The Grove & The Preserve (Feb 2023)

About The Grove & The Preserve (Feb 2023)

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the The Grove (244 units) and The Preserve (240 units) located in the Gulfport-Biloxi, MS MSA. The Grove is favorably located less than a mile from the scenic beachfront U.S. Route 90 and the nearby Edgewater Mall. The Preserve is situated less than a mile north further inland from The Grove and is directly across the street from a MS Gulf Coast academic institute. The two regional employment centers, Biloxi and Gulfport, have a combined impact of over 59K jobs and are conveniently less than 10 miles away from the assets. Built in 1995 & 2000, the portfolio represents an outstanding opportunity to invest in proven value add assets with significant upside ($1,075,000+), extremely attractive existing debt and strategically desirable locations.