Well-Maintained 40-Unit Apartment
For Sale
$449,900
Pending
700 Village Square Dr, Andalusia, AL 36420
Forty 1-bedroom, 1-bath units with living rooms and kitchens, plus office space, paved parking, and an onsite manager.
Property SizeContact for details
Days on Market438
Property Features for 700 Village Square Dr
General Information
Standard status
Pending
Property subtype
Commercial
Additional Details
Multifamily Units
40
Building Details
Tenancy
Multi
Listing Agency:
Merrifield & Pilcher Realty
Listed By:
Christa V Merrifield · License #689338
(850) 428-3298
Source:
Emeraldcoasthomefinder
Added: Aug 19, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:45AM
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 Merrifield & Pilcher Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 40-unit apartment complex offers all units configured as 1 BR and 1 BA, each with a living room, kitchen, and large closet space. The property also includes an office and paved parking, and features an onsite manager. Property management is described as in place, and the complex is noted as well maintained.
The complex is located in Andalusia, just behind the hospital, with proximity to shopping, schools, parks, and the hospital cited as part of the convenience for residents.
The offering includes 9 standalone complexes within the overall apartment complex configuration.
The complex is located in Andalusia, just behind the hospital, with proximity to shopping, schools, parks, and the hospital cited as part of the convenience for residents.
The offering includes 9 standalone complexes within the overall apartment complex configuration.
Key Highlights
- 40‑unit apartment complex in Andalusia, all units are 1 BR and 1 BA with living rooms and kitchens
- Units include large closet space for added storage
- Property includes 9 standalone complexes
Property Analytics
Lease Details
40
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 36420, AL
10,796
Population
5,147
Households
2.1
Avg Household Size
43
Median Age
25%
College-Educated
85%
High-School Grad
267.9 sq mi
ZIP Area
40
Density / Sq Mi
$50,126
Median Household Income
$36,374
Median Earnings
$659
Median Rent
$163,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Forty 1-bedroom, 1-bath units with living rooms and kitchens, plus office space, paved parking, and an onsite manager.
Where is this apartment building located?
The property is located at 700 Village Square Dr Andalusia, AL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 40‑unit apartment complex in Andalusia, all units are 1 BR and 1 BA with living rooms and kitchens; Units include large closet space for added storage; Property includes 9 standalone complexes
