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95-Unit Townhome-Style Apartment Property
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101 Hillside Cir, Gadsden, AL 35903

Vacant multifamily property with a varied unit mix across separate brick buildings and renovation potential.

Property Size76,000 SF
Days on Market5

Property Features for 101 Hillside Cir

General Information

Standard status Active
Size 76,000 SF
Property subtype Multifamily

Property Condition

Severity Minor
Evidence full-scale renovation

Units

Unit Mix 30 x 1BR/1BA (600 sf), 65 x 2BR/1BA
Multifamily Units 95

Amenities

100% Vacant – Ready for full renovation
95 Units | 33 Brick Buildings | 76,000 SF
Unit Mix: (30) 1BR/1BA @ 600 SF & (65) 2BR/1BA 880 SF
Townhome-Style Layouts – Highly desirable
Strong rental demand in a limited supply market
Ideal for value-add investors & developers

Building Details

Building Size 76,000 SF
Buildings 33
Units 95
Construction brick
Listing Agency: Marcus & Millichap | Birmingham
Listed By: Josh Jacobs · License #License(s): AL: 000100755-0
Source: Marcusmillichap
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 18 at 4:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Birmingham

Investment Insights

Based on property information with market context.

This 95-unit apartment property at 101 Hillside Cir in Gadsden, Alabama, comprises 33 individual brick buildings totaling approximately 76,000 square feet. The townhome-style layout includes 30 one-bedroom, one-bathroom units of approximately 600 square feet each and 65 two-bedroom, one-bathroom units. The property is fully vacant, providing an opportunity for comprehensive renovation and repositioning.

The site offers access to local employers, schools, retail corridors, and major thoroughfares in the Gadsden area. The existing configuration combines a broad unit mix with separate residential-style buildings, supporting a range of future multifamily operating strategies. Address: 101 Hillside Cir, Gadsden, AL 35903.

Key Highlights

  • 95‑unit multifamily property with 100% vacancy
  • 33 individual brick buildings totaling approximately 76,000 square feet
  • Unit mix includes 30 one‑bedroom and 65 two‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Spa & Massage Center Building Supply Hair Salon Restaurant HVAC Service

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

Lease Details

95
Residential units

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

Demographics for 35903, AL

17,344
Population
8,338
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
87%
High-School Grad
68.2 sq mi
ZIP Area
254
Density / Sq Mi
$50,063
Median Household Income
$35,361
Median Earnings
$823
Median Rent
$170,000
Median Home Value

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?
Apartment building - Vacant multifamily property with a varied unit mix across separate brick buildings and renovation potential.
Where is this apartment building located?
The property is located at 101 Hillside Cir Gadsden, AL.
What are key features of this property?
This property features: 95‑unit multifamily property with 100% vacancy; 33 individual brick buildings totaling approximately 76,000 square feet; Unit mix includes 30 one‑bedroom and 65 two‑bedroom units
More about this property
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