Hartford Commons Apartments | 3201 Eden St
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Hartford Commons Apartments 3201 Eden St
214 Unit Apartment Building For Sale Pascagoula, MS 39581
Investment Highlights
- 88.32% portfolio occupancy provides an income-stable investment with the opportunity to lease the 25 vacant units and increase rents.
- Situated ±0.6 miles south of the retail corridor with Lowe's, Dollar Tree, Office Depot, Citi Trends, Big Lots, and Walmart.
- Located ±0.6 miles south of US-90, the area’s major expressway, around 1 mile to local high school, hospital, and elementary School.
- Located within five miles of major employers such as Ingalls Shipbuilding, Chevron, Halter Marine, Rolls Royce, and Lockheed Martin.
Executive Summary
Friedman Real Estate presents the sale of Eden Manor, Williamsburg Square, and Hartford Commons, a portfolio of ±214-unit apartment buildings located in Pascagoula, Mississippi, approximately 39 miles south of Mobile, Alabama. The subject is currently 88.32% occupied with a unit mix that includes 8 studio, 52 one-bedroom, 132 two-bedroom, and 22 three-bedroom units. Vacancy units include 5 one-bedroom, 17 two-bedroom, and 3 three-bedroom. Additional on-site amenities include laundry facilities, courtyard, and BBQ area.
Property Facts
| Sale Type | Investment | Lot Size | 4.99 AC |
| No. Units | 214 | Building Size | 107,822 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 214 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.99 AC |
| Building Size | 107,822 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1965 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Grill
- Dining Room
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Grill
- Laundry Service
- Maintenance on site
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 460 |
| 1+1 | 40 | - | 600 |
| 1+2 | 34 | - | 640 - 960 |
| 2+1 | 63 | - | 775 - 850 |
| 2+1.5 | 41 | - | 1,050 |
| 2+2 | 4 | - | 1,392 |
| 3+1.5 | 21 | - | 1,224 |
| 3+3 | 3 | - | 1,660 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $339,664 | |
| Land Assessment | $29,416 | Total Assessment | $369,080 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$29,416
Improvements Assessment
$339,664
Total Assessment
$369,080
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Power Broker
Richard Deptula
-
Power Broker
Peter Jankowski
-
Power Broker
Brian Brockman
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Hartford Commons Apartments | 3201 Eden St
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