71-Unit Apartment
For Sale
Contact for pricing
Pending
1302 Navco Rd 728 Jonston Rd 1706 Virginia St, Mobile, AL 36605
Three apartment communities are assembled within a compact Mobile-area footprint with current occupancy across the portfolio.
Property SizeContact for details
Days on Market143
Property Features for 1302 Navco Rd 728 Jonston Rd 1706 Virginia St
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
VULCAN GROUP
Listed By:
Steve Nunnelley · License #AL 000117995 - 1
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:15AM
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 VULCAN GROUP
Investment Insights
Based on property information with market context.
The Navco Portfolio comprises three apartment communities: Oak Knoll Apartments, Johnston Avenue Apartments, and Virginia Street Apartments. Together, the properties contain 71 units and are classified as C-Class apartment complexes. The portfolio includes addresses on Navco Road, Jonston Road, and Virginia Street in Mobile, Alabama.
The three communities are located within 3 miles of one another, creating a geographically concentrated apartment portfolio. Combined occupancy is 93 percent. The properties are situated in Mobile County, a market with nearly 16,000 businesses and economic activity spanning aviation and aerospace, chemical manufacturing, shipbuilding, health care, and logistics. The Port of Mobile also supports more than 154,400 direct and indirect jobs.
The three communities are located within 3 miles of one another, creating a geographically concentrated apartment portfolio. Combined occupancy is 93 percent. The properties are situated in Mobile County, a market with nearly 16,000 businesses and economic activity spanning aviation and aerospace, chemical manufacturing, shipbuilding, health care, and logistics. The Port of Mobile also supports more than 154,400 direct and indirect jobs.
Key Highlights
- 71 units across Oak Knoll, Johnston Avenue, and Virginia Street apartment communities
- Three C‑Class apartment complexes located within 3 miles of one another
- 93 percent occupied across the portfolio
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 36605, AL
25,113
Population
12,195
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
86%
High-School Grad
17.6 sq mi
ZIP Area
1,427
Density / Sq Mi
$45,064
Median Household Income
$32,003
Median Earnings
$1,026
Median Rent
$97,800
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 - Three apartment communities are assembled within a compact Mobile-area footprint with current occupancy across the portfolio.
Where is this apartment building located?
The property is located at 1302 Navco Rd 728 Jonston Rd 1706 Virginia St Mobile, AL.
What are key features of this property?
This property features: 71 units across Oak Knoll, Johnston Avenue, and Virginia Street apartment communities; Three C‑Class apartment complexes located within 3 miles of one another; 93 percent occupied across the portfolio
