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Renovated Apartment Portfolio
For Sale
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Pending

1200 Mill Rd, Gulfport, MS 39507

Three Mississippi communities combine completed exterior work with ongoing interior renovation programs.

Property SizeContact for details
Days on Market143

Property Features for 1200 Mill Rd

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 234
Listing Agency: SVN | AVAT Realty, LLC
Listed By: Andrew Agee · License #AL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | AVAT Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 234 apartments across three communities in Gulfport and Long Beach, Mississippi. Sugar Mill contributes 82 units built in 1971 and features ceramic tile in kitchen and living areas, LVP bedroom flooring, replaced roofs, repainted exterior stairways, and a resurfaced parking lot. Julian Manor adds 48 units constructed in 1969, with new roofs, perimeter fencing, black window shutters, updated breezeway tile and doors, exterior lighting, and stairwell painting underway.

Villas Sur La Riviere contains 120 units built in 1970. Renovation work there includes appliances, paint, flooring, kitchens, and bathrooms; 91 apartments are fully renovated, one is in progress, and 28 occupied units remain to be renovated. The properties are situated in Gulfport and Long Beach, including locations near Brickyard Bayou River and Bayou Bernard Marina.

Key Highlights

  • 234‑unit portfolio spanning three apartment communities
  • Sugar Mill includes 82 units built in 1971 with replaced roofs and a resurfaced parking lot
  • Julian Manor contains 48 units built in 1969 with new roofs and perimeter fencing

Property Analytics

Current Use

Sugar Mill Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

234
Residential units

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby

Demographics for 39507, MS

17,724
Population
9,032
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
8.2 sq mi
ZIP Area
2,161
Density / Sq Mi
$49,459
Median Household Income
$37,660
Median Earnings
$1,121
Median Rent
$220,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three Mississippi communities combine completed exterior work with ongoing interior renovation programs.
Where is this apartment building located?
The property is located at 1200 Mill Rd Gulfport, MS.
What are key features of this property?
This property features: 234‑unit portfolio spanning three apartment communities; Sugar Mill includes 82 units built in 1971 with replaced roofs and a resurfaced parking lot; Julian Manor contains 48 units built in 1969 with new roofs and perimeter fencing
More about this property
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