Oak Ally, Long Beach, MS 39560

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Oak Ally is located in Long Beach, MS.

Property One, Inc. has been exclusively retained to market the remaining lots in this existing luxury townhome development. Currently, 32 units have been built and sold to individual users or investors. (and are not included in this offering). For sale are 58 additional developed ready to build on lots.
Make-up of the existing units is:
• Owner Occupied
• Long-term Occupant Rentals
• Seasonal Resort Rentals
• The mix of the existing 32 units paint an attractive opportunity because it offers a diversified mix of possibilities and exit strategies, such as: the quality of an owner user with ability to sell off individual units over time, the stability of long-term renter
that works in the area, and the upside potential with income from the resort rentals.

This opportunity to enter the project in the post development stage for below ordinary development cost, and have fully entitled lots, building plans, and a proven rental and sales history from existing units.
Long Beach is located in Harrison County, Mississippi and part of the Gulfport-Biloxi Metropolitan Statistical Area. The city currently has a population of 14,687 and an average household income of $54,023*. The city was devastated by Hurricane Katrina in August, 2005 and has been re-building its strong community since.