24-Unit Apartment
For Sale
Contact for pricing
Pending
1802 Ororke Ln SW, Decatur, AL 35603
Renovated multifamily holdings near downtown, shopping, grocery stores, Decatur Morgan Hospital, and a short drive from Huntsville.
Property Size20,240 SF
Days on Market143
Property Features for 1802 Ororke Ln SW
General Information
Standard status
Pending
Size
20,240 SF
Property subtype
Multifamily
Occupancy
93%
Additional Details
Multifamily Units
24
Building Details
Buildings
5
Listing Agency:
SVN | AVAT Realty, LLC
(256) 476-0134
Listed By:
Paul McDonald · License #AL
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 4:28PM
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 SVN | AVAT Realty, LLC
Investment Insights
Based on property information with market context.
The Gard Portfolio comprises 5 apartment buildings containing 24 units in Decatur, Alabama. Constructed between 1981 and 1986, the properties offer a combined 20,240 square feet, with average unit sizes of 843 square feet. Significant renovations have been completed, and the portfolio is currently 93% occupied.
The property is positioned near downtown Decatur, with shopping, grocery stores, and Decatur Morgan Hospital nearby. Huntsville is also a few minutes away by car, providing access to the larger regional employment and technology center.
The portfolio combines multiple buildings with an established unit base and documented occupancy. Its location places residents close to daily retail, healthcare, and downtown amenities.
The property is positioned near downtown Decatur, with shopping, grocery stores, and Decatur Morgan Hospital nearby. Huntsville is also a few minutes away by car, providing access to the larger regional employment and technology center.
The portfolio combines multiple buildings with an established unit base and documented occupancy. Its location places residents close to daily retail, healthcare, and downtown amenities.
Key Highlights
- 24 units across 5 apartment buildings
- 20,240 square feet combined; average unit size of 843 square feet
- Buildings constructed between 1981‑1986
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
93%
Occupancy
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 35603, AL
32,380
Population
14,509
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
71.0 sq mi
ZIP Area
456
Density / Sq Mi
$78,237
Median Household Income
$47,458
Median Earnings
$857
Median Rent
$235,600
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 - Renovated multifamily holdings near downtown, shopping, grocery stores, Decatur Morgan Hospital, and a short drive from Huntsville.
Where is this apartment building located?
The property is located at 1802 Ororke Ln SW Decatur, AL.
What are key features of this property?
This property features: 24 units across 5 apartment buildings; 20,240 square feet combined; average unit size of 843 square feet; Buildings constructed between 1981‑1986
