Listing Agency: LAH Commercial Real Estate Mountain Brook Show Phone

Listed By: Alex Kyriazis · License #000121269-0

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 1:38PM

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Investment Insights

Based on property information with market context.

This well-maintained apartment complex offers 35 units configured as 2BR/2B apartments. Current occupancy is reported at 94%, and the property includes an on-site coin-operated laundry facility that provides additional income. During the current ownership period, the property has been maintained well.

The complex is described as being about one minute away from the University of West Alabama campus. The primary site is 4.2 +/- acres and is owned fee simple, while an additional 5.5 +/- acres of adjacent land, including the laundry facility and the manager’s office, is held under a long-term ground lease.

Additional details are available through the broker.

Key Highlights

• 35‑unit apartment complex on 9.7 +/- acres of land, one minute from the University of West Alabama campus
• 94% occupancy with a tenant mix of students and working class individuals
• All units are 2BR/2B; units are under market with room for rental growth

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Garden Center Kitchen & Bath Showroom Veterinary Clinic Real Estate Agency

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

35

Residential units

94%

Occupancy

Location Intelligence

Trade Area within ½ mile

235

Businesses Nearby

Explore this area Business Placement

Demographics for 35470, AL

5,055

Population

1,732

Households

2.9

Avg Household Size

30

Median Age

29%

College-Educated

93%

High-School Grad

273.7 sq mi

ZIP Area

18

Density / Sq Mi

$40,042

Median Household Income

$12,106

Median Earnings

$933

Median Rent

$154,200

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 - Well-maintained 35-unit apartment complex with on-site coin-operated laundry.

Where is this apartment building located?

The property is located at 1125 N Washington St Livingston, AL.

What are key features of this property?

This property features: 35‑unit apartment complex on 9.7 +/- acres of land, one minute from the University of West Alabama campus; 94% occupancy with a tenant mix of students and working class individuals; All units are 2BR/2B; units are under market with room for rental growth