400 Klondyke Rd, Long Beach, MS 39560
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.