Renovated 14-Unit Apartment
New
For Sale
Contact for pricing
9271 Highway 613, Lucedale, MS 39452
Multifamily property with 100% occupancy, a mixed one- and two-bedroom layout, dedicated parking, and tenant-paid utilities.
Property Size12,410 SF
Lot Size4.20 Acres
Price / SF$104.75
Days on Market7
Property Features for 9271 Highway 613
General Information
Standard status
Active
Size
12,410 SF
Lot size
4.20 Acres
Property subtype
Special Purpose
Occupancy
100%
Units
Unit Mix
10 x 2BR, 4 x 1BR
Multifamily Units
14
Additional Details
Cap Rate
8.69%
Utilities to Site
Yes
Amenities
dedicated parking
Building Details
Year Built
1973
Year Renovated
2022
Listing Agency:
Better Homes and Gardens Real Estate Traditions
(601) 508-5322
Listed By:
Janie Grice · License #MS
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 2:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Traditions
Investment Insights
Based on property information with market context.
The property contains 14 apartment units within a 12,410 SF complex on approximately 4.2 acres. Originally built in 1973, the improvements were renovated in 2022 and include 10 two-bedroom apartments and 4 one-bedroom apartments. Each unit has dedicated parking, while tenants pay all utilities.
Located along Highway 613 in Southeast George County, the property has public water service and fiber internet. Reported occupancy is 100%, and the property carries an 8.69% cap rate.
Located along Highway 613 in Southeast George County, the property has public water service and fiber internet. Reported occupancy is 100%, and the property carries an 8.69% cap rate.
Key Highlights
- 14 total apartment units: 10 two‑bedroom and 4 one‑bedroom units
- Renovated in 2022; original construction dates to 1973
- 12,410 SF apartment complex on approximately 4.2 acres
Property Analytics
Current Use
Lease Details
14
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 39452, MS
28,668
Population
12,267
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
89%
High-School Grad
535.2 sq mi
ZIP Area
54
Density / Sq Mi
$57,300
Median Household Income
$41,831
Median Earnings
$867
Median Rent
$166,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with 100% occupancy, a mixed one- and two-bedroom layout, dedicated parking, and tenant-paid utilities.
Where is this apartment building located?
The property is located at 9271 Highway 613 Lucedale, MS.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 14 total apartment units: 10 two‑bedroom and 4 one‑bedroom units; Renovated in 2022; original construction dates to 1973; 12,410 SF apartment complex on approximately 4.2 acres
