Search
8-Unit Apartment Building
For Sale
$1,175,000
Pending

20969 E Bishop Road, Fairhope, AL 36532

Fully leased multifamily property with two-bedroom, two-bath residences, central air, and assigned parking.

Property SizeContact for details
Days on Market130

Property Features for 20969 E Bishop Road

General Information

Standard status Pending
Property subtype Commercial/Industrial
Occupancy 100%

Units

Unit Mix 8 x 2BR/2BA
Multifamily Units 8

Amenities

fenced
landscaping

Building Details

Year Built 2007
Construction brick
Listing Agency: Amerisell Realty
Listed By: Tracy Hood · License #84479-1
Source: Exitrealty
Added: Apr 24 Changed: Aug 30 Last Checked: Jun 25 at 5:53PM

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 Amerisell Realty

Investment Insights

Based on property information with market context.

Located at 20969 E Bishop Road in Fairhope, Alabama, this multifamily property contains eight apartment homes, each configured with two bedrooms and two bathrooms. The residences include tile flooring, granite countertops, separate utility rooms, and central air conditioning. Assigned parking is provided for the units.

Constructed in 2007, the building features solid brick construction and concrete flooring on the second level. The property is fully leased and includes level grounds with landscaping. Each apartment follows the same two-bedroom, two-bath layout, creating a consistent configuration across the complex.

Key Highlights

  • Fully leased eight‑unit apartment complex
  • Eight 2BR/2BA units
  • Constructed in 2007

Property Analytics

Current Use

Mannich Apartments Complex Apartment Building

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Garden Center HVAC Service Grocery & Convenience Store

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

Demographics for 36532, AL

36,918
Population
17,502
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
73.2 sq mi
ZIP Area
504
Density / Sq Mi
$86,026
Median Household Income
$46,129
Median Earnings
$1,374
Median Rent
$395,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property with two-bedroom, two-bath residences, central air, and assigned parking.
Where is this apartment building located?
The property is located at 20969 E Bishop Road Fairhope, AL.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Fully leased eight‑unit apartment complex; Eight 2BR/2BA units; Constructed in 2007
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message