4100 Chicot St Pascagoula, MS 39581
Impressive 113-unit multifamily property in a growing coastal city.
Property size:
87,754 SFProperty Features for 4100 Chicot St
General Information
- Size
- 87,754 SF
Building Details
- Year built
- 1971
Source:
Svn
Listing Agent: Andrew Agee
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Investment Opportunity in Pascagoula
Located at 4100 Chicot St in Pascagoula, MS, this 87,756 SF property presents an investment opportunity. The property features 113 units with varying floor plans, suitable for Multifamily/Low-Rise/Garden investors. Situated in eastern Pascagoula, the property's central location and seven different unit types appeal to a wide range of tenants. The property is located in the Gulfport-Biloxi-Pascagoula metro area, which is experiencing growth, development, and investment. Its location is positioned to benefit from the steady income of local manufacturing and refinery jobs. Ingalls Shipbuilding, Pascagoula's largest employer with over 12,000 employees, is approximately 5 miles away. The Chevron Pascagoula Refinery, employing nearly 2,000 people, is also less than 5 miles from the property. This custom-built, B Quality class asset is located in coastal Pascagoula, Mississippi. The property is a standout market-rate multifamily asset of its vintage in Pascagoula, with potential for renovation in the coming years.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Pascagoula
- County
- Jackson
- State
- Mississippi
- Longitude
- -88.5247152
- Latitude
- 30.3754295
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Impressive 113-unit multifamily property in a growing coastal city.
Where is this apartment building located?
The property is located at 4100 Chicot St Pascagoula, MS.
What are key features of this property?
This property features: - High-growth area: Located in Pascagoula, MS, experiencing heightened growth, development, and investment.; - Strong income potential: Benefits from proximity to major employers like Ingalls Shipbuilding and Chevron Pascagoula Refinery.; - Significant investment opportunity: Offers the potential for an 18% IRR on a 5-year hold.