Real Estate Sales & Development
According toAL.com, a Birmingham investment group paid $15 million for the newly opened Mirabella Apartment complex at 1910 East 1st Street in Gulf Shores, according to Frank Malone and Troy Wilson of Bellator Real Estate & Development, who represented the buyers. The 96-unit gated complex is one-third rented after opening three weeks ago, according to…Read More
The 320-unit Timber Ridge apartment complex in Mobile has been acquired by a pair of investment firms, Legacy Capital Partners, based in Cleveland, and Morrison Avenue Capital Partners, based in Tampa, according toBusiness Alabama. This is Legacy’s third joint venture and fourth asset acquired with Morrison Avenue in Alabama. Since its founding in 2004, Legacy…Read More
LocalEXIT Realty-affiliated offices have added Darcie Carlton, Joseph Lyons and Bubba Ward to the EXIT Allstar Gulf Coast Realty at 28600 Highway 98, Suite K in Daphne. Additionally, Lacey Valdez, Pattie McGill and Millie Kate Schlautman have joined EXIT Realty Lyon in Fairhope at 8 South Church Street in Fairhope.Read More
The Baldwin REALTORS Community Service Committee, made up of 26 volunteers representing more than 20 local brokerages in South Alabama, has prepared and distributed more than 1,000 gift bags to the residents of all 20 Baldwin County nursing homes and care facilities. Each office prepared a minimum of 50 gift bags, with some contributing more…Read More
According to AL.com, a 2,500-ft2 office building at 653 Government Street in downtown Mobile was purchased by investors for $410,000, according to Richard Weavil of The Weavil Co., who handled the transaction. Also in Mobile, P.S. Taco Co. has leased 1,800 ft2 in Rangeline Crossing, a new retail strip center development at 5000 Rangeline Crossing…Read More
Bellator Real Estate & Development’s West Mobile Branch Manager Don Jones has been appointed by Gov. Kay Ivey to serve on the Alabama Real Estate Commission, the Eastern Shore Chamber of Commerce announced. The commission is tasked with serving the public through the licensing and regulating of real estate agents to ensure excellence in the…Read More
According to AL.com, a local investment group paid $840,000 for a 9,000-ft2 office building at 501 Bishop Lane in Mobile, according to Richard Weavil of The Weavil Co., who represented the seller. Richard Inge of Inge Properties worked for the buyers. Also in Mobile, an out-of-town investor paid $340,000 for 3200 and 3202 Old Shell…Read More
Clint Flowers, ALC, was recently named National Land Realty Top Producer Nationwide for 2020. Flowers is the managing broker for National Land Realty throughout the Gulf Coast region. He also won the honor in 2016, 2017, 2018, and 2019; was named the Alabama Land Agent of the Year in 2019; is a three-time recipient of…Read More
Baldwin REALTORS® Multiple Listing Service (MLS) started reporting “Traditional Residential”- and “Resort/Island”-based statistics separately in February 2020. Since then, March 2021 has produced the highest average sales price for both categories, and the combined total properties of 956 is the highest seen since Baldwin MLS began its monthly reporting in 2017. Along with the high…Read More
Berkshire Hathaway HomeServices Cooper & Co. Inc. has announced Otto Brewer’s purchase of two office warehouse buildings totaling more than 33,400 ft2 on 5.3 acres at 3927 and 4001 Halls Mill Road in Mobile for $850,000 to a private investor. David Cooper of the company’s commercial division worked with the buyer and represented the seller.…Read More
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