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8701 Old Spanish TrailOcean Springs, MS 39564
Palmetto Place
Asset ClassMultifamily
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Overview

Palmetto Place is a newly completed apartment complex located in Ocean Springs, MS. The development features 34 two-bedroom, two-bathroom units. The property offers ample parking with parking lot lighting and is just minutes from the Gulf Coast’s recreational spots. It is located across the street from Ocean Springs Middle School and one mile from Ocean Springs High School.

 

The financial model in the offering memorandum assumes stabilization (95% occupancy) as of closing. The seller would consider discounting the price if the buyer preferred to complete the remaining lease-up. As of May 7, 2025, the property is approximately 80% leased.

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8701 Old Spanish TrailOcean Springs, MS 39564
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Listing provided by Revere CRE