 15th St. which is primarily medical with new clinics in the area. Island View and Beach View Casinos, Gulfport CBD, beaches are within 3 miles away. INFO NEEDS TO BE INDEPENDENTLY VERIFIED FOR MOST CURRENT.
Listing Office:Coldwell Banker Alfonso Realty-Lorraine Rd
Interior Features
Interior:8034 Sq. Ft.
Flooring:Ceramic Tile
Water Heater:Electric
Amenities
Waterfront Features:None
Exterior Features
Roof:Shingle
Sewer:Public Sewer
Details
Details:Owner prefers to sell the bundle of 12 altogether, a 7-plex, 2 duplexes, and one house all on the same street, 43rd Av. near Memorial Hospital, west Gulfport. Current rent: $6,640 with a potential for: $9,070 when fully rented at current rent of $79,680/Year less expenses of $7,123 = $72,557 NOI or 10.99% Cap Rate. 7-Plex and both duplexes are separately metered. Tenants pay for water, sewer, and electric on 7-plex and both duplexes. Owner pays for utilities on house. No Flood Zone, near Broad Av. and 15th St. which is primarily medical with new clinics in the area. Island View and Beach View Casinos, Gulfport CBD, beaches are within 3 miles away. INFO NEEDS TO BE INDEPENDENTLY VERIFIED FOR MOST CURRENT.
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