Search
Remodeled 14-Unit Apartment Complex
For Sale
$1,300,000

9271 Highway 613, Lucedale, MS 39452

Fully occupied multifamily property with dedicated parking, public water, fiber internet, and tenant-paid utilities.

Property Size12,410 SF
Lot Size4.20 Acres
Price / SF$104.75
Days on Market26

Property Features for 9271 Highway 613

General Information

Standard status Active
Size 12,410 SF
Lot size 4.20 Acres
Occupancy 100%

Units

Unit Mix 10 x 2BR, 4 x 1BR
Multifamily Units 14

Additional Details

Cap Rate 8.69%
Utilities to Site Yes

Building Details

Year Built 1973
Year Renovated 2022
Listing Agency: Better Homes & Gardens RE Trad
Listed By: Janie L Grice · License #S49561
Source: Fiorellaavenue
Added: Aug 5 Changed: Aug 30 Last Checked: Aug 30 at 6:56PM

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 & Gardens RE Trad

Investment Insights

Based on property information with market context.

This apartment complex contains 14 units across approximately 4.2 acres, with a residential mix of 10 two-bedroom apartments and four one-bedroom apartments. The property was renovated in 2022, and each unit includes dedicated parking. Tenants pay all utilities, while the complex is served by public water and fiber internet.

The property is located at 9271 Highway 613 in Lucedale, Mississippi, within Southeast George County. Reported occupancy is 100%, and the property carries an 8.69% cap rate. Originally built in 1973, the complex combines an established multifamily improvement with recent renovations and a clearly defined unit mix.

Key Highlights

  • 14 total apartment units on approximately 4.2 acres
  • Unit mix includes 10 two‑bedroom and 4 one‑bedroom apartments
  • Renovated in 2022

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Garden Center Pharmacy Big Box & Wholesale Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with dedicated parking, public water, fiber internet, 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 on approximately 4.2 acres; Unit mix includes 10 two‑bedroom and 4 one‑bedroom apartments; Renovated in 2022
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message