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14-Unit Apartment Building
New
For Sale
$1,300,000

9271 Highway 613, Lucedale, MS 39452

COMMERCIAL - Lucedale, MS

Property Size12,410 SF
Lot Size4.20 Acres
Price / SF$104.75
Days on Market2

Property Features for 9271 Highway 613

General Information

Property type Commercial Sale
Property subtype Apartment
Bedrooms 24
Bathrooms 14
Full bathrooms 14
Rooms Bedroom 18, Bedroom 7, Bedroom 22, Bedroom 24, Bedroom 14, Bathroom 11, Bedroom 12, Bedroom 5, Bathroom 6, Bedroom 15, Bathroom 14, Bedroom 23, Bedroom 10, Bedroom 16, Bathroom 1, Bedroom 21, Bedroom 11, Bedroom 13, Bathroom 7, Bedroom 17, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 8, Bathroom 4, Bathroom 13, Bathroom 10, Bathroom 8, Bathroom 9, Bathroom 3, Bedroom 4, Bathroom 5, Bathroom 12, Bedroom 20, Bedroom 19, Bedroom 3
Standard status Active
APN 0907-26-0-001.01
Size 12,410 SF
Lot size 4.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 4.2 acres (see attached plat)
Tax Annual Amount 8383
Legal Description 4.2 acres (see attached plat)

Utilities

Sewer type Septic Tank
Water source Public

Building Details

Year built 1973
Floors in Building 2
Flooring type Vinyl, Carpet
Roof type Metal
Listing Agency: Better Homes & Gardens RE Trad · Better Homes and Gardens Real Estate
Listed By: Janie L Grice · License #S49561
Added: Aug 2 Last Checked: Aug 3 at 11:06PM
MLS# 4157886

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.

Investment Insights

Based on property information with market context.

The Retreat Apartments is a remodeled apartment complex offering 100% tenant occupancy. The property contains 14 total units across approximately 4.2 acres, with units featuring vinyl and carpet flooring, and a metal roof. Renovated in 2022, the building includes dedicated parking for each unit and uses septic tank sewer service.

Tenants pay all utilities. The complex is served by public water and includes fiber internet, supporting modern resident connectivity. The property is located at 9271 Highway 613 in Lucedale, in George County, Mississippi.

From a cash-flow perspective, the current financial metrics indicate an 8.69% cap rate. With a mix of two-bedroom and one-bedroom units, the configuration is designed to support immediate income generation under current occupancy.

Key Highlights

  • Remodeled apartment complex with 100% tenant occupancy
  • 14 total units on approximately 4.2 acres
  • 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

21
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled 14-unit apartment building with 100% occupancy, dedicated parking, public water, and fiber internet access.
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: Remodeled apartment complex with 100% tenant occupancy; 14 total units on approximately 4.2 acres; Renovated in 2022
More about this property
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