Morgan County · Decatur
Sell Your Commercial Property In Decatur, AL
We are an active buyer of Decatur commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Old Decatur · Southeast Decatur · Priceville · Hartselle — Morgan County, AL
Market Snapshot
Renter Demand In Decatur
Decatur is a Morgan County city of 57,361 residents, per ACS 2020-2024. Renters hold 36.7% of Decatur's occupied homes, and median gross rent is $896 a month. Median household income in Decatur is $61,563 a year (table B19013). Owners preparing to sell commercial property in Decatur, AL will find the rent, tax and lease-law figures buyers check first. Each number below ties to its official source, from HUD's FY2027 fair market rents to the Morgan County millage table.
ULA rocket factory
United Launch Alliance builds rockets at a 1.6 million square foot Decatur plant; MCEDA lists 763 employees.Morgan County chemical plants
MCEDA lists 3M at 676 jobs, Indorama at 382, Daikin at 365 and Ascend at 294 in Morgan County.Nucor Steel Decatur
Nucor Steel Decatur runs a steel mini mill with 767 employees, per the MCEDA Morgan County manufacturer list.Our Buy Box
What We Buy In Decatur
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Decatur Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Decatur
Renters occupy 36.7% of Decatur's 23,722 occupied homes, or 8,713 households, per ACS 2020-2024 tenure data. Buildings of five or more units hold 4,397 homes, 17.3% of Decatur's housing stock (table B25024). Decatur's median home was built in 1977, and 55.5% of units predate 1980 (table B25034).
Rents and affordability in Decatur
Median gross rent in Decatur is $896 a month, per ACS 2020-2024. That sits $111 below the Alabama median of $1,007. Some 41.9% of Decatur renter households spend 30% or more of income on housing (table B25070).
| Unit size | HUD FY2027 FMR, Decatur, AL MSA |
|---|---|
| Efficiency | $830 |
| One-bedroom | $835 |
| Two-bedroom | $1,023 |
| Three-bedroom | $1,315 |
| Four-bedroom | $1,686 |
The two-bedroom figure under HUD's FY2027 fair market rents runs $127 above Decatur's median gross rent.
Property taxes in Morgan County
Decatur parcels in Morgan County carry 45.3 mills: 6.5 state, 10.8 county, 9.4 school and 18.6 city, per the ADOR October 2025 millage table. Apartments are Class II property, assessed at 20% of value (ADOR). A $2,000,000 building is assessed at $400,000 and owes about $18,120 a year.
Owners who sell commercial property in Decatur, AL pay deed tax of $0.50 per $500 of value, about $2,000 on $2,000,000 with no assumed mortgage (Code 40-22-1). A change in ownership removes the HB73 7% cap on yearly growth in taxable value. Valuation appeals are due within 30 days of notice (ADOR).
Landlord rules in Alabama
Alabama caps security deposits at one month's rent, with a refund or itemized list due within 60 days (Code 35-9A-201). A nonpayment notice must allow at least seven business days (Code 35-9A-421). Decatur cannot adopt rent control under Code 11-80-8.1.
Owners preparing to sell commercial real estate in Decatur, AL should keep a deposit ledger that matches these limits.
What it means for a Decatur owner
To sell commercial property in Decatur, AL, price the building against $896 median rent and a 45.3-mill tax load. Factory payrolls at United Launch Alliance and Nucor Steel Decatur anchor local renter demand.
Skyline Capital Investments buys 5+ unit apartment buildings directly. Test your numbers with the cap rate calculator, then request an offer to sell your apartment building in Decatur.
Local Knowledge
Pricing Your Building In Decatur
More about selling in Alabama →Investing in Decatur? See apartment syndications in Decatur →
- Decatur posts a 4.7% rental vacancy rate across all rental homes, per ACS 2020-2024 profile table DP04.
- To sell multifamily property in Decatur, expect buyers to model 45.3 mills on full assessed value.
- Owners who sell commercial real estate in Decatur, AL pay deed tax of $0.50 per $500 of value.
Seller Guides
Your Situation, Handled — Decatur
Learn More
Taxes & Rules For Decatur Property
The Alabama rules that shape any deal in Decatur: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Decatur Seller FAQ
How do I sell commercial property in Decatur, AL quickly?
Assemble a rent roll, 12 months of operating statements, the Morgan County tax bill and deposit records. Skyline Capital Investments buys 5+ unit apartment buildings in Decatur directly, so there is no listing period and you choose the closing date.
What taxes apply when I sell commercial real estate in Decatur, AL?
Alabama deed tax is $0.50 per $500 of value under Code 40-22-1, about $2,000 on a $2,000,000 sale. Owners selling commercial property in Decatur also hand buyers a yearly tax of about $18,120 on that building at 45.3 mills.
What are average rents in Decatur?
Median gross rent in Decatur is $896 a month, per ACS 2020-2024, below the Alabama median of $1,007. HUD's FY2027 fair market rent for a two-bedroom in the Decatur, AL MSA is $1,023, and a one-bedroom is $835.
How old are Decatur apartment buildings?
Decatur's median home was built in 1977, and 55.5% of its housing units predate 1980, per ACS 2020-2024 table B25034. Buildings of five or more units hold 4,397 homes, or 17.3% of Decatur's stock, versus 11.7% statewide.
Can Decatur limit rent increases?
No. Code of Alabama 11-80-8.1 bars local governments from any ordinance that controls the rent charged for private property. Deposits are capped at one month's rent and must be refunded or itemized within 60 days under Code 35-9A-201.
Will you buy a Decatur property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in Morgan County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Decatur?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
How fast can I sell my apartment building in Decatur?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Get An Offer Review In Decatur
A few details are enough to start. We respond to every Decatur submission, including off-market and pocket listings.
