Senior Living Facility With
1924 30th Avenue Gulfport, MS 39501
For Sale
Contact for pricing
Fully leased senior living facility offers 11 resident rooms and a VA-associated operating partnership.
Property Size3,896 SF
Price / SF$89.84
Days on Market39
Property Features for 1924 30th Avenue
General Information
- Standard status
- Active
- Size
- 3,896 SF
- Property subtype
- Senior Living
Building Details
- Year Built
- 1968
Listing Agency:
Coldwell Banker Commercial Alfonso Realty, Inc.
(228) 343-3583
Listed By:
Carrie Fish, CCIM · License #MS
Source:
Crexi
Added: Jun 16
Changed: Jul 21
Last Checked: Jul 21 at 2:09PM
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 Coldwell Banker Commercial Alfonso Realty, Inc.
Investment Insights
Based on property information with market context.
This income-producing senior living facility is fully leased and currently operating with an established tenant in partnership with the VA. The property has approximately 23 months remaining on the current lease, with a tenant option to renew for an additional three years.
The facility was comprehensively remodeled with completion in February 2026, including installation of a new sprinkler system. Interior accommodations include 11 resident rooms, a kitchenette, a dedicated dining room, and two resident sitting/entertainment areas. Supporting spaces include an employee lounge/office, a utility room, and a storage room.
The layout is designed to support resident care and daily living, with one full bathroom and two half bathrooms serving the facility. The property is being offered as a turnkey investment opportunity.
The facility was comprehensively remodeled with completion in February 2026, including installation of a new sprinkler system. Interior accommodations include 11 resident rooms, a kitchenette, a dedicated dining room, and two resident sitting/entertainment areas. Supporting spaces include an employee lounge/office, a utility room, and a storage room.
The layout is designed to support resident care and daily living, with one full bathroom and two half bathrooms serving the facility. The property is being offered as a turnkey investment opportunity.
Key Highlights
- Fully leased senior living facility with VA‑associated operating partnership
- Complete remodel completed February 2026, including a new sprinkler system
- 11 resident rooms plus kitchenette and dedicated dining room
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.0k | $11.04 |
| − Vacancy | −$3.4k | −$0.87 |
| EGI | $39.6k | $10.17 |
| − OpEx | −$17.8k | −$4.58 |
| NOI | $21.8k | $5.59 |
3,896 SF · lease $11.04/SF/yr · vacancy 7.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$311.3K
$272.4K – $363.1K
NOI $21,788 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$627.6K
$549.2K – $732.3K
NOI $43,935 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hca Physician Services
Medical Clinic
Dr. Joseph L. ...
Physician
TWIC Gulfport Enrollment ...
Government Office
Allstate Home Insurance
Insurance Agency
Gulfport TSA PreCheck ...
Government Office
FAQs
What type of property is this?
Senior housing / Retirement Home - Fully leased senior living facility offers 11 resident rooms and a VA-associated operating partnership.
Where is this senior housing / retirement home located?
The property is located at 1924 30th Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully leased senior living facility with VA‑associated operating partnership; Complete remodel completed February 2026, including a new sprinkler system; 11 resident rooms plus kitchenette and dedicated dining room
