9271 Highway 613, Lucedale, MS 39452
sale
$1,300,000
|
Apartment
Courtesy Of Better Homes and Gardens Real Estate Traditions
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.
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Property Features
- Age: Over 50 Years Old
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floors: 2
- Legal Description: 4.2 acres (see attached plat)
- MLSID: 4157886
- Roof Type: Metal
- Rooms: Bedroom 21
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bedroom 20
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bedroom 24
- Rooms: Bathroom 5
- Rooms: Bedroom 23
- Rooms: Bathroom 2
- Rooms: Bedroom 22
- Rooms: Bathroom 3
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bathroom 14
- Rooms: Bedroom 6
- Rooms: Bathroom 13
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bathroom 10
- Rooms: Bedroom 9
- Rooms: Bathroom 12
- Rooms: Bathroom 11
- Rooms: Bedroom 8
- Rooms: Bedroom 10
- Rooms: Bedroom 14
- Rooms: Bedroom 13
- Rooms: Bedroom 12
- Rooms: Bedroom 11
- Rooms: Bedroom 18
- Rooms: Bedroom 17
- Rooms: Bedroom 16
- Rooms: Bedroom 15
- Rooms: Bedroom 19
- Rooms: Bathroom 1
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