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0 Beds
10,890 sqft

$330,000

1924 30th Avenue, Gulfport MS, 39501

Price per sqft$30.30
Built in1968
Property size10,890 sqft
Property typeMulti-family

Overview

Active

Listed Jun 15, 2026

Updated 3 days ago

**Investment Opportunity - Income-Producing Senior Living Facility | Gulfport, MS** Located at 1924 30th Avenue in Gulfport, Mississippi, this well-maintained commercial property presents an exceptional investment opportunity with an established tenant and immediate cash flow. Currently operating as a senior living facility in partnership with the VA, the property is fully leased with approximately twenty-three (23) months remaining on the current lease and includes a tenant option to renew for an additional three (3) years. The facility underwent a comprehensive remodel completed in February 2026, enhancing the property's functionality, appearance, and long-term value. As part of the improvements, a new sprinkler system was installed, providing added safety and compliance for the facility's operations. The property is thoughtfully designed to accommodate resident care and daily living activities, featuring eleven (11) resident rooms, one (1) full bathroom, two (2) half bathrooms, a kitchenette, dedicated dining room, and two spacious sitting/entertainment areas for residents. Additional amenities include an employee lounge/office, utility room, and storage room, providing efficient functionality for ongoing operations. This turnkey investment offers a strong 9.18% cap rate, making it an attractive addition to any investor's portfolio. The property's established use, stable tenancy, recent upgrades, and favorable lease structure provide both income stability and future growth potential. **Property Highlights:** * Asking Price: $330,000 * Income-producing commercial investment * Currently operating as a senior living facility associated with the VA * Complete remodel finished in February 2026 * New sprinkler system installed * 11 resident rooms * 1 full bathroom and 2 half bathrooms * Kitchenette and dedicated dining area * 2 resident sitting/entertainment rooms * Employee lounge/office * Utility room and storage room * Approximately 23 months remaining on current lease * Tenant option to renew for an additional 3 years * Strong 9.18% cap rate * Convenient Gulfport location Investors seeking stable cash flow and a proven tenant-operated facility will appreciate the value and income potential this property offers. With substantial recent improvements already completed, this property is positioned to deliver reliable returns with minimal immediate capital expenditure requirements.

$2,195/mo

Est. mortgage payment based on a $330,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

 

Courtesy of Carrie Fish

Based on information from DASH - Coldwell Banker (CB) as of 10/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 2:29 PM UTC, 10/16/2026

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