PASSIVE INVESTMENT OPPORTUNITY!
152 Units Multifamily Investment Opportunity
Ocean Springs, MS
Class Type A
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There is limited to no new multifamily development in the pipeline outside of Canvas Apartments. Ocean Springs is a community which limits multifamily development. The lack of future supply along with continued demand will enhance rent growth over the long term.
Ocean Springs Overview
Ocean Springs, Mississippi, lies at the heart of the beautiful Mississippi Gulf Coast on the eastern shore of Biloxi Bay. It’s known as the City of Discovery in recognition of the French establishment of a settlement here in 1699. Long before the French arrived, however, the area was appreciated for its beauty and natural resources by Native Americans. The attributes that brought these early residents have attracted a diverse stream of people during the past 300 years. Ocean Springs has been flavored by many influences during its rich history, and now in the 21st century, it has a unique character that makes us happy to call it home.
Nestled along the warm waters of the Gulf of Mexico, the City of Ocean Springs is a vibrant and eclectic arts community. It is home to numerous galleries, artist studios, and over 100 restaurants, and recently opened its first micro-brewery. With relatively affordable housing (the median home value is just over $204,000), schools that are among the best in the State of Mississippi, premier healthcare facilities, and unique beauty found all over town, it is easy to understand why 17,000 people are proud to call Ocean Springs home!
★ offering For Accredited Investors Only ★
With a growing footprint across the Southeast, we focus on a 5-10 mile range from large employment centers and school systems, within the path of progress.
This material does not constitute and should not be construed as an Offering of advisory services or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction in which such offer or solicitation, purchase or sale would be unlawful under the securities, insurance or other laws of such jurisdiction. Responses to any inquiry which may involve rendering of personalized investment advice for compensation or effecting or attempting to effect transactions in securities will not be made absent compliance with state broker dealer, investment advisor or applicable agent or representative registration requirements, or applicable exemptions or exclusions therefrom. The term “Providence Investments” used herein refers to Providence Investments, LLC, an Alabama limited liability company, and its affiliates.
A potential investor considering an investment in this project through a vehicle sponsored by Providence Investments (the “Fund”) should read this brochure in conjunction with the Fund’s confidential private placement memorandum (the “PPM”). The PPM contains a more complete description of the Fund’s investment practices, restrictions, risks and other factors relevant to a decision to invest. All information herein is subject to and is qualified in its entirety by the PPM. Terms used but not defined herein shall have the meanings set forth in the PPM. Any potential investor should direct all inquiries regarding the Fund to a client service representative of Providence Investments or such other placement agent.
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