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Historic 79-Unit Apartment Redevelopment
For Sale
$3,500,000

237 Symphony Way, Anniston, AL 36205

Fully entitled redevelopment package includes architectural plans, environmental clearance, and an invitation for HUD financing.

Property Size7 SF
Lot Size7.79 Acres
Price / SF$500,000
Days on Market414

Property Features for 237 Symphony Way

General Information

Standard status Active
Size 7 SF
Lot size 7.79 Acres

Units

Unit Mix 50 x 1BR, 29 x 2BR
Multifamily Units 79

Additional Details

Opportunity Zone Yes

Building Details

Buildings 8
Listing Agency:
Listed By: Jordan Akin · License #000116958-0
Source: Expcommercial
Added: Jul 13, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:07PM

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 Jordan Akin

Investment Insights

Based on property information with market context.

This apartment redevelopment package covers 7.79 acres within Historic Fort McClellan and includes 8 historic buildings with plans for 79 apartments. The proposed unit mix comprises 50 one-bedroom residences and 29 two-bedroom residences. Design elements include ceiling heights ranging from 10’ to 25’, oversized windows, open layouts, contemporary kitchens and baths, and retained industrial character. Planned community features include a clubhouse, fitness center, pickleball courts, dog park, grilling areas, indoor bicycle storage, and a walkable neighborhood plan.

The property is fully entitled and environmentally cleared, with architectural plans, historic tax credits, and an invitation for HUD financing included in the redevelopment package. It is also located within a designated Opportunity Zone.

Key Highlights

  • 7.79‑acre redevelopment site in Historic Fort McClellan
  • 8 historic buildings included in the project scope
  • 79 apartments planned: 50 one‑bedroom and 29 two‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Garden Center Kitchen & Bath Showroom Cafe & Coffee Shop Skin Care Clinic

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

79
Residential units

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 36205, AL

838
Population
577
Households
1.5
Avg Household Size
45
Median Age
12%
College-Educated
85%
High-School Grad
13.0 sq mi
ZIP Area
64
Density / Sq Mi
$25,637
Median Household Income
$28,398
Median Earnings
$519
Median Rent
$265,300
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 - Fully entitled redevelopment package includes architectural plans, environmental clearance, and an invitation for HUD financing.
Where is this apartment building located?
The property is located at 237 Symphony Way Anniston, AL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 7.79‑acre redevelopment site in Historic Fort McClellan; 8 historic buildings included in the project scope; 79 apartments planned: 50 one‑bedroom and 29 two‑bedroom units
More about this property
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