152 Units Multifamily Investment Opportunity
in Ocean Springs, MS
5 Year Targeted IRR
5 Year Average COC
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There is limited to no new multifamily development in the pipeline outside of Canvas Apartments. Ocean Springs is a community which limits multifamily development. The lack of future supply along with continued population growth will enhance rent growth over the long term.
Ocean Springs Overview
Ocean Springs, Mississippi, lies at the heart of the beautiful Mississippi Gulf Coast on the eastern shore of Biloxi Bay. It’s known as the City of Discovery in recognition of the French establishment of a settlement here in 1699. Long before the French arrived, however, the area was appreciated for its beauty and natural resources by Native Americans. The attributes that brought these early residents have attracted a diverse stream of people during the past 300 years. Ocean Springs has been flavored by many influences during its rich history, and now in the 21st century, it has a unique character that makes us happy to call it home.
Nestled along the warm waters of the Gulf of Mexico, the City of Ocean Springs is a vibrant and eclectic arts community. It is home to numerous galleries, artist studios, and over 100 restaurants, and recently opened its first micro-brewery. With relatively affordable housing (the median home value is just over $204,000), schools that are among the best in the State of Mississippi, premier healthcare facilities, and unique beauty found all over town, it is easy to understand why 17,000 people are proud to call Ocean Springs home!
★ offering For Accredited Investors Only ★
With a growing footprint across the Southeast, we focus on a 5-10 mile range from large employment centers and school systems, within the path of progress.
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