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    OFF-MARKET
    Commercial real estate

    400 Klondyke Rd, Long Beach, MS 39560

    Built 1972
    Property ID
    US50-0290942
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents an eight-unit multi-family property situated on a substantial three-acre lot in Long Beach, Mississippi. The property, located at 400 Klondyke Road, zip code 39560, comprises two buildings, each featuring four two-bedroom, one-bathroom apartments. The total square footage of the buildings is 3673 square feet. Constructed in 1972, this property offers significant income potential with its existing eight units. The expansive three-acre lot presents a unique opportunity for future expansion, allowing for the construction of additional buildings to further increase revenue streams. This is an ideal investment for those seeking a strong return on investment in a growing Mississippi coastal market. The asking price for this remarkable property is $699,000. The property's location in Long Beach offers convenient access to local amenities and attractions. This is a rare chance to acquire a substantial multi-family property with significant upside potential. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1972
    UPID US50-0290942
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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