Business HoursMon-Fri: 9PM-5PM | Sat: 9AM-1PM
Offices418 HWY 90 Waveland, MS 39576
$775,000
Biloxi, MS 39531
MLS# 4024057
Status: Closed
60 beds | 34262 sqft
1 / 22
Property Description
**All offers to be received by Noon Thursday, July 28.** INVESTOR'S DREAM! This Fixer-Upper Courtyard-style Apartment complex of 44 units has incredible potential and awaits its new owner's vision! The design/layout would perfectly lend itself to a New Orleans style courtyard setting. 28 - 1 br/1 ba units and 16 - 2 br/1.5 ba units. Swimming pool is in the middle of the courtyard with Cabana for residents to entertain & hang out. Complex offers on-site laundry facilities with 6 washers & 6 dryers. Sits just a block from the beach, but in an X Flood Zone. Convenient to the beach, shopping, restaurants, entertainment, casinos, Keesler AFB and the VA.
Details
Maps
Address and Location Information
Parcel Number: 1210k-02-027.000
Directions to Property: From Hwy 90, turn onto Camellia St. - Right onto Southern Ave. - Property is on the left.
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 1910
Street Name: Southern
Street Suffix: Avenue
County: Harrison
State: MS
Zip Code: 39531
Subdivision: Greater Biloxi
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2022-07-21
List Price: $1,300,000
Current Price: $775,000
General Property Information
New Construction: No
Property Condition: Fixer
# of Units Included in Sale: 44
Approx Lot Size Acres: 0.91
Lot Size Dimensions: 240x31x120x140x5x140x125x31
SqFt Source: Assessor
List Price/SqFt: 37.94
Year Built Source: Assessor
Total Floors: 2
Bathrooms Half: 16
Bathrooms Three Quarter: 0
Furnished: No
Pool: Yes
Accessibility Features: No
Approx H/C SqFt: 34262
Year Built: 1960
Bedrooms Total: 60
Bathrooms Full: 44
Tax and Financial Information
Tax Annual Amount: 16466
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOTS 9 - 12 BLK 29 REPLAT OF GREATER BILOXI SEC 35-7-10
Remarks & Miscellaneous
Public Remarks: **All offers to be received by Noon Thursday, July 28.** INVESTOR'S DREAM! This Fixer-Upper Courtyard-style Apartment complex of 44 units has incredible potential and awaits its new owner's vision! The design/layout would perfectly lend itself to a New Orleans style courtyard setting. 28 - 1 br/1 ba units and 16 - 2 br/1.5 ba units. Swimming pool is in the middle of the courtyard with Cabana for residents to entertain & hang out. Complex offers on-site laundry facilities with 6 washers & 6 dryers. Sits just a block from the beach, but in an X Flood Zone. Convenient to the beach, shopping, restaurants, entertainment, casinos, Keesler AFB and the VA.
Status Change Info
Sold Price/SqFt: 22.62
Contract Date/Pending Date: 2022-07-29
Closing Date: 2022-11-21
Structure Type
Multi Family: 1
Income & Expenses
Annual Net Income: 184778
Gross Operating Income: 945535
Total Operating Expenses: 760756
See Remarks: 1
Architectural Style
Mid-Century Modern: 1
Lot Features
City Lot: 1
Corner Lot: 1
Near Beach: 1
Rectangular Lot: 1
Additional Type Details
Apartment Complex: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
See Remarks: 1
Showing Requirements
Showing: Appointment Required
Lockbox Location: See Remarks
Interior Features
Ceiling Fan(s): 1
Open Floorplan: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Owner Pays
Exterior Maintenance: 1
Insurance: 1
Sewer: 1
Taxes: 1
Water: 1
Special Purpose Rooms
Living/Dining Combo: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Kitchen Features
Kitchen/Family Room View: 1
Bathroom Features
6 Foot Tub: 1
Ceramic Tile: 1
Shared Primary Bath: 1
Fireplace Features
None: 1
Appliances
Free-Standing Electric Range: 1
Free-Standing Refrigerator: 1
Water Heater: 1
Walls - Interior
Sheetrock: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Combination: 1
Door Features
Metal Insulated: 1
Laundry Features
Common Area: 1
Cooling
Central Air: 1
Heating
Central: 1
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Roof
Flat: 1
Rubber: 1
Exterior Features
Awning(s): 1
Balcony: 1
Courtyard: 1
Driveway Features
Paved Drive: 1
Parking Features
On Street: 1
Paved: 1
Other Structures
Cabana: 1
Gazebo: 1
Community Features
Boating: 1
Fishing: 1
Golf: 1
Marina: 1
Near Entertainment: 1
