Apartment Building

Summerdale, AL Apartment Buildings for Sale

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Foley, AL Robertsdale, AL Silverhill, AL Daphne, AL Seminole, AL Elberta, AL Fairhope, AL Magnolia Springs, AL
Furnished Apartment Buildings on Highway 59
Updated: Sep 26, 2025
Furnished Apartment Buildings on Highway 59

318 STATE HIGHWAY 59, Summerdale, AL 36580

$1,100,000
2.10 AC lot
10% cap rate calculated with a 10% vacancy factor
Current 100% occupancy across ten rental units
Approximately 5,900 square feet of rentable space
Eight furnished cottages or tiny homes, plus a 144‑square‑foot laundry facility
Frontage on State Highway 59 with visibility and traffic counts noted
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Furnished Cottage Rental Property
Updated: Oct 1, 2025
Furnished Cottage Rental Property

318 State Highway 59, Summerdale, AL 36580

$1,100,000
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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See what stands out in Baldwin County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 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

Opportunities in Nearby Cities

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

Remodeled Apartment Property
Remodeled Apartment Property

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

$1,349,000
8,468 sqft 0.43 AC lot

The property combines rental units with B-1 zoning and legally nonconforming residential occupancy.

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10-Unit Apartment Building
10-Unit Apartment Building

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

$1,349,000
8,468 sqft

Fenced, single-story multifamily property with central electric service and on-street parking.

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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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102-Unit Villa-Style Apartment Building
102-Unit Villa-Style Apartment Building

1601 Neshota Dr, Mobile, AL 36605

Contact for pricing

Villa-style apartment community with recent roof, exterior, and select interior improvements.

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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

$405,000
Estimated value
4,232 sqft 0.62 AC lot
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403 Broadway St
APARTMENT HOUSE (5+ UNITS)

403 Broadway St, Summerdale, AL 36580

$360,000
Estimated value
3,588 sqft 7.00 AC lot
View details

Summerdale, AL Apartment Buildings Market Trends and Statistics

Explore 4 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, with an estimated market value of $2,200,000.

Sale prices for two-family homes in Summerdale, AL average $1,100,000 — 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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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Summerdale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
36580 $1.1M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Baldwin County

Residential Income

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