9271 Highway 613, Lucedale, MS 39452

New Listing
$1,300,000
Property Type: Commercial Sale Bedrooms: 24 Square Footage: 12,410 Lot Size (sq. ft.): 182,952 Status: Active
Current Price: $1,300,000 List Date: 8/02/2026 Last Modified: 8/02/2026

Overview

Description

Great Investment Opportunity! The Retreat Apartments is a fully remodeled 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.

Listing Details MLS# 4157886

General Property Information

Approx Lot Size Acres
4.2
Approx H/C SqFt
12410
SqFt Source
Public Records
List Price/SqFt
104.75
Year Built Known
Yes
Year Built
1973
Year Built Source
Public Records
Total Floors
2
Bedrooms Total
24
Bathrooms Full
14
School District
George CO Dist
Accessibility Features
No
Property Sub Type
Apartment
New Construction
No
Property Condition
Updated/Remodeled

Property Features

Business Type: Commercial; Real Estate; Rental; Other Current Use: Commercial; See Remarks Location: State Highway Levels: One; Two Seating: 11-25 Walls - Interior: Paneling; Sheetrock Flooring: Carpet; Vinyl Cooling: Central Air Heating: Central Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Septic Tank Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Metal Price Includes: Building and Land Available Documents: Plat; Profit & Loss Statement Disclosures: Agent Owned Approx Age Code: Older 25+ Years

Address and Location Information

Street Number
9271
Street Name
Highway 613
County
George
State
MS
Zip Code
39452
Parcel Number
0907-26-0-001.01
N or S of CSX Railroad Track
N

Listing Information

Property Sub Type
Apartment
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
8383.32
Tax Year
2025
Flood Insurance Required?
Subject to Survey
Leasehold Y/N
No
Legal Description
4.2 acres (see attached plat)

Commercial Features

Cap Rate
8.69

More Information

Auction

Auction
No

Showing Requirements

Showing
Appointment Required
Appointment Phone
601-508-5322

Basement Features

Basement
No

Location

State Highway
Yes

Remarks & Miscellaneous

Public Remarks
Great Investment Opportunity! The Retreat Apartments is a fully remodeled 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.

Current Use

Commercial
Yes
See Remarks
Yes

Business Type

Commercial
Yes
Real Estate
Yes
Rental
Yes
Other
Yes

Levels

One
Yes
Two
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Walls - Interior

Paneling
Yes
Sheetrock
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Seating

11-25
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Metal
Yes

Price Includes

Building and Land
Yes

Available Documents

Plat
Yes
Profit & Loss Statement
Yes

Disclosures

Agent Owned
Yes

Approx Age Code

Older 25+ Years
Yes

Uncovered Parking?

1-25 Spaces
Yes
Listing Office: Better Homes & Gardens RE Trad
Listing Agent: Janie L Grice
Source MLS Verified
Last Updated: August - 02 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.