9271 Highway 613, Lucedale, MS 39452
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9271 Highway 613, Lucedale, MS 39452
9271 Highway 613, Lucedale, MS 39452
9271 Highway 613, Lucedale, MS 39452
9271 Highway 613, Lucedale, MS 39452
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$ 1,300,000
Est. payment /mo
Active

9271 Highway 613 Lucedale, MS 39452

24 Beds

14 Baths

12,410 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 12,410 sqft

Price per Sqft $104

MLS Listing ID 4157886

Bedrooms 24

Full Baths 14

Year Built 1973

Annual Tax Amount $8,383

Lot Size 4.200 Acres

Acres 4.2

Property Sub-Type Apartment

Source MLS United

Property Description

Great Investment Opportunity! The Retreat Apartments is an updated apartment complex with 100% tenant occupancy, offering immediate income potential and an 8.69% cap rate. Renovated in 2022, this property features 14 total units on approximately 4.2 acres, including 10 two-bedroom apartments renting for $950/month and 4 one-bedroom apartments renting for $850/month. Tenants pay all utilities, and each unit has dedicated parking. Conveniently located in Southeast George County with public water and fiber internet, this turnkey investment is ready to generate strong cash flow from day one.

Location

State MS

County George

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Building

Foundation Slab

Sewer Septic Tank

Water Public

Level or Stories One, Two

New Construction No


MLS United(Mississippi)
Listed by Better Homes & Gardens RE Trad

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9271 Highway 613