9271 Highway 613, Lucedale, MS 39452
- $1,300,000
- 24
- BD
- 14
- BA
- 12,410
- SqFt
- List Price
- $1,300,000
Property Description
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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Listing courtesy of Better Homes & Gardens RE Trad.
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