
PASSIVE INVESTMENT OPPORTUNITY!
Canvas Apartments
152-Unit Multifamily Investment Opportunity
Ocean Springs, Mississippi

12%
COC

152 UNITS
Class Type A

5 Year
Hold Time
Investment Highlights
Located within a high-barrier-to-entry location in the most desirable submarket along the Mississippi Gulf Coast.
Ocean Springs leads the way when it comes to median household income among communities along the Mississippi Gulf Coast.
The asset is brand-new and features a top-of-the-market physical plant. The asset is being acquired well below replacement costs (which continue to soar nationally).
Opportunity to increase rents on the second-generation leases.







Invest In This Deal
Deal Summary
Equity
$5.35 Million
5 Year Projected Average COC
18.29%
Units
152
ENHANCE RENT
Growth
Stabilized
Class Type A
Units
152
Thriving Market
Ocean Springs, MS.
Minimum Investment
$50,000
Thriving Market
Ocean Springs, MS.
Holding Period
5 Years
Ocean Springs Overview






★ offering For Accredited Investors Only ★

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Our Strategy
Markets
Providence Investments is concentrated on markets with balanced population growth, high tenant demand, key demographics, and strong leadership and employment growth, which has proven to be the winning formula in our investment strategy.
Locations
We focus on primary and secondary markets in Southeastern states, including Alabama, Georgia, Florida, and North Carolina, and in a few Northern and Midwestern states with barriers to entry. These principles have allowed Providence Investments and its partners to flourish and outperform the toughest economic market in history.
Value Add Potential
In our acquisition of properties in locations with strong economic drivers, we add even more value by honing in on acquiring multifamily investment opportunities in growing areas well below replacement cost, improving management efforts, and controlling operations to maximize value and returns.