Apartment Property with Additional
For Sale
$575,000
Pending
88235 Highway 9, Lineville, AL 36266
Five apartment units accompany a separate residential-style building with central heating and air, accessibility features, and on-site systems.
Property Size912 SF
Lot Size1.25 Acres
Days on Market1069
Property Features for 88235 Highway 9
General Information
Standard status
Pending
Size
912 SF
Lot size
1.25 Acres
Property subtype
Residential Income / Apartment
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
5 x 2BR/1BA (1000 SF)
Multifamily Units
5
Additional Details
Sprinkler System
Yes
Amenities
central heat and air
alarm system
handicap accessible
covered front porch
Central Air, Electric
Central
Tile, Vinyl
Electric Water Heater, Refrigerator
Yes
1
2
Storage
Building Details
Year Built
1998
Buildings
2
Listing Agency:
Hunter Bend Realty, LLC Lineville Branch
(256) 396-2717
Listed By:
Billy Robertson
(256) 396-2717
Source:
Compass
Added: Sep 28, 2023
Changed: Aug 30
Last Checked: Aug 30 at 11:46PM
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 Hunter Bend Realty, LLC Lineville Branch
Investment Insights
Based on property information with market context.
This multifamily property includes five separate apartments, each measuring approximately 1,000 SF with two bedrooms, one bathroom, a kitchen, living/dining area, and laundry room. The apartments are in a building constructed in 1998 with vinyl siding, a shingle roof, and a covered front porch.
A second building provides 2,572 SF with three or four bedrooms, two half baths, a kitchen, and a living/dining room. Built in 1920, it has vinyl siding and a metal roof and could be converted to a residence. Both buildings have central heating and air, alarm systems, sprinkler systems, and handicap accessibility.
The property covers approximately 1.25 acres across two parcels, which may be sold separately. Interior features include tile and vinyl finishes, electric water heating, refrigerators, and storage.
A second building provides 2,572 SF with three or four bedrooms, two half baths, a kitchen, and a living/dining room. Built in 1920, it has vinyl siding and a metal roof and could be converted to a residence. Both buildings have central heating and air, alarm systems, sprinkler systems, and handicap accessibility.
The property covers approximately 1.25 acres across two parcels, which may be sold separately. Interior features include tile and vinyl finishes, electric water heating, refrigerators, and storage.
Key Highlights
- Five separate apartments, each approximately 1,000 SF with 2 bedrooms and 1 bathroom
- Second building contains 2,572 SF with 3 or 4 bedrooms and 2 half baths
- Two buildings situated on approximately 1.25 acres across 2 parcels
Property Analytics
Current Use
Lease Details
5
Residential units
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 36266, AL
5,812
Population
3,399
Households
1.7
Avg Household Size
44
Median Age
15%
College-Educated
84%
High-School Grad
196.5 sq mi
ZIP Area
30
Density / Sq Mi
$50,168
Median Household Income
$37,377
Median Earnings
$671
Median Rent
$185,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five apartment units accompany a separate residential-style building with central heating and air, accessibility features, and on-site systems.
Where is this apartment building located?
The property is located at 88235 Highway 9 Lineville, AL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Five separate apartments, each approximately 1,000 SF with 2 bedrooms and 1 bathroom; Second building contains 2,572 SF with 3 or 4 bedrooms and 2 half baths; Two buildings situated on approximately 1.25 acres across 2 parcels
