About This Home

This 24-bedroom, 14-bathroom commercial at 9271 Highway 613 in Lucedale, MS is listed for $1,300,000 ($105 per sqft). Built in 1973, the home offers 12,410 sqft of living space on a 4.20 acres lot.

Key Features

  • Built in 1973
  • 4.20 acre lot
  • 2 stories

Property Details

2 stories
14 full
1973

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

9271 Highway 613

Lucedale, MS 39452

Property Details

Flooring

CarpetVinyl

Heating

Central

Cooling

Central Air

Questions & Answers

This 24-bedroom, 14-bathroom commercial at 9271 Highway 613 is listed at $1,300,000 ($105/sqft). The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 4.20 acre lot, 2 stories.

This property is listed by Janie L Grice.

JG

Janie L Grice

License S49561

Agent at Better Homes and Gardens Real Estate Traditions

Listed by Better Homes and Gardens Real Estate Traditions · Broker phone: (601) 466-5201 · Broker website

MLS# 4157886· Source: MLS United· 86 days on PropertySimple

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

9271 Highway 613, Lucedale, MS 39452

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