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14-Unit Apartment Building
For Sale
Contact for pricing
Pending

206 Cloverleaf Dr, Athens, AL 35611

Partially renovated apartment community with all units occupied and convenient access to everyday services.

Property Size11,094 SF
Days on Market143

Property Features for 206 Cloverleaf Dr

General Information

Standard status Pending
Size 11,094 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 14

Building Details

Year Built 1960
Listing Agency: SVN | AVAT Realty, LLC
Listed By: Richard Chenault · License #000124758
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:23AM

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.

This 14-unit apartment community in Athens, Alabama, offers an established multifamily configuration with an average unit size of 792.43 square feet and 11,094 square feet combined. The property was built in 1960, and portions of the units have received renovations. All units are currently occupied.

The community is situated in Limestone County near businesses, parks, and grocery stores. Madison Hospital is approximately a twenty-five-minute drive away, while Huntsville Airport is approximately thirty minutes by car. The property provides an existing residential income configuration in an established Athens setting.

Key Highlights

  • 14‑unit apartment community
  • 11,094 square feet combined; average unit size of 792.43 square feet
  • Built in 1960

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center

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

14
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 35611, AL

27,168
Population
13,709
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
81%
High-School Grad
115.1 sq mi
ZIP Area
236
Density / Sq Mi
$54,606
Median Household Income
$38,872
Median Earnings
$796
Median Rent
$201,700
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 - Partially renovated apartment community with all units occupied and convenient access to everyday services.
Where is this apartment building located?
The property is located at 206 Cloverleaf Dr Athens, AL.
What are key features of this property?
This property features: 14‑unit apartment community; 11,094 square feet combined; average unit size of 792.43 square feet; Built in 1960
(256) 476-0134 Call to check price and availability
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