Five-Unit Multifamily
New
For Sale
$375,000
101 Swift St, Atmore, AL 36502
Five occupied residences across three sites offer a mix of two- and three-bedroom floor plans.
Property Size980 SF
Price / SF$382.65
Days on Market2
Property Features for 101 Swift St
General Information
Standard status
Active
Size
980 SF
Net Rentable
6,068 SF
Property subtype
Multi-Family
Occupancy
100%
Financials
Gross Income
$54,540
Average Monthly Rent
$909
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 3BR/2BA, 1 x 3BR/2.5BA, 1 x 2BR/2BA
Multifamily Units
5
Building Details
Year Built
2007
Listing Agency:
PHD Real Property, LLC
Listed By:
Taylor Helton Lee · License #13753
(251) 294-2060
Source:
Revrealtyflorida
Added: Sep 24
Last Checked: Sep 24 at 3:09PM
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 PHD Real Property, LLC
Investment Insights
Based on property information with market context.
This five-unit multifamily portfolio spans four parcels at three sites. The residences include three 3-bedroom/2-bath units, one 3-bedroom/2.5-bath unit, and one 2-bedroom/2-bath unit, with 6,068± sf of leased space in total. All five units have central heat and air, and the roofs and HVAC systems are approximately 7 years old or newer. One home on Swift Street has a privacy-fenced yard; appliances convey. The Perch Street home was rebuilt after a fire.
Two sites are within Atmore city limits, while the third is in Perdido. The portfolio was 100% occupied at the time of listing. Average tenancy was approximately 3.8 years, with the longest-standing tenant in place for 7 years. Tenants pay for their own power and internet and maintain their yards; the owner pays for water.
Two sites are within Atmore city limits, while the third is in Perdido. The portfolio was 100% occupied at the time of listing. Average tenancy was approximately 3.8 years, with the longest-standing tenant in place for 7 years. Tenants pay for their own power and internet and maintain their yards; the owner pays for water.
Key Highlights
- Five units across 4 parcels and 3 sites; 100% occupied at listing
- Unit mix: (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA
- 6,068± sf of leased space
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Explore this area
Business Placement
Demographics for 36502, AL
16,050
Population
7,404
Households
2.2
Avg Household Size
41
Median Age
9%
College-Educated
83%
High-School Grad
330.8 sq mi
ZIP Area
49
Density / Sq Mi
$41,136
Median Household Income
$32,651
Median Earnings
$707
Median Rent
$129,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Five occupied residences across three sites offer a mix of two- and three-bedroom floor plans.
Where is this multifamily property located?
The property is located at 101 Swift St Atmore, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five units across 4 parcels and 3 sites; 100% occupied at listing; Unit mix: (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA; 6,068± sf of leased space
