Bayou Villa Apartments
$1,235,000
3708 Lanier Avenue, Pascagoula, MS 39581
6.52
Cap Rate
115,813
NOI
Details:
Description:
Bayou Villa is a 24 unit multifamily investment opportunity located in Pascagoula, Mississippi. The property is comprised entirely of 775 square foot two-bedroom, one-bathroom units. It's situated on approximately 1.35 acres, the two-story community offers ample on-site parking located at the rear of the property. Architectural features include durable metal mansard-style roofing and private balconies or porches on the majority of units. Constructed in 1972, Bayou Villa encompasses a total of 20,574 square feet and is strategically positioned near Pascagoula’s largest industrial employers, providing a stable renter base and consistent demand drivers.
Bayou Villa Apartments are located in the heart of Pascagoula’s residential district, offering residents convenient access to the city’s primary employment and economic drivers. The property benefits from close proximity to major employers including Ingalls Ship-building, the Chevron Refinery, and Singing River Health System, which collectively provide a deep and stable tenant base supporting long-term occupancy. Pascagoula is a key component of the Gulfport–Biloxi metropolitan area and is well insulated from economic volatility due to the region’s diversified industrial presence along the Gulf Coast. The recently reopened Amtrak “Mardi Gras Line” provides passenger rail service between Mobile, Alabama and New Orleans, Louisiana, with a stop in Pascagoula located in close proximity to the property. This renewed transit access strengthens Pascagoula’s connection to the broader Gulf Coast corridor and supports continued population and employment growth.
Bayou Villa is a 24 unit multifamily investment opportunity located in Pascagoula, Mississippi. The property is comprised entirely of 775 square foot two-bedroom, one- bathroom units. It's situated on approximately 1.35 acres, the two-story community offers ample on-site parking located at the rear of the property. Architectural features include durable metal mansard-style roofing and private balconies or porches on the majority of units. Constructed in 1972, Bayou Villa encompasses a total of 20,574 square feet and is strategically positioned near Pascagoula’s largest industrial employers, providing a stable renter base and consistent demand drivers.
Location
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