Multifamily

Greenville, AL Multifamily Properties for Sale

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Honoraville, AL Georgiana, AL Brantley, AL Luverne, AL Rutledge, AL Forest Home, AL Fort Deposit, AL Mckenzie, AL
40-Unit Multifamily Apartment Community
Updated: May 14
40-Unit Multifamily Apartment Community

50 School Highlands Rd, Greenville, AL 36037

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41,200 sqft
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)
Unit mix includes spacious 2- and 3‑bedroom apartments
Interior and site‑level renovations can take place concurrently
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Greenville, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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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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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Well-Maintained 40-Unit Apartment Complex
Well-Maintained 40-Unit Apartment Complex

700 Village Square Dr, Andalusia, AL 36420

$449,900

Forty 1-bedroom, 1-bath units with living rooms and kitchens, plus office space, paved parking, and an onsite manager.

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Updated 76-Unit Apartment Community
Updated 76-Unit Apartment Community

1716 Antioch Rd, Andalusia, AL 36421

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76-unit multifamily property with recent capital improvements including new metal roofs, patios, and extensive unit updates.

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Off-Market Properties in Greenville, AL

Consider similar Off-Market properties in Greenville, 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.

101 Adams St
GARDEN APT, COURT APT (5+ UNITS)

101 Adams St, Greenville, AL 36037-2600

Value Estimation by Request
2,160 sqft 0.11 AC lot
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2234 Halso Ml Rd
GARDEN APT, COURT APT (5+ UNITS)

2234 Halso Ml Rd, Greenville, AL 36037-7512

Value Estimation by Request
2,208 sqft
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Greenville, AL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Greenville, AL on our real estate platform. These investment opportunities span a total of 41,200 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 13K
Population Growth (5Y) -2.5%
Median Household Income $48,571
College Educated 21.7%

Taxes & Financing

Tax Rate (average for all types) 4.00%
Property Tax per SF $81.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Butler County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Butler County

Retail

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