204 Courthouse Road Active

Gulfport,MS 39507

$ 635000

- Bed

5 Baths

5387 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,387 sqft

Price per Sqft $117

Subdivision Metes And Bounds

MLS Listing ID 4113949

Half Baths 5

Year Built 1990

Annual Tax Amount $6,422

Lot Size 0.370 Acres

Property Sub-Type Other

Property Description

EXCELLENT OPPORTUNITY!! CAP RATE IS 8.1 Fully occupied AND very well maintained 5 tenant Strip Center in an upscale area on Courthouse Road near the beach. Very good cash flow . Leases in place through mid to end of 2027 Very popular location, suites stay 100% rented. Not in a flood zone
Rents total $5700/month
Tenants pay all utilities, and CAM
Owner pays taxes and insurance ($9198) On attached survey 204 Courthouse is Parcel A

Location

State MS

County Harrison

Interior

Heating Central,Electric

Exterior

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Building

Lot Description Corner Lot,Near Beach

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

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