Tiny Home Apartments

Highlights:

• Tiny Home Construction Completed 2024
• Operationally Turn-Key
• Meticulously & Professionally Managed
• High Growth Area With Strong Demand And Ability To Scale
• Tiny Home Construction Completed 2024
• City Utilities

Description:

Tiny Home Apartment Rentals is a 101-unit, park-owned community situated on 25.2 acres just off Interstate 59 at Exit 1 in one of Mississippi’s fastest-growing counties. Strategically positioned in a renter-dense area, this cash-flowing asset is currently 87% occupied with strong leasing momentum—offering stable returns in the long-term rental market and upside potential through short-term rentals that capture both workforce housing demand and year-over-year growing attendance at numerous annual tourism events

Property & Operational Highlights

101 units: 70 Tiny Homes, 7 Apartments, 12 Duplexes (24 doors total)

All homes park-owned and built within the last 4 years — low maintenance costs

Fully cashless rent collection: 80% auto-draft, 20% money order

Tenant-paid utilities (electric individually metered; water master metered)

Current occupancy: 87%

Connected to city utilities and located outside the flood zone

On-site office with room for future expansion

Income & Performance

Gross Potential Rental Income: $100,600/month

Additional laundry income (with capacity to expand W/Ds)

Short-Term Rental Flexibility

5 Tiny Homes enrolled in Evolve’s short-term rental program (10% management fee)

Average Daily Rate (ADR): $78.72

Opportunity to expand short-term rental program further

Capitalize on regional tourism from:

Crusin’ The Coast (100,000+ attendees)

Peter Anderson Festival (150,000+ visitors)

Jeepin’ The Coast, Scrapin’ The Coast, and more

Less than 1 hour to New Orleans and 30 miles from MS Gulf Coast beaches

Economic Growth & Market Demand

Located in a high-growth area with strong public infrastructure investment

Supported by state and local economic development grants

Nearby Major Employers

Ochsner Medical Center

Hollywood Casino & Resort

Picayune Industrial Park

Stennis Space Center

Pearl River Community College

This offering presents a rare opportunity to acquire a stabilized, income-generating asset with built-in operational efficiencies and untapped value-add potential in a growing Gulf South market.