Mississippi Homes Area Information
Many of you have already heard about the newest home investment opportunity, the Mississippi Gulf Coast. Our newest offering provides positive cash flow and a total out-of-pocket investment of LESS THAN 10%!
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Mississippi Homes For Sale
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| Details: This Mississippi preconstruction opportunity is only available through PreconstructionPrograms.com. We have designed and negotiated the best possible investment package for our investors. Each of our builders' homes includes a warranty and are constructed to the highest standards exceeding Miami/Dade County’s newest Hurricane codes saving you approximately $1,000 per year off your property insurance. | |
Mississippi Real Estate Documents & Articles
- Go Zone Presentation
- Go Zone Small Rental Assistance
- Go Zone Summary Information
- Mississippi Homes Info Package
- Bonus Depreciation Example
- Orchid Opportunity Sheet Price
- Iris Duplex Opportunity Sheet Price
- Jasmine Opportunity Sheet Price
- Magnolia Opportunity Sheet Price
- Magnolia Opportunity Sheet Price
- MS Analysis From NAR
- MS Guidebook - Small Rental Assistance
- Floorplan & Model Information
- Another Record For Coast Casinos
- Casinos Winners In Wake of Hurricane Katrina
- Employment Boom In Mississippi
- Governer Announces 112 Million For SRAP
- Gulf Coast Revival
- Henderson Point
- Real Estate Markets Announced
- FEMA Trailers Toxic, Tests Show
Mississippi Homes For Sale Mississippi Home Model Listing:
Iris Model A
2,244 Sq. Ft.
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Iris Model B
2,244 Sq. Ft.
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Orchid Model A
1,141 Sq. Ft.
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Orchid Model B
1,141 Sq. Ft.
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Jasmine Model A
1,457 Sq. Ft.
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Jasmine Model B
1,457 Sq. Ft.
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Magnolia Model A
1,485 Sq. Ft.
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Magnolia Model B
1,485 Sq. Ft.
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Mississippi Gulf Coast “GO Zone” – It’s Not Just Casinos!
Many of you have already heard about the newest home investment opportunity, the Mississippi Gulf Coast. Our newest offering provides positive cash flow and a total out-of-pocket investment of less than 10%! In addition, by building in the Mississippi Gulf Coast, you will be provided with tax advantages such as an accelerated 50% depreciation in the first year! In addition, we are providing you with the information below to better understand the Mississippi Gulf Coast market.
Industry experts and local officials believe that Katrina is only one of the factors that should lead to an excellent real estate opportunity in Mississippi for years to come. Other factors are the continuing expansion of the Casinos, jobs created by the expanding defense industry and the migration of baby boomers to lower cost warm weather spots near the Gulf. Most experts agree that the real estate boom has only started and may run for the next 3 to 5 years. As an added incentive to investors, the State of Mississippi is offering significant “GO Zone” tax incentives to invest in the areas that were most impacted. The combination of a high growth area, with the opportunity for appreciation and added “Go Zone” tax incentives, make investing in Mississippi an attractive alternative for real estate investors. According to the OFHEO.gov House Price Index report of Quarter 1, 2007, Biloxi-Gulfport was the sixth greatest appreciating market in the country for year over year appreciation, appreciating at 15.16%. Please click on the link below.
Mississippi Gulf Coast Economic Future Looks Extremely Bright
The Mississippi Gulf Coast “Go Zone” story has been dominated by the massive influx of the Gaming and Hospitality industry. But that is only part of the story. South Mississippi's aerospace infrastructure includes federal and university research units that focus on propulsion, remote sensing, visualization and scientific computing. It also has aerospace parks, military aviation bases, technology transfer offices and test ranges.
Let’s take a look at the short list of companies in the “Go Zone” that populate the Mississippi Gulf Coast Aerospace Corridor; BAE Systems, Pratt & Whitney Rocketdyne Rocket Engine Assembly Facility, Applied Technologies, General Dynamics, ITT Industries Inc., Lockheed Martin, Northrop Grumman, Pratt & Whitney, Rolls-Royce Naval Marine Inc.
South Mississippi has leading-edge research and practical experience with composites that go into aircraft; it has the plants that use composites to make fixed-wing and rotary unmanned aircraft; it builds the next generation of warships that will launch robot aircraft; it has a weapons maker working with lasers; it has the satellite makers whose high-flying craft and remote sensors are key to command and control as well as surveillance; it has the companies that build the engines that power aircraft and spacecraft; it has the engine testing facilities.
As one Defense Company executive said: "I think you're finding our future is really coming together here in quite an unusual way."
With a high quality of life and low cost of doing business, the Mississippi Gulf Coast has been a contender for some of the most high-profile projects in the aerospace industry. And it's now even more appealing, thanks to the availability of major “Go Zone” incentives designed to help companies that want to invest in the future of Mississippi and the Gulf Coast region.
NASA’s Stennis Space Center is a significant source of employment and income in the local area. It is estimated that Stennis, considering both direct and indirect effects, accounts for more than 19,500 jobs in the area.
