15269 Highway 613, Lucedale, MS 39452
sale
$2,600,000
|
Apartment
Courtesy Of Better Homes and Gardens Real Estate Traditions
Great Investment Opportunity! The Retreat at Midtown is a fully remodeled apartment complex with 100% tenant occupancy, offering immediate income potential and a 7.49% cap rate. Renovated in 2025 down to the stud walls, this property features 24 total units on approximately 2 acres, including 16 two-bedroom apartments renting for $950/month and 8 one-bedroom apartments renting for $850/month. Additional income is generated by the on-site laundry mat. Tenants pay all utilities, and each unit has dedicated parking. Conveniently located within the City Limits of Lucedale with city water and sewer, and just minutes from shopping, hospitals, and downtown Lucedale.
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Property Features
- Age: 31-40 Years Old
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floors: 2
- Legal Description: 2 acres (see attached survey)
- MLSID: 4157778
- Parking Spaces: 24
- Roof Type: Asphalt
- Rooms: Bedroom 21
- Rooms: Bedroom 20
- Rooms: Bedroom 25
- Rooms: Bedroom 24
- Rooms: Bedroom 23
- Rooms: Bedroom 22
- Rooms: Bedroom 29
- Rooms: Bedroom 28
- Rooms: Bedroom 27
- Rooms: Bedroom 26
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bathroom 14
- Rooms: Bedroom 7
- Rooms: Bathroom 13
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bathroom 16
- Rooms: Bathroom 15
- Rooms: Bedroom 4
- Rooms: Bathroom 10
- Rooms: Bedroom 9
- Rooms: Bathroom 12
- Rooms: Bathroom 11
- Rooms: Bedroom 8
- Rooms: Bathroom 18
- Rooms: Bathroom 17
- Rooms: Bathroom 19
- 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 24
- Rooms: Bathroom 21
- Rooms: Bathroom 20
- Rooms: Bathroom 23
- Rooms: Bathroom 22
- Rooms: Bathroom 1
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bedroom 40
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bedroom 32
- Rooms: Bedroom 31
- Rooms: Bedroom 30
- Rooms: Bedroom 36
- Rooms: Bedroom 35
- Rooms: Bedroom 34
- Rooms: Bedroom 33
- Rooms: Bedroom 39
- Rooms: Bedroom 38
- Rooms: Bedroom 37
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