3680 Sangani Blvd • D'Iberville, MS 39532

Year Purchased: 2022
Purchase Amount: $8,000,000.00
Equity: $3,925,000.00

Lakeview Village was purchased in August 2022 and is a 35,291 square foot multi-tenant neighborhood shopping center located in D’Iberville, MS (part of the Gulfport-Biloxi MSA). Built in 2003, the property boasts a strong group of e-commerce-resistant tenants, including Vintage Wine, Ichiro Hibachi, Rent-A-Center and others. With a diverse tenant base and a desirable, high-traffic location, Lakeview Village was 96% occupied at closing, and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.