Pool: 1
Restaurant: 1
RV Parking: 1
Shopping Nearby: 1
Other: 1
Pool Features
In Ground: 1
Water Heater
40 Gallons or Less: 1
Electric: 1
Disclosures
As Is: 1
Investment: 1
Approx Age Code
Older Home 25+ Years: 1
Property Features
Structure Type: Multi Family
Additional Type Details: Apartment Complex
Architectural Style: Mid-Century Modern
Lot Features: City Lot; Corner Lot; Near Beach; Rectangular Lot
Levels: Two
Owner Pays: Exterior Maintenance; Insurance; Taxes; Water
Tenant Pays: Cable TV; Electricity; Insurance
Interior Features: Ceiling Fan(s); Open Floorplan
Special Purpose Rooms: Living/Dining Combo
Kitchen Features: Kitchen/Family Room View
Bathroom Features: 6 Foot Tub; Ceramic Tile; Shared Primary Bath
Fireplace Features: None
Appliances: Free-Standing Electric Range; Free-Standing Refrigerator; Water Heater
Walls - Interior: Sheetrock
Flooring: Carpet; Ceramic Tile; Combination
Door Features: Metal Insulated
Laundry Features: Common Area
Cooling: Central Air
Heating: Central; Electric
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Flat; Rubber
Exterior Features: Awning(s); Balcony; Courtyard
Driveway Features: Paved Drive
Parking Features: On Street; Paved
Other Structures: Cabana; Gazebo
Community Features: Boating; Fishing; Golf; Marina; Near Entertainment; Pool; Restaurant; RV Parking; Shopping Nearby; Other
Pool Features: In Ground
Waterfront Features: See Remarks
Water Heater: 40 Gallons or Less; Electric
Disclosures: As Is; Investment
Approx Age Code: Older Home 25+ Years
Listing Office: Coldwell Banker Alfonso Realty-BSL
Listing Agent: Wendy H Boyd
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$775,000
Biloxi, MS 39531
MLS# 4024057
Status: Closed
60 beds | 34262 sqft
1 / 22
Property Description
**All offers to be received by Noon Thursday, July 28.** INVESTOR'S DREAM! This Fixer-Upper Courtyard-style Apartment complex of 44 units has incredible potential and awaits its new owner's vision! The design/layout would perfectly lend itself to a New Orleans style courtyard setting. 28 - 1 br/1 ba units and 16 - 2 br/1.5 ba units. Swimming pool is in the middle of the courtyard with Cabana for residents to entertain & hang out. Complex offers on-site laundry facilities with 6 washers & 6 dryers. Sits just a block from the beach, but in an X Flood Zone. Convenient to the beach, shopping, restaurants, entertainment, casinos, Keesler AFB and the VA.
Details
Maps
Address and Location Information
Parcel Number: 1210k-02-027.000
Directions to Property: From Hwy 90, turn onto Camellia St. - Right onto Southern Ave. - Property is on the left.
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 1910
Street Name: Southern
Street Suffix: Avenue
County: Harrison
State: MS
Zip Code: 39531
Subdivision: Greater Biloxi
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2022-07-21
List Price: $1,300,000
Current Price: $775,000
General Property Information
New Construction: No
Property Condition: Fixer
# of Units Included in Sale: 44
Approx Lot Size Acres: 0.91
Lot Size Dimensions: 240x31x120x140x5x140x125x31
SqFt Source: Assessor
List Price/SqFt: 37.94
Year Built Source: Assessor
Total Floors: 2
Bathrooms Half: 16
Bathrooms Three Quarter: 0
Furnished: No
Pool: Yes
Accessibility Features: No
Approx H/C SqFt: 34262
Year Built: 1960
Bedrooms Total: 60
Bathrooms Full: 44
Tax and Financial Information
Tax Annual Amount: 16466
Tax Year: 2021
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: LOTS 9 - 12 BLK 29 REPLAT OF GREATER BILOXI SEC 35-7-10
Remarks & Miscellaneous
Public Remarks: **All offers to be received by Noon Thursday, July 28.** INVESTOR'S DREAM! This Fixer-Upper Courtyard-style Apartment complex of 44 units has incredible potential and awaits its new owner's vision! The design/layout would perfectly lend itself to a New Orleans style courtyard setting. 28 - 1 br/1 ba units and 16 - 2 br/1.5 ba units. Swimming pool is in the middle of the courtyard with Cabana for residents to entertain & hang out. Complex offers on-site laundry facilities with 6 washers & 6 dryers. Sits just a block from the beach, but in an X Flood Zone. Convenient to the beach, shopping, restaurants, entertainment, casinos, Keesler AFB and the VA.
