MISSISSIPPI GULF COAST - This is America’s new hot housing area...here’s why. "Housing is our number one issue, no doubt about it, particularly if you consider there are going to be 30,000 casino employees by 2010. Every casino job creates 1.5 ancillary jobs. We need 70,000 housing units just to get to square one. The truth of the matter is we're going to need 100,000-plus housing units.“ Ricky Mathews, Vice Chairman Governor's Commission on Recovery, Rebuilding and Renewal.
"Our population is 90 percent what it was before Katrina," Mathews said. "People are still living with family members, two, three families together. That is a significant statement. People have stayed through some unbelievably difficult conditions. They love this place. There is a resiliency in the spirit of the people of South Mississippi. They have endured.”
Industry experts and local officials believe that Katrina is only one of the factors that should lead to an excellent real estate opportunity in the 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.
Here is your opportunity to cash in on the “GO Zone” Gulfstream has invested tens of thousands of dollars in market research finding the next hot U.S. Real Estate market. After all of their travels and market studies they have identified a truly rare opportunity.
Without question Gulfstream Development Group is offering one of the best wholesale Real Estate investment opportunities in the United States. The Bayside Park Project is addressing the super high demand for affordable workforce housing along the Gulf Coast of Mississippi. This is a rare opportunity and is suitable for first time investors as well as seasoned Real Estate investors. With land prices sky-rocketing around the new casino district Gulfstream started looking “outside of the box” That is how they found Bayside Park.
Gulfstream Development Group, LLC has acquired over 1000 platted and zoned R-1 “high and dry” lots in Bayside Park. Bayside Park is located just south of I-10 and US-90 and is a 30-45 minute drive from the booming Gulfport/Biloxi Casino area, Keesler Air Force Base, NASA Stennis Space Center and a 30-45 minute drive from New Orleans.
This property is located inside the Gulf Opportunity Zone (The GO Zone) which offers investors incentives for building and operating rental properties. You will need to consult your CPA for a discussion of how you structure Real Estate investment strategy and how you can take advantage of the unbelievable incentives.
Source: NARREIA.com