40-Unit Multifamily Apartment
50 School Highlands Rd Greenville, AL 36037
50 School Highlands Rd, Greenville, AL, 36037
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For Sale
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Forty units in a 1998-built multifamily property, with LIHTC restrictions scheduled to end in 2027.
Property Size41,200 SF
Days on Market69
Property Features for 50 School Highlands Rd
General Information
- Standard status
- Active
- Size
- 41,200 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1998
Listing agency
(256) 653-0065
Listed by
Andrew Agee
(256) 653-0065
Source
Svn
Added: May 14 Updated: Jul 21 at 12:06PM Checked: Jul 21 at 12:06PM
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 Andrew Agee
Investment Insights
Based on property information with market context.
Heatherton Apartments is a 40-unit multifamily community built in 1998. The property contains approximately 41,200 rentable square feet and includes a unit mix of 2- and 3-bedroom apartments. The offering highlights an LIHTC structure, with restrictions set to burn off in 2027, creating a defined timeline for transitioning the property’s rent structure after the extended-use period.
The asset is located at 50 School Highlands Rd in Greenville, Alabama. The remarks also note that interior and site-level renovations can take place concurrently, aimed at refreshing the property.
The asset is located at 50 School Highlands Rd in Greenville, Alabama. The remarks also note that interior and site-level renovations can take place concurrently, aimed at refreshing the property.
Key Highlights
- 40‑unit multifamily property built in 1998
- 41,200 rentable SF multifamily community at 50 School Highlands Rd, Greenville, AL
- LIHTC property with restrictions set to end in 2027 (burn‑off approaching)
Property Analytics
Location Intelligence
Current Use by Public Records
Heatherton Apartments
Apartment Building
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FAQs
What type of property is this?
Apartment building - Forty units in a 1998-built multifamily property, with LIHTC restrictions scheduled to end in 2027.
Where is this apartment building located?
The property is located at 50 School Highlands Rd Greenville, AL.
What are key features of this property?
This property features: 40‑unit multifamily property built in 1998; 41,200 rentable SF multifamily community at 50 School Highlands Rd, Greenville, AL; LIHTC property with restrictions set to end in 2027 (burn‑off approaching)
