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Covington County, AL Apartment Buildings for Sale

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Birmingham, AL Mobile, AL Montgomery, AL Huntsville, AL Tuscaloosa, AL Foley, AL Dothan, AL Decatur, AL
Well-Maintained 40-Unit Apartment Complex
Updated: Jan 27
Well-Maintained 40-Unit Apartment Complex

700 Village Square Dr, Andalusia, AL 36420

$449,900
40‑unit apartment complex in Andalusia, all units are 1 BR and 1 BA with living rooms and kitchens
Units include large closet space for added storage
Property includes 9 standalone complexes
On‑site amenities include an office and paved parking
On‑site manager reported; property described as well maintained
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Updated 76-Unit Apartment Community
Updated: Apr 11
Updated 76-Unit Apartment Community

1716 Antioch Rd, Andalusia, AL 36421

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76‑unit multifamily community in Andalusia, Alabama
Recent capital infusion totaling more than $11,000 per unit in recent years
All new metal roofs and patios, with nearly all units updated in recent years
Close proximity to U.S. Hwy 84, averaging 16,000 vehicles per day
Average organic rent increase of $110/month over prior classic rates, based on the most recent leases
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Sale prices for two-family homes in Covington County, AL average $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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