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16-Unit Apartment Building
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25258 US-98, Elberta, AL 36530

Class B+ multifamily property with updated roofs, parking, and interiors in Elberta, Alabama.

Property SizeContact for details
Days on Market143

Property Features for 25258 US-98

General Information

Standard status Active
Class Class B+
Property subtype Multifamily

Additional Details

Multifamily Units 16
Listing Agency: Stirling Properties, LLC
Listed By: Stacy Taylor · License #FL
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:45AM

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 Stirling Properties, LLC

Investment Insights

Based on property information with market context.

Magnolia Place is a 16-unit Class B+ apartment property at 25258 US-98 in Elberta, Alabama. The asset has received substantial physical updates, including a new parking lot, new roofs, and interior improvements within the units. Its multifamily configuration and existing upgrades provide a clear operating platform for apartment ownership and management.

The property is positioned in Elberta, with Foley located nearby in Baldwin County. The source information describes a quiet neighborhood setting and identifies the asset as a boutique apartment community. Additional work has been identified for the laundry facility, along with a proposed conversion of the office into another rental unit; those items are not represented as completed improvements.

Key Highlights

  • 16‑unit Class B+ apartment property
  • New parking lot improvements
  • New roofs installed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Building Supply Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Pharmacy

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 36530, AL

8,375
Population
3,988
Households
2.1
Avg Household Size
46
Median Age
20%
College-Educated
89%
High-School Grad
95.6 sq mi
ZIP Area
88
Density / Sq Mi
$59,252
Median Household Income
$41,231
Median Earnings
$1,093
Median Rent
$251,900
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 - Class B+ multifamily property with updated roofs, parking, and interiors in Elberta, Alabama.
Where is this apartment building located?
The property is located at 25258 US-98 Elberta, AL.
What are key features of this property?
This property features: 16‑unit Class B+ apartment property; New parking lot improvements; New roofs installed
More about this property
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