2403 Eden Street

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

2403 Eden Street

Pascagoula, MS 39581
Asking Price
$4.94M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building containing 52 residential units
  • Strategically located within a designated Opportunity Zone
  • Priced at an asking rate of 4,940,000 dollars
  • Proximity to major industrial employers Chevron and Ingalls
  • Positioned in the growing market of Pascagoula, Mississippi

What's Special

Investors seeking to expand their portfolio will find this 52-unit multifamily apartment building a functional asset in the Pascagoula market. Situated at 2403 Eden Street, the property is positioned within an Opportunity Zone, providing specific tax advantages for long-term holders. The site benefits from its proximity to major industrial employers in the region, including Chevron and Ingalls Shipbuilding, which serve as primary economic drivers for the local workforce. This multifamily investment opportunity offers significant potential for steady rental income given the consistent demand for housing in this coastal industrial hub. The property is well-suited for professional management teams looking to stabilize operations and capitalize on the established residential character of the surrounding Pascagoula neighborhood. Its location provides efficient access to the wider Mississippi Gulf Coast economy, supporting sustained occupancy levels for diverse tenant profiles.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
1.62%
DSCR
0.27
Underwater
Cash-on-Cash
-14.39%
Monthly Payment
$24,440.425
Annual Cash Flow
$-213,285.096

Location & Travel Times