211-Unit Garden Apartment
New
For Sale
Contact for pricing
3624 Jody Nelson Drive, Gulfport, MS 39507
Renovated interiors include updated kitchens, stainless appliances, and new flooring across the residences.
Property SizeContact for details
Days on Market6
Property Features for 3624 Jody Nelson Drive
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
91%
Net Operating Income
$1,285,804
Additional Details
Cap Rate
7.22%
Multifamily Units
211
Building Details
Year Renovated
2025
Construction
brick garden community
Listing Agency:
Molyneaux Group
Listed By:
Doug Molyneaux, CCIM 228.273.1660 · License #MS 21811
Source:
Crexi
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 3:06PM
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 Molyneaux Group
Investment Insights
Based on property information with market context.
This 211-unit brick garden apartment community in Gulfport comprises two phases: one dating to the 1960s and another built in 1970. Interior work completed in 2025 covered all residences, with kitchens, stainless appliances, and flooring updated throughout. The property is 91% occupied and has a 7.22% cap rate.
Located at 3624 Jody Nelson Drive, the community combines the two construction phases with a comprehensive round of interior improvements completed in 2025.
Located at 3624 Jody Nelson Drive, the community combines the two construction phases with a comprehensive round of interior improvements completed in 2025.
Key Highlights
- 211 apartments in a brick garden‑style community
- All 211 residences received interior renovations in 2025
- Updated kitchens, stainless appliances, and flooring throughout
Property Analytics
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Current Use
Lease Details
211
Residential units
91%
Occupancy
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated interiors include updated kitchens, stainless appliances, and new flooring across the residences.
Where is this apartment building located?
The property is located at 3624 Jody Nelson Drive Gulfport, MS.
What is the asking price?
The asking price for this property is $17,800,000.
What are key features of this property?
This property features: 211 apartments in a brick garden‑style community; All 211 residences received interior renovations in 2025; Updated kitchens, stainless appliances, and flooring throughout
