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104 Medical Park Drive, Atmore, AL 36502 104 Medical Park Dr

10 Unit Block of Flats £300,563 (£30,056/Unit) Atmore, AL 36502

Investment Highlights

  • convenient location
  • Atmore area is in desperate need of rentals
  • huge income potential

Executive Summary

Investor's Dream – 10-Unit Multi-Family Property with Huge Income Potential!
Discover the perfect opportunity to transform this 10-unit apartment complex into a lucrative rental investment. Located in a desirable area with high demand for rentals, this property offers a blank canvas for your renovation vision.
Property Details:
Large Building:
4 units: 2 bedrooms / 1 bathroom each
2 units: 1 bedroom / 1 bathroom each
Solid construction and functional layouts ready for updates.
Block Building (Shell):
3 studio apartments
1 unit: 1 bedroom / 1 bathroom
Needs complete renovation, including new flooring, windows, and bathrooms.
Highlights:
No current income – ready for full-scale renovation.
Property requires cleaning out and updating, providing the opportunity to customize to modern standards.
Ideal for experienced investors or developers looking to maximize rental income.
Preapproval or proof of funds required before scheduling a showing.
This property offers immense potential to create a sought-after rental community in a great location. Whether you're a seasoned investor or a developer ready for your next project, this 10-unit complex is brimming with possibilities.
Don't miss this chance to capitalize on the strong rental market – schedule your showing today!
As the largest city in Escambia County, Atmore's development continues attracting growing businesses, new residences and expanding opportunities for current citizens. Atmore is home to a wide range of thriving industries including agriculture, timber, textiles, metal fabrication, and communication companies. City leaders take a proactive approach to industrial recruitment by adding and selling buildings at the 150-acre Industrial Park, along with expanding the Rivercane Development. The City of Atmore works in conjunction with the Atmore Area Chamber of Commerce, the Escambia County Industrial Development Authority, and the Coastal Gateway Regional Economic Development Alliance to attract new business and industry to the area while pursuing marketing strategies which promote the growth of our community and its existing industries. The City and Chamber are also working on beautification and hometown pride initiatives to enhance the downtown business district, as well as commercial and industrial properties. Seize the opportunity to establish your presence in this dynamic location, where modern amenities converge with prime real estate, offering an unparalleled foundation for success.

Property Facts

Price £300,563
Price Per Unit £30,056
Sale Type Investment
No. Units 10
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Lot Size 0.95 AC
Building Size 6,580 SF
Average Occupancy 0%
Number of Floors 1
Year Built 1951
Parking Ratio 3.04/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Cable Ready
  • Ceiling Fans
  • Carpet
  • Yard

Site Amenities

  • 24 Hour Access
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 4 - 900
1+1 2 - 550
Studios 3 - 300
1+1 1 - 400
  • Listing ID: 34424329

  • Date on Market: 09/01/2025

  • Last Updated:

  • Address: 104 Medical Park Dr, Atmore, AL 36502

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