361 St Louis St, Mobile, AL 36602

PRIME DOWNTOWN MOBILE LOCATION

Newly converted all climate-controlled facility located in downtown Mobile benefiting from dense residential, mixed-use, and commercial surroundings.

CLEAR OPPORTUNITY TO PUSH RENTS

In-place rents are below market, giving a new owner a realistic path to increase NOI through steady, well-timed rent increases. UNDERSERVED, HIGH-DENSITY SUBMARKET

Low supply per capita (7.47) and dense 5-mile population (73,228) drive strong demand.

LIMITED COMPETITION AND NEW SUPPLY

Limited new construction and strict local regulations keep supply tight, ensuring stable long-term pricing and minimal competition.

WELL-MAINTAINED, EASY-TO-OPERATE ASSET

The facility is in good condition, allowing a buyer to focus on operations and revenue growth rather than capital projects.