Exceptional investment opportunity in Biloxi, Mississippi, presents a 16-unit multifamily property ideally situated just blocks from the beach, Harrah's Casino, Golden Nugget, Hard Rock, and Palace Casino, along with numerous shopping, dining, and entertainment options. This remarkable property comprises four quadplex buildings, each boasting its own parcel, simplifying potential future subdivision and sale. Constructed in 2012, the property features 16 units, each a two-bedroom, one-bathroom apartment with a kitchen, living room, and private terrace. Convenient washer and dryer hookups are included in each unit. The property sits on a 0.7-acre lot zoned R3, offering ample yard space for residents. Currently operating at 100% occupancy as of January 12, 2023, this property presents a strong cash flow potential. The asking price is $1,100,000. The property is being sold "as is," and the address is 265 Crawford Street, Biloxi, MS 39530. The property's convenient location and high occupancy rate make it an attractive investment opportunity. Each building is two stories high. The property's APN is 1410h-06-011.000. Directions: Take I-110 South, then exit 1D for Bayview Ave. Keep left, continuing to Bayview Ave E (becoming Backbay Blvd.), then turn right onto Crawford Street.
Highlights
$1,100,000 asking price for a 16-unit multifamily property.
Located at 265 Crawford Street, Biloxi, MS 39530.
Property consists of four 2-story quadplex buildings, totaling 16 units.
Each unit features two bedrooms, one bathroom, kitchen, living room, and a terrace.
100% occupancy as of January 12, 2023.
Built in 2012, situated on a 0.7-acre lot with R3 zoning.
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Uyen Nguyen
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265 Crawford St, Biloxi, Mississippi, 39530
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265 Crawford St
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