Apartment Building

Summerdale, AL Apartment Buildings for Sale

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Bay Minette, AL Foley, AL Robertsdale, AL Silverhill, AL Elberta, AL Daphne, AL Fairhope, AL Magnolia Springs, AL
Furnished Cottage Rental Property
Updated: Apr 11
Furnished Cottage Rental Property

318 State Highway 59 N, Summerdale, AL 36580

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5,900 sqft 2.30 AC lot
10 furnished cottages totaling just over 5,900 heated and cooled SF on 2.3 acres
Weekly rental income with a very small vacancy rate; units are furnished and currently rented by the week
Recently updated units, with additional updates currently being done
Two storage areas on‑site; one could become an 11th unit with little expense
Property sits in the heart of Summerdale directly on State Highway 59
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Summerdale, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Multifamily with 10 Units
Remodeled Multifamily with 10 Units

606 ,, 706 N Alston Street, Foley, AL 36535

$1,349,000
8,468 sqft

Multifamily property with 10 two-bedroom, one-bath units remodeled in 2022 across three parcels.

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Renovated Multifamily Investment Opportunity
Renovated Multifamily Investment Opportunity

1300 Illinois Street, Mobile, AL 36604

$600,000
0.17 AC lot

High-income producing six-unit apartment building with diversified income streams.

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Foley Multifamily Investment Opportunity
Foley Multifamily Investment Opportunity

606,,,706 N Alston Street, Foley, AL 36535

$1,349,000
8,468 sqft

Ten remodeled apartment units near Highway 59 in Foley, Alabama.

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Renovated Multifamily Property in Mobile
Renovated Multifamily Property in Mobile

2219 Dauphin Island Pkwy, Mobile, AL 36605

Contact for pricing
21,120 sqft

32-unit apartment building with 100% occupancy in Mobile, AL.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Waterfront Multifamily Land Parcel
Waterfront Multifamily Land Parcel

141 104TH Avenue, Treasure Island, FL 33706

$2,225,000
0.34 AC lot

Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Summerdale, AL

Consider similar Off-Market properties in Summerdale, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

206 Broadway St
APARTMENT HOUSE (5+ UNITS)

206 Broadway St, Summerdale, AL 36580-4703

Value Estimation by Request
4,232 sqft 0.62 AC lot
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403 Broadway St
APARTMENT HOUSE (5+ UNITS)

403 Broadway St, Summerdale, AL 36580

Value Estimation by Request
3,588 sqft 7.00 AC lot
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Summerdale, AL Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Summerdale, AL on our real estate platform. These investment opportunities span a total of 5,900 square feet of properties for sale.

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Demographics Overview

Population 7,025
Population Growth (5Y) +21.9%
Median Household Income $59,138
College Educated 25.6%

Taxes & Financing

Tax Rate (average for all types) 3.16%
Property Tax per SF $83.06 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Baldwin County

New Delisted

Total CRE Inventory on Market (SF)

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