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Multifamily Property with Community Spaces
For Sale
$739,999

370 Roy Beall Drive, Luverne, AL 36049

Business Opportunity, Luverne, AL

Property SizeContact for details
Lot Size2.34 Acres
Days on Market319

Property Features for 370 Roy Beall Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential
Bathrooms 17
Full bathrooms 17
Rooms Bathroom 3, Bathroom 9, Bathroom 4, Bathroom 11, Bathroom 8, Bathroom 17, Bathroom 16, Bathroom 14, Bathroom 15, Bathroom 10, Bathroom 2, Bathroom 6, Bathroom 5, Bathroom 1, Bathroom 12, Bathroom 13, Bathroom 7
Security features Security System
Fencing Fenced
Standard status Active
Lot size 2.34 Acres

Taxes and HOA fees

Tax Annual Amount 8429

Amenities

community living room
dining room
kitchen
laundry facilities
beauty parlor
library

Building Details

Year built 1999
Floors in Building 1
Listing Agency: SmallTown Hunting Properties & Real Estate
Listed By: Melanie Cherie Wilkerson
Added: Nov 12, 2025 Changed: Sep 17 Last Checked: Sep 27 at 4:06PM
MLS# 11605547

Copyright © 2026 My State MLS. 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.

This multifamily property at 370 Roy Beall Drive includes 16 bedrooms arranged around substantial shared facilities. The interior program features a community living room, dining room, kitchen, dedicated laundry area, private beauty parlor, and library. These spaces provide a combination of private accommodations and common-use areas within the same property.

Set on 2.34 acres in Luverne, Alabama, the site is fenced and the property was built in 1999. The address is located in Crenshaw County and carries ZIP Code 36049. The configuration supports a residential setting with extensive communal areas, while the existing rooms and service spaces provide a defined foundation for continued multifamily use.

Key Highlights

  • 16‑bedroom multifamily property
  • 2.34‑acre fenced site
  • Built in 1999

Property Analytics

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Current Use

Lake Haven Assisted ... Nursing Home

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Hair Salon Veterinary Clinic Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

Demographics for 36049, AL

5,299
Population
2,448
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
83%
High-School Grad
161.0 sq mi
ZIP Area
33
Density / Sq Mi
$53,073
Median Household Income
$41,155
Median Earnings
$678
Median Rent
$124,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - The property includes communal living and dining areas, a kitchen, laundry facilities, library, and beauty parlor.
Where is this multifamily property located?
The property is located at 370 Roy Beall Drive Luverne, AL.
What is the asking price?
The asking price for this property is $739,999.
What are key features of this property?
This property features: 16‑bedroom multifamily property; 2.34‑acre fenced site; Built in 1999
More about this property
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