Multifamily

Andalusia, AL Multifamily Properties for Sale

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Red Level, AL Gantt, AL Brewton, AL Florala, AL Dozier, AL Opp, AL Evergreen, AL Brantley, AL
Well-Maintained 40-Unit Apartment Complex
Updated: Jan 27
Well-Maintained 40-Unit Apartment Complex

700 Village Square Dr, Andalusia, AL 36420

$449,900
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
On‑site amenities include an office and paved parking
On‑site manager reported; property described as well maintained
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Updated 76-Unit Apartment Community
Updated: Apr 11
Updated 76-Unit Apartment Community

1716 Antioch Rd, Andalusia, AL 36421

Contact for pricing
76‑unit multifamily community in Andalusia, Alabama
Recent capital infusion totaling more than $11,000 per unit in recent years
All new metal roofs and patios, with nearly all units updated in recent years
Close proximity to U.S. Hwy 84, averaging 16,000 vehicles per day
Average organic rent increase of $110/month over prior classic rates, based on the most recent leases
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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Andalusia, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Grocery and Convenience Store with RV Sites
Grocery and Convenience Store with RV Sites

2777 Hwy 83, Evergreen, AL 36401

$199,000
1,600 sqft

Retail facility with fuel pumps, food-service equipment, office space, and an adjacent RV park.

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Established RV Park on Acreage
Established RV Park on Acreage

196 County Road 626, Enterprise, AL 36331

$375,000
10.00 AC lot

The 2024 facility includes occupied sites, dedicated utility and septic infrastructure, and additional unrestricted acreage.

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Convenience Store With RV Sites
Convenience Store With RV Sites

2777 Highway 83, Evergreen, AL 36401

$199,000
1.25 AC lot

Retail improvements include refrigeration, prepared-food equipment, fuel pumps, office space, and a customer seating area.

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RV Park With Expansion Acreage
RV Park With Expansion Acreage

196 County Road 626, Enterprise, AL 36331

$375,000
10.00 AC lot

Established RV operations with additional acreage available for future development.

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Off-Market Properties in Andalusia, AL

Consider similar Off-Market properties in Andalusia, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Byrd Rd At Snuffy Rd
MOBILE HOME PARK, TRAILER PARK

Byrd Rd At Snuffy Rd, Andalusia, AL 36420

$50,000
Estimated value
5 sqft 4.70 AC lot
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Andalusia, AL 36421
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

$385,000
Estimated value
24 sqft 10.00 AC lot
View details
Andalusia, AL 36421
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

$110,000
Estimated value
7 sqft 3.10 AC lot
View details
Andalusia, AL 36420
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

$465,000
Estimated value
14 sqft 60.00 AC lot
View details
Us Hwy 29th S
MOBILE HOME PARK, TRAILER PARK

Us Hwy 29th S, Andalusia, AL 36421

$205,000
Estimated value
4 sqft 1.00 AC lot
View details
Andalusia, AL 36420
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

$225,000
Estimated value
14 sqft
View details
Al Hwy 55
MOBILE HOME PARK, TRAILER PARK

Al Hwy 55, Andalusia, AL 36420

$235,000
Estimated value
12 sqft 4.35 AC lot
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Andalusia, AL 36420
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

$245,000
Estimated value
5 sqft 31.00 AC lot
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30831 Riverview Rd
MOBILE HOME PARK, TRAILER PARK

30831 Riverview Rd, Andalusia, AL 36421

$200,000
Estimated value
7 sqft 3.00 AC lot
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21180 Old Salt Rd
MOBILE HOME PARK, TRAILER PARK

21180 Old Salt Rd, Andalusia, AL 36420-7536

$200,000
Estimated value
1.10 AC lot
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11385 Jacobs Rd
MOBILE HOME PARK, TRAILER PARK

11385 Jacobs Rd, Andalusia, AL 36420-7920

$190,000
Estimated value
3 sqft 3.70 AC lot
View details
28920 Antioch Rd
MOBILE HOME PARK, TRAILER PARK

28920 Antioch Rd, Andalusia, AL 36421-5745

$150,000
Estimated value
7 sqft 2.00 AC lot
View details
Andalusia, AL 36421
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

$150,000
Estimated value
6 sqft 2.40 AC lot
View details
Andalusia, AL 36420
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

$190,000
Estimated value
4 sqft 7.80 AC lot
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Andalusia, AL 36421
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

$215,000
Estimated value
4 sqft 30.00 AC lot
View details
Andalusia, AL 36421
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36421

$160,000
Estimated value
6 sqft 3.00 AC lot
View details
Andalusia, AL 36420
MOBILE HOME PARK, TRAILER PARK

Andalusia, AL 36420

$145,000
Estimated value
3 sqft 1.60 AC lot
View details

Andalusia, AL Multifamily Properties Market Trends and Statistics

Explore 19 multifamily properties for sale in Andalusia, AL on our real estate platform.

Sale prices for multifamily properties in Andalusia, AL average $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 20K
Population Growth (5Y) -0.1%
Median Household Income $56,786
College Educated 30.7%

High-Yield Neighborhoods for Investment

Identify Andalusia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
36420 $449.9K

Taxes & Financing

Tax Rate (average for all types) 3.64%
Property Tax per SF $59.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Covington County

New Delisted

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