5-Unit Multifamily
For Sale
$375,000
54722 Coleman Rd, Perdido, AL 36562
Five occupied residences are distributed among three sites, with a mix of two- and three-bedroom layouts.
Property Size6,068 SF
Price / SF$61.80
Days on Market48
Property Features for 54722 Coleman Rd
General Information
Standard status
Active
Size
6,068 SF
Property subtype
Multi-Family
Building Details
Year Built
2007
Listing Agency:
PHD Realty, LLC
Listed By:
Taylor Lee · License #100890-1
(251) 294-2060
Source:
Forsaleonthegulfcoast
Added: Sep 1
Changed: Oct 15
Last Checked: Oct 16 at 9:04AM
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 PHD Realty, LLC
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Investment Insights
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This multifamily portfolio comprises five residences across four parcels and three separate sites. The unit mix includes three 3-bedroom/2-bath homes, one 3-bedroom/2.5-bath home, and one 2-bedroom/2-bath home, with 6,068± square feet of leased space. All five units have central heating and air conditioning; roofs and HVAC systems are approximately 7 years old or newer. One residence has a privacy-fenced yard, and its refrigerator, dishwasher, and stove are included. Another home was rebuilt following a fire.
Two sites are within Atmore city limits, while the third is in Perdido. The properties sit along the I-65 corridor between Mobile and Pensacola. The portfolio was 100% occupied at the time of listing, and average tenancy was approximately 3.8 years, with the longest-standing tenant in place for 7 years. Tenants cover their own power and internet and maintain their yards; water is paid by the owner.
Two sites are within Atmore city limits, while the third is in Perdido. The properties sit along the I-65 corridor between Mobile and Pensacola. The portfolio was 100% occupied at the time of listing, and average tenancy was approximately 3.8 years, with the longest-standing tenant in place for 7 years. Tenants cover their own power and internet and maintain their yards; water is paid by the owner.
Key Highlights
- Five residences across four parcels at three sites
- 6,068± square feet of leased space
- Unit mix: (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
8
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Demographics for 36562, AL
1,863
Population
635
Households
2.9
Avg Household Size
38
Median Age
5%
College-Educated
80%
High-School Grad
49.5 sq mi
ZIP Area
38
Density / Sq Mi
$50,000
Median Household Income
$38,400
Median Earnings
$143,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Five occupied residences are distributed among three sites, with a mix of two- and three-bedroom layouts.
Where is this multifamily property located?
The property is located at 54722 Coleman Rd Perdido, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five residences across four parcels at three sites; 6,068± square feet of leased space; Unit mix: (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA
