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Property profile & analytics
OFF-MARKET
Specialty properties

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 Specialty properties
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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