Building Details

Year Built 2011

Buildings 11

Listing Agency: Southern Style Realty Inc Show Phone

Listed By: Diana Ezell · License #43745 Show Phone

Source: Exitrealty

Added: Sep 3 Changed: Sep 4 Last Checked: Sep 4 at 3:17PM

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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 Southern Style Realty Inc

Investment Insights

Based on property information with market context.

This multifamily property consists of 11 buildings containing 22 apartments, with each residence configured as a two-bedroom, one-bath unit. The improvements were built in 2011, and the property encompasses approximately 5+- acres in Citronelle, Alabama.

The offering includes seven additional parcels identified as #00029070, #10400041, #10400042, #10400043, #10400044, #10400045, and #10400046. The apartment operation has been established for more than 20 years, providing a substantial operating history for the residential complex.

Key Highlights

• 22 apartments across 11 buildings
• All units are configured with 2 bedrooms and 1 bath
• Approximately 5+- acres in Citronelle, AL

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Electrical Service Dental Office

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

22

Residential units

Location Intelligence

Trade Area within ½ mile

244

Businesses Nearby

Explore this area Business Placement

Demographics for 36522, AL

7,396

Population

3,039

Households

2.4

Avg Household Size

39

Median Age

8%

College-Educated

88%

High-School Grad

233.1 sq mi

ZIP Area

32

Density / Sq Mi

$48,961

Median Household Income

$36,765

Median Earnings

$732

Median Rent

$151,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Established multifamily property with multiple residential buildings and two-bedroom, one-bath apartments in Citronelle.

Where is this apartment building located?

The property is located at 19470 Magnolia Avenue Citronelle, AL.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: 22 apartments across 11 buildings; All units are configured with 2 bedrooms and 1 bath; Approximately 5+- acres in Citronelle, AL