2402 Gaslight Pl SW Decatur, AL 35603

Listing agency SVN | AVAT Realty, LLC r***@svn.com Show Phone

Listed by Paul McDonald · License #AL

Source Crexi

Added: Apr 11 Updated: Jul 20 at 6:23PM Checked: Jul 22 at 8:45AM

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Investment Insights

Based on property information with market context.

Gaslight Place Townhomes is a portfolio of 44 townhome-style apartments across eight buildings in Decatur, AL. The majority of the units have been completely renovated, supporting a modern, well-maintained tenant-ready product.

The property is positioned within the broader retail draw of Decatur Mall, which lists big-name retailers including Belk, Hibbett Sports, and GNC. The surrounding rental market is described as having more than 50% of Decatur’s population living as renters.

For investors seeking multifamily exposure through a multi-building townhome configuration, this portfolio combines renovation progress with a concentrated rental housing setup across eight separate buildings.

Key Highlights

• Portfolio of 44 townhome‑style apartment units across 8 buildings in Decatur, AL
• Most units have been completely renovated
• Decatur market noted as having more than 50% renters, supporting rental demand

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FAQs

What type of property is this?

Apartment building - Portfolio of 44 townhome-style apartments across eight buildings, with most units completely renovated.

Where is this apartment building located?

The property is located at 2402 Gaslight Pl SW Decatur, AL.

What are key features of this property?

This property features: Portfolio of 44 townhome‑style apartment units across 8 buildings in Decatur, AL; Most units have been completely renovated; Decatur market noted as having more than 50% renters, supporting rental demand