Building Details

Building Size 19,070 SF

Year Built 2005

Tenancy Multi

Listing Agency: Red Rock Realty Group b***@redrockrg.com Show Phone

Listed By: Bud Ballard · License #000105215 Show Phone

Source: Redrockrg

Added: Jun 25 Changed: Aug 11 Last Checked: Aug 11 at 6:09AM

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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 Red Rock Realty Group

Investment Insights

Based on property information with market context.

Magnolia Manor is a 16-unit apartment community in Odenville, AL that is reported as 100% occupied. The property includes a clubhouse with a full kitchen and a patio overlooking acreage, along with ample parking and garage spaces.

A private sewer system was designed to accommodate 32 units and a clubhouse. Land for expansion is identified for additional unit development on the west side of the property, with the clubhouse described as suitable for event or dining use based on the included full kitchen and event center setup.

Key Highlights

• 16‑unit apartment community in Odenville, AL, built in 2005
• 100% occupied property generating income
• Private sewer system designed to accommodate 32 units and a clubhouse

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Plumbing Service Kitchen & Bath Showroom Law Firm

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

16

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Explore this area Business Placement

Demographics for 35120, AL

16,073

Population

6,570

Households

2.4

Avg Household Size

37

Median Age

19%

College-Educated

88%

High-School Grad

70.8 sq mi

ZIP Area

227

Density / Sq Mi

$80,279

Median Household Income

$45,648

Median Earnings

$967

Median Rent

$210,900

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Similar For Sale Nearby

Land Parcel with Private Right-of-Way

0-0 Pump House Road, Odenville, AL 35120

$180,000

18.00 Acres

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Specialty Land Parcel

PUMP HOUSE ROAD lot: 0, Odenville, AL 35120

$180,000

18.00 Acres

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Wooded Land with Road Frontage

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$69,900

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Frequently Asked Questions

What type of property is this?

Apartment building - 100% occupied 16-unit apartment community with a clubhouse featuring a full kitchen, patio, and ample parking and garage spaces.

Where is this apartment building located?

The property is located at 100 Yvon Street Odenville, AL.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: 16‑unit apartment community in Odenville, AL, built in 2005; 100% occupied property generating income; Private sewer system designed to accommodate 32 units and a clubhouse