The Lodge, an attractive 209-unit apartment community, sits on 9.5 ac of land located along Eden St near Hwy 90 in Pascagoula, MS. Built in 1973, this property was re-developed in 2010 to include granite countertops, all black appliances, lighting, new plumbing and completely new HVAC systems.
|Property Use||Business for Sale|
|Style||Multi-Family (Over 20 Units)|
|Lot Size||9.5 AC|
|Available Date||Oct 4th, 2019|
The Lodge offers an outstanding opportunity to invest in a centrally located and renovated property in a market experiencing a robust economy fueled by the unique "Blue Economy". The Gulfport-Biloxi-Pascagoula (GBP) combined statistical area is the second-largest metro in MS. Pascagoula is home to two of the largest employers, Ingall's Shipbuilding and Chevron Refinery. Presently government and military contracts are setting all-time high records for shipbuilding and the supporting industries in Jackson County.
This community presents an excellent opportunity for the investor to benefit from an economically diverse city with several areas of employment including manufacturing, health care, retail trade, education, accommodation and food services, and construction. A significant lack of past and upcoming construction in Pascagoula will keep vacancy levels low and spur further rent growth.Area Description
Directions: From the East, Hwy 90 to Hospital Rd, right on Hospital Rd, 500' left onto Melton Drive, 0.2 mi, right onto Eden St, 0.6 mi, see apts on left.
|Age:||41-50 Years Old|
|Lot Size:||5-10 Acres|