Brick Multifamily Apartment
For Sale
Contact for pricing
1465 Sutton Bridge Rd, Rainbow City, AL 35906
70-unit all-brick apartment community with 13 buildings on a 4.3-acre site.
Property SizeContact for details
Lot Size4.30 Acres
Days on Market120
Property Features for 1465 Sutton Bridge Rd
General Information
Standard status
Active
Lot size
4.30 Acres
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
70
Building Details
Year Built
1981
Listing Agency:
Marcus & Millichap - Birmingham
Listed By:
Josh Jacobs · License #AL
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 3:12AM
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.
Goldenrod Apartments is a well-maintained, all-brick multifamily community with 70 apartment units across 13 buildings. The unit mix includes 44 one-bedroom/two-bath units, 24 two-bedroom/one-bath units, and 2 three-bedroom/two-bath units. The property is an approximately 1981 vintage asset, and the seller reports more than $500,000 spent on improvements over the past 24 months.
The community sits on a 4.3-acre site in Rainbow City, Alabama, and is described as being within proximity to major interstates. The offering is stated to be free and clear of existing debt.
This is a residential income property designed for apartment operations, with multiple building structures supporting the established unit mix.
The community sits on a 4.3-acre site in Rainbow City, Alabama, and is described as being within proximity to major interstates. The offering is stated to be free and clear of existing debt.
This is a residential income property designed for apartment operations, with multiple building structures supporting the established unit mix.
Key Highlights
- 70‑unit apartment community with an all‑brick exterior in Rainbow City, AL.
- Unit mix includes 44 1BD/1BA, 24 2BD/1BA, and 2 3BD/2BA units.
- 13 buildings situated on a 4.3‑acre site.
Property Analytics
Current Use
Lease Details
70
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Explore this area
Business Placement
Demographics for 35906, AL
10,444
Population
4,743
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
85%
High-School Grad
35.0 sq mi
ZIP Area
298
Density / Sq Mi
$58,896
Median Household Income
$41,701
Median Earnings
$998
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 70-unit all-brick apartment community with 13 buildings on a 4.3-acre site.
Where is this apartment building located?
The property is located at 1465 Sutton Bridge Rd Rainbow City, AL.
What are key features of this property?
This property features: 70‑unit apartment community with an all‑brick exterior in Rainbow City, AL.; Unit mix includes 44 1BD/1BA, 24 2BD/1BA, and 2 3BD/2BA units.; 13 buildings situated on a 4.3‑acre site.
