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    2219 Dauphin Island Pkwy Mobile, AL 36605

    For Sale
    Contact for pricing

    32-unit apartment building with 100% occupancy in Mobile, AL.

    Property size:
    21,120 SF

    Property Features for 2219 Dauphin Island Pkwy

    General Information

    Size
    21,120 SF

    Building Details

    Year built
    1979

    Source: Jason Hyde Agent Jason Hyde

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Property in Mobile

    This well-maintained property in Mobile, AL, presents an investment opportunity with a 21,120 square foot building comprising 32 units. The property was built in 1979 and underwent a renovation in 2021, ensuring modern appeal. The property is zoned B-3. With a 100% occupancy rate, this property demonstrates its desirability. The property is located in the Mobile area. The surrounding neighborhood offers proximity to the Gulf Coast, the downtown district, and a variety of restaurants, shops, and entertainment venues. The Mobile Aeroplex at Brookley is also nearby, providing potential for business opportunities and convenience for residents. This location offers a dynamic and thriving environment for investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Brookley Apartment Complex

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0872901
    Latitude
    30.6263293

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    FAQs

    What type of property is this?
    Apartment building - 32-unit apartment building with 100% occupancy in Mobile, AL.
    Where is this apartment building located?
    The property is located at 2219 Dauphin Island Pkwy Mobile, AL.
    What are key features of this property?
    This property features: - 100% Occupancy Rate: Demonstrates high demand and immediate income potential.; - Renovated in 2021: Offers modern appeal and reduces potential maintenance costs.; - 32 Units: Provides a substantial rental income stream.
    (205) 516-6107
    Request Owner's contact information
    2219 Dauphin Island Pkwy Mobile, AL 36605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2219 Dauphin Island Pkwy Mobile, AL 36605
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