GUYTON PLACE
922 Porter Avenue, Ocean Springs MS
Rain Residential
RainDev.com
228-875-4499
[email protected]
Guyton Place Investment Opportunity
Available For Sale: 15 Condos
Walking distance to everything Downtown Ocean Springs has to offer from night life to art
festivals. Guyton Place has a distinguished appeal with a New Orleans inspired design & many
upgrades.
Price: $1,687,500 ($112,500/unit)
Recent Sales Average: $154,166
Average rent $1100/m.
Parking $50 Additional Rent
Each condo sale includes 1 storage room.
Community features:
• Walking distance to everything Downtown Ocean Springs has to offer from night life to art
festivals
• Community pool
• Common green space and patio areas
Interior Finishes:
• Granite countertops
• Stainless appliances
• Travertine tile
• High ceilings
• French doors that open to balconies overlooking pool/downtown
• 1/2 bath off of living area
• Eat up bar in kitchen
• Garden tubs in master bath
Ocean Springs is located on the Mississippi Gulf Coast on the eastern shore of Biloxi Bay.
The town has a reputation as an arts community. Its historic and secluded downtown area, with
streets lined by live oak trees, is home to several art galleries and shops. It is also home to a
number of ethnic restaurants relatively uncommon in surrounding communities.
Ocean Springs was the hometown of the late Walter Inglis Anderson, a nationally renowned
painter and muralist. The town plays host to several festivals, including its Peter Anderson
Festival and The Herb Festival.
Rain Residential
RainDev.com
228-875-4499
[email protected]
Rain Residential
RainDev.com
228-875-4499
[email protected]
Photos
Rain Residential
RainDev.com
228-875-4499
[email protected]
Rain Residential
RainDev.com
228-875-4499
[email protected]
Rain Residential
RainDev.com
228-875-4499
[email protected]
Guyton Place
Property Owners Association Dues
Unit#
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
Total 832
907
964
850
851
832
838
1177
832
850
778
837
837
837
841
822
868
998
842
837
840
838
19,108
Allocation %
4.35%
4.75%
5.05%
4.45%
4.45%
4.35%
4.39%
6.16%
4.35%
4.45%
4.07%
4.38%
4.38%
4.38%
4.40%
4.30%
4.54%
5.22%
4.41%
4.38%
4.40%
4.39%
100.00%
Annual Dues
$
3,519.06
$
3,836.29
$
4,077.37
$
3,595.20
$
3,599.43
$
3,519.06
$
3,544.44
$
4,978.29
$
3,519.06
$
3,595.20
$
3,290.66
$
3,540.21
$
3,540.21
$
3,540.21
$
3,557.13
$
3,476.77
$
3,671.33
$
4,221.18
$
3,561.36
$
3,540.21
$
3,552.90
$
3,544.44
$
80,820.00
Monthly Dues
$
293.26
$
319.69
$
339.78
$
299.60
$
299.95
$
293.26
$
295.37
$
414.86
$
293.26
$
299.60
$
274.22
$
295.02
$
295.02
$
295.02
$
296.43
$
289.73
$
305.94
$
351.77
$
296.78
$
295.02
$
296.07
$
295.37
$
6,735.00
Commercial units
Unit#
Total SF
101
495
102
495
103
495
104
495
105
495
106
495
107
495
108
780
109
530
110
530
111
530
112
530
Total
6365
Allocation %
7.78%
7.78%
7.78%
7.78%
7.78%
7.78%
7.78%
12.25%
8.33%
8.33%
8.33%
8.33%
100%
Annual Dues
$
2,095.10
$
2,095.10
$
2,095.10
$
2,095.10
$
2,095.10
$
2,095.10
$
2,095.10
$
3,301.37
$
2,243.24
$
2,243.24
$
2,243.24
$
2,243.24
$
26,940.03
$
$
$
$
$
$
$
$
$
$
$
$
$
Rain Residential
Total SF
RainDev.com
228-875-4499
Monthly Dues
174.59
174.59
174.59
174.59
174.59
174.59
174.59
275.11
186.94
186.94
186.94
186.94
2,245.00
[email protected]
201
202
203
204
209
210
211
212
215
216
217
219
220
221
222
Total
Income
rent
$1100 $1200 $1200 $1100 $1100 $1100 $1100 $1100 $1100 $1100 $1100 $1100 $1100 $1100 $1100
90% Occ
$15030
P4
parking
$16700
$50
P6
P7
$50
$50
P11
$50
P12
$50
P14
$50
P15
$50
P5
$50
$400
$280
70%
Occ
$15310
Expense
HOA
293
320
340
300
293
300
274
295
296
290
306
297
295
296
295
4490
Taxes
200
200
200
200
200
200
200
200
200
200
200
200
200
200
200
3000
7490
0
Net
Annual
Rain Residential
RainDev.com
228-875-4499
[email protected]
$7820
$93840