Multifamily Housing
101 Hillside Circle Gadsden, AL 35903
Details & Description
Price: $950,000
    Bull Realty is pleased to present Garden Villa Apartments, a redevelopment opportunity of 95 units in Gadsden, AL. The property features a unit mix of (30) 1 bedroom/1 bathroom and (65) 2-bedroom/1 bathroom townhouse style floor plans. These units are spacious with 600 SF, 1 bedroom units and 880 SF, 2-bedroom units.This property is currently 100% vacant and in need of full renovation of the interiors and exteriors. There are 33 individual buildings which will give tenants privacy and a real sense of community. The property sits on ±15 acres which provide for significant amounts of green space and has a park-like setting.Conveniently located less than 5 minutes from Jordan Lake, which flows into the Coosa River, one of Alabama's most developed rivers. Surrounding retailers include Petco, Walmart, Walgreens, Belk, Hobby Lobby and more. Located less than 2 miles south of Gadsden Regional Medical Center.
    Property ID:    203798
    Property URL: melqr.com/203798
    Generated:    04-28-24
    Additional Photos
    Listing Agents
    Scott Spalding

    O: 404-876-1640
    spalding@bullrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Alabama / Gadsden / 35903 / 101 Hillside Circle

    101 Hillside Circle

    Gadsden, AL 35903

    Redevelopment Opportunity

    Listing ID: 203798
    Print Single-Page Version
    • 101 Hillside Circle Gadsden, AL 35903 | for Sale | Photo 1
    • 101 Hillside Circle Gadsden, AL 35903 | for Sale | Photo 2
    • 101 Hillside Circle Gadsden, AL 35903 | for Sale | Photo 3
    • 101 Hillside Circle Gadsden, AL 35903 | for Sale | Photo 4
    101 Hillside Circle | for Sale | Thumbnail 1
    101 Hillside Circle | for Sale | Thumbnail 2
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    101 Hillside Circle | for Sale | Thumbnail 4
    Building Size: 76,000 SF
    Lot Size: 15.070 AC
    Land Size: 656,449 SF
    Building $/SF: $12.50
    Land $/SF: $1.45
    Price
    $950,000
    Description

    Bull Realty is pleased to present Garden Villa Apartments, a redevelopment opportunity of 95 units in Gadsden, AL. The property features a unit mix of (30) 1 bedroom/1 bathroom and (65) 2-bedroom/1 bathroom townhouse style floor plans. These units are spacious with 600 SF, 1 bedroom units and 880 SF, 2-bedroom units.

    This property is currently 100% vacant and in need of full renovation of the interiors and exteriors. There are 33 individual buildings which will give tenants privacy and a real sense of community. The property sits on ±15 acres which provide for significant amounts of green space and has a park-like setting.

    Conveniently located less than 5 minutes from Jordan Lake, which flows into the Coosa River, one of Alabama's most developed rivers. Surrounding retailers include Petco, Walmart, Walgreens, Belk, Hobby Lobby and more. Located less than 2 miles south of Gadsden Regional Medical Center.

    Attachments & Files
    offeringmemorandum-14-ACE-28O.pdf

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Gadsden Area Market Trends

    Listing Demographics for 101 Hillside Circle Gadsden, AL 35903

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population4,54522,49347,857
    Population Median Age384041
    Population by Age0-9 Yrs535 (11%)2540 (11%)5461 (11%)
    10-19 Yrs557 (12%)2266 (10%)5340 (11%)
    20-29 Yrs678 (14%)3716 (16%)6729 (14%)
    30-39 Yrs515 (11%)2871 (12%)6035 (12%)
    40-49 Yrs833 (18%)2740 (12%)6026 (12%)
    50-59 Yrs557 (12%)2997 (13%)6268 (13%)
    60-69 Yrs466 (10%)2749 (12%)5943 (12%)
    70+ Yrs405 (8%)2614 (11%)6056 (12%)
    Median HH Income$26,078$34,498$39,032
    Total Household Income< 24K870 (48%)3385 (37%)6166 (33%)
    25-49K514 (28%)2391 (26%)4890 (26%)
    50-74K177 (9%)1410 (15%)3029 (16%)
    75-99K156 (8%)756 (8%)2008 (10%)
    100-199K81 (4%)876 (9%)2100 (11%)
    200K+14 (0%)138 (1%)391 (2%)
    Highest Education LevelNo Diploma91029955641
    Diploma or GED1040547710842
    Some College73235888101
    Assoc. Degree14313262936
    Bachelors Degree18013633795
    Higher Degree13610472379
    Total Housing Units2,42211,13923,051
    --Owner-Occupied8584,67311,287
    --Renter-Occupied9544,2837,296
    Owner-Occupied Values< 100K72324935373
    100-199K10912113349
    200-299K105611437
    300-399K4271705
    400-499K046162
    500K+1190260
    Total Working Age Population3,69918,63939,206
    In Work Force2,02710,36521,218
    Not In Work Force1,6718,27417,988
    Workforce Employed1,9009,76919,933
    Workforce Unemployed1275961,278
    Civlian Workforce2,02710,36521,212
    Military Workforce006
    Total Households1,8128,95518,583
    Family Households9735,02711,329
    Non-Family Households8383,9287,254
    Married Couple3152,9367,209
    Other Family6582,0924,120
    Married w/Child678802,344
    Single Male w/Child63150337
    Single Female w/Child2448711,659

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Alabama4,447,100+74,779,736+34,940,253+45,124,380
    Calhoun County112,249+6118,572-4114,221-1112,529
    Etowah County103,459+1104,430-2102,137-1100,612
    St. Clair County64,742+2983,593+890,634+11100,206

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 101 Hillside Circle in Gadsden?
    The asking price for 101 Hillside Circle is $950,000
    What is the building size of this Multifamily property in Gadsden, AL?
    The size of the building/unit at 101 Hillside Circle in Gadsden is 76,000 square feet
    How much land does the Gadsden, AL property at 101 Hillside Circle include?
    101 Hillside Circle in Gadsden includes 15.070 acres of land
    What is the population within 1 mile of 101 Hillside Circle in Gadsden?
    The population within 1 mile of 101 Hillside Circle Gadsden, AL 35903 is 4,545 people.
    Who do I contact for questions about 101 Hillside Circle?
    You should contact the listing agent, Scott Spalding, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Birmingham-Shuttlesworth International Airport (BHM) 54
    Huntsville International Carl T Jones Field (HSV) 64
    Chattanooga Metropolitan Airport (Lovell Field) (CHA) 84
    Price
    $950,000
    Listing Agent
    Scott Spalding - CRE Agent at

    Scott Spalding

    Bull Realty, Inc.

    VIEW AGENT PROFILE

    CONTACT AGENT

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