Apartment Buildings in Banks | Reonomy

Apartment Buildings in Banks

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Reonomy attracts a large community of Banks commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in apartment buildings.

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Banks apartment building sold prices and values

Values and sold prices (last 24 months) United States Alabama Banks
Average price/sqft $2,200 $13,834 --
Average sold price $3,256,095 $4,136,307 --
Median sold price $287,349 $382,555 --
Number of sales 119,729 685 --
Number of sales over $250k 65,643 402 --
Number of sales over $1m 26,335 272 --
Number of sales over $10m 6,192 66 --
Average total tax amount $22,803 $14,374 --
Average assessed value $1,080,253 $258,997 --
Average market value $1,382,503 $1,316,467 --

Banks apartment building property averages

Property averages United States Alabama Banks
Average lot size 156,581 sf 16,885,190 sf --
Median lot size 7,863 sf 20,927 sf --
Average building area 720 sf 154 sf --
Median building area 66 sf 37 sf --
Median year built 1955 1981 --
Average number of units 19 47 --
Median number of units 4 7 --

Banks apartment building total supply

Supply United States Alabama Banks
Number of parcels 1,615,369 7,445 --
Aggregate lot acerage 25,561,872 1,237,316 --
Aggregate building area 513,795,294 sf 417,117 sf --
Aggregate units 17,490,778 81,824 --

Banks apartment building industrial mortgages

Debt United States Alabama Banks
Number of mortgages 4,234,034 4,025 --
Average value of mortgages $2,205,844 $4,039,550 --

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