Listing Agency: Revitalize Realty

Listed By: Melissa Frye · License #AL 114941-0

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:38PM

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Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 63 units across Alabama and Mississippi. The properties are professionally managed and report 98% occupancy, providing an established operating platform for a multifamily buyer.

Key Highlights

• 63‑unit multifamily portfolio across Alabama and Mississippi
• 98% occupied
• Professionally managed properties

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency HVAC Service Skin Care Clinic Electrical 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

63

Residential units

98%

Occupancy

Location Intelligence

Trade Area within ½ mile

469

Businesses Nearby

Explore this area Business Placement

Demographics for 36606, AL

19,042

Population

9,129

Households

2.1

Avg Household Size

35

Median Age

29%

College-Educated

89%

High-School Grad

6.8 sq mi

ZIP Area

2,800

Density / Sq Mi

$49,561

Median Household Income

$37,094

Median Earnings

$938

Median Rent

$141,300

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?

Multifamily property - Professionally managed multifamily portfolio spanning Alabama and Mississippi.

Where is this multifamily property located?

The property is located at 1107 Houston St Mobile, AL.

What are key features of this property?

This property features: 63‑unit multifamily portfolio across Alabama and Mississippi; 98% occupied; Professionally managed properties