Just down the road 30 minutes and you will find Keesler Air Force Base. Keesler AFB is the leading training center in high tech surveillance. Keesler currently employs 11,200 people, including nearly 7,600 military positions. In addition, the base's presence created more than 3,500 local and contract jobs. As one of the Air Force's major training centers, on any given day more than 3,500 students train at Keesler in more than 460 courses in technical subjects such as communication-electronics, medical, personnel, airfield management, weather forecasting and air traffic control. Please click on the link below.
Keesler Air Force Base May Become the Front in the Battle Against Cyberterrorism!
Keesler Medical Center, the second largest Air Force medical center, has made great strides in rebounding from the damage inflicted by Hurricane Katrina. The facility is rapidly returning to its pre-Katrina status, both from the standpoint of the physical rebuilding as well as service levels. In early 2006, the 81st MDG provides medical care with a staff of more than 700 people, less than one-third of the more than 2,220 assigned Aug. 28, 2005. By the time the graduate medical education programs returned in July 2007, the staff increased to more than 1,770.
Air Force, Air Education and Training Command officials have allocated more than $138 million to pay for repairs to the medical center and replace Katrina losses with new state-of-the-art equipment.
In addition to the Aerospace Corridor there is also high tech marine manufacturing. Located in Pascagoula, Mississippi, and in continuous operation since 1938, Ingalls is Mississippi's largest private employer, with more than 10,000 employees. Ingalls is located on the Pascagoula River at the Mississippi Sound, strategically positioned for easy access to the deep waters of the Gulf of Mexico, via a totally unobstructed 350-foot-wide by 40-foot-deep, 12-mile channel -- with no air draft restrictions. The shipyard is also easily accessed by the nation's interstate highway system, and by rail.
“In an appeal to business and government leaders in Jackson County, Northrop Grumman Ship Systems President Philip Teel said the Ingalls shipyard needs workers to keep up with the $9 billion backlog of Navy ships it has slated. At the highest levels of government there are questions of whether we will be able to get that work done in the time frame they need it to be done,” Teel told members of the Jackson County Area Chamber of Commerce at its annual membership meeting in Moss Point Tuesday. Teel said the Ingalls yard is short 400 craftspeople and 250 salaried positions. He blamed housing and insurance as two big problems. He said the yard has a three-year plan to solve the work force problem.
As you can see, while the Casino industry is adding 10’s of thousands of good paying jobs to the area it is not the only industry that is thriving along the Gulf Coast of Mississippi. In addition to the growth noted above, the infrastructure business and general service industry is booming.
Two years after Katrina there is still a major affordable work force housing shortage. Do you think this might be a great opportunity for an investor like you? We truly feel that this market that it is about to explode. From single family homes in Waveland being lovingly rebuilt by church volunteers, to north county subdivisions where dozens of houses will soon rise, to Bayside Park, “People are really starting to pick up the pace,” says Mickey Lagasse, the county’s chief building official. “I think we’re going to see a huge boom in construction in the next few years.”
The developer has acquired control of 1,500 platted and zoned lots in Bayside Park, a pre-platted area next to Bay St. Louis. Furthermore, the developer has long been building Hurricane resistant homes, built to withstand 140 mph winds and now brings their expertise to South Mississippi. One key feature and benefit of the developer is that they are being built to the Miami/Dade construction code that was first put in place after Andrew and updated in 2002. The homes are designed to a strict code that will benefit investors with dramatically lower insurance rates. Where others have been building homes in the $250,000 plus range north of I-10, our developer is offering investors homes starting in the mid $120s to meet the overwhelming demand for affordable workforce housing.
This area is experiencing double digit appreciation and offers the investor a great opportunity for ROI. Home values are appreciating in this area fast as well. According to the OFHEO.gov House Price Index report of Quarter 1, 2007, Biloxi-Gulfport was the sixth greatest appreciating market in the country for year over year appreciation, appreciating 15.16%. Last quarter alone, Biloxi-Gulfport appreciated 4.77%.
Lots in Bayside Park that were $1,500 6 months ago are now listed at $15,000. With all investment opportunities timing is everything. The same is true here. We feel that this is a great investment opportunity for those that get involved at this stage.
Don’t overlook the fact that Rental Property owners can qualify for the ”GO Zone Investor incentives” including the 50% accelerated depreciation against passive income incentive that translates into a substantial tax windfall. This investor incentive can be carried back 5 years and forward 20.
8 Reasons why this is a great opportunity
- Yes…the homes are priced to meet the high demand for affordable housing
- Yes…the units offer a strong possibility for positive cash flow
- Yes…there is a strong rental demand
- Yes…the investment offers instant equity
- Yes…there is a super high demand for affordable housing
- Yes…there is high appreciation
- Yes…there are special “GO Zone” Tax incentives
- Yes…this is a turn-key wholesale opportunity
Sources: www.ssc.nasa.gov, www.keesler.af.mil, www.mscoastaerospace.com, www.ss.northropgrumman.com/company/ingalls.html, www.boeing.com, MSNBC: Housing Boom
Note: Consult a Qualified CPA or Financial advisor concerning “Go Zone” Tax incentives and how you can take advantage of the incentives. Cash flow estimates are based on certain factors and may be more or less than put forth in this example. The developer reserves the right to discontinue this or any offer at any time.
Prices subject to change without notice.
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