Status Change Info
Sold Price/SqFt: 22.62
Contract Date/Pending Date: 2022-07-29
Closing Date: 2022-11-21
Structure Type
Multi Family: 1
Income & Expenses
Annual Net Income: 184778
Gross Operating Income: 945535
Total Operating Expenses: 760756
See Remarks: 1
Architectural Style
Mid-Century Modern: 1
Lot Features
City Lot: 1
Corner Lot: 1
Near Beach: 1
Rectangular Lot: 1
Additional Type Details
Apartment Complex: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Listing Terms
Cash: 1
Conventional: 1
Waterfront Features
See Remarks: 1
Showing Requirements
Showing: Appointment Required
Lockbox Location: See Remarks
Interior Features
Ceiling Fan(s): 1
Open Floorplan: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Owner Pays
Exterior Maintenance: 1
Insurance: 1
Sewer: 1
Taxes: 1
Water: 1
Special Purpose Rooms
Living/Dining Combo: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Insurance: 1
Kitchen Features
Kitchen/Family Room View: 1
Bathroom Features
6 Foot Tub: 1
Ceramic Tile: 1
Shared Primary Bath: 1
Fireplace Features
None: 1
Appliances
Free-Standing Electric Range: 1
Free-Standing Refrigerator: 1
Water Heater: 1
Walls - Interior
Sheetrock: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Combination: 1
Door Features
Metal Insulated: 1
Laundry Features
Common Area: 1
Cooling
Central Air: 1
Heating
Central: 1
Electric: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick Veneer: 1
Roof
Flat: 1
Rubber: 1
Exterior Features
Awning(s): 1
Balcony: 1
Courtyard: 1
Driveway Features
Paved Drive: 1
Parking Features
On Street: 1
Paved: 1
Other Structures
Cabana: 1
Gazebo: 1
Community Features
Boating: 1
Fishing: 1
Golf: 1
Marina: 1
Near Entertainment: 1
Pool: 1
Restaurant: 1
RV Parking: 1
Shopping Nearby: 1
Other: 1
Pool Features
In Ground: 1
Water Heater
40 Gallons or Less: 1
Electric: 1
Disclosures
As Is: 1
Investment: 1
Approx Age Code
Older Home 25+ Years: 1
Property Features
Structure Type: Multi Family
Additional Type Details: Apartment Complex
Architectural Style: Mid-Century Modern
Lot Features: City Lot; Corner Lot; Near Beach; Rectangular Lot
Levels: Two
Owner Pays: Exterior Maintenance; Insurance; Taxes; Water
Tenant Pays: Cable TV; Electricity; Insurance
Interior Features: Ceiling Fan(s); Open Floorplan
Special Purpose Rooms: Living/Dining Combo
Kitchen Features: Kitchen/Family Room View
Bathroom Features: 6 Foot Tub; Ceramic Tile; Shared Primary Bath
Fireplace Features: None
Appliances: Free-Standing Electric Range; Free-Standing Refrigerator; Water Heater
Walls - Interior: Sheetrock
Flooring: Carpet; Ceramic Tile; Combination
Door Features: Metal Insulated
Laundry Features: Common Area
Cooling: Central Air
Heating: Central; Electric
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Cash; Conventional
Roof: Flat; Rubber
Exterior Features: Awning(s); Balcony; Courtyard
Driveway Features: Paved Drive
Parking Features: On Street; Paved
Other Structures: Cabana; Gazebo
Community Features: Boating; Fishing; Golf; Marina; Near Entertainment; Pool; Restaurant; RV Parking; Shopping Nearby; Other
Pool Features: In Ground
Waterfront Features: See Remarks
Water Heater: 40 Gallons or Less; Electric
Disclosures: As Is; Investment
Approx Age Code: Older Home 25+ Years
Listing Office: Coldwell Banker Alfonso Realty-BSL
Listing Agent: Wendy H Boyd
Last Updated: November - 15 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.