Apartment Acquisitions · Florence
Sell Your Commercial Property In Florence, AL
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Florence and across Lauderdale County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- 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
Florence Submarkets: Downtown Florence · Muscle Shoals · Sheffield · Tuscumbia — Lauderdale County, AL
Local Demand
Our View On Florence
Florence, in Lauderdale County, is home to 41,701 residents, per ACS 2020-2024. Renters hold 47.9% of Florence's occupied homes, and median gross rent is $820 a month. Median household income in Florence is $52,174 a year (table B19013). Owners preparing to sell commercial property in Florence, 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 Lauderdale County millage table.
University of North Alabama
UNA in Florence passed 10,000 students in the first week of fall 2025, per the university.Lauderdale County manufacturers
NAIDA lists Southwire at 340 jobs and Thacker Casket at 250 among Lauderdale County's top plants.Colbert County plants
Across the river in Colbert County, NAIDA lists North American Lighting at 1,700 and Constellium at 1,200 jobs.Our Buy Box
What We Buy In Florence
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
Florence Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Florence
Renters occupy 47.9% of Florence's 17,745 occupied homes, or 8,506 households, per ACS 2020-2024 tenure data. Buildings of five or more units hold 4,642 homes, 23.0% of Florence's housing stock (table B25024). The median Florence home was built in 1973, and 61.5% of units predate 1980 (table B25034).
Rents and affordability in Florence
Median gross rent in Florence is $820 a month, per ACS 2020-2024. That sits $187 below the Alabama median of $1,007. Some 34.9% of Florence renter households spend 30% or more of income on housing (table B25070).
| Unit size | HUD FY2027 FMR, Florence-Muscle Shoals, AL MSA |
|---|---|
| Efficiency | $760 |
| One-bedroom | $834 |
| Two-bedroom | $1,085 |
| Three-bedroom | $1,348 |
| Four-bedroom | $1,426 |
The two-bedroom figure under HUD's FY2027 fair market rents runs $265 above Florence's median gross rent.
Property taxes in Lauderdale County
Florence parcels in Lauderdale County carry 49.0 mills: 6.5 state, 10.5 county, 18.0 school and 14.0 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 $19,600 a year.
Owners who sell commercial property in Florence, AL pay deed tax of $0.50 per $500 of value, about $2,000 on $2,000,000 with no existing mortgage (Code 40-22-1). A change in ownership resets taxable value to full assessed value under the HB73 7% cap. 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). Florence cannot adopt rent control under Code 11-80-8.1.
Owners preparing to sell commercial real estate in Florence, AL should keep a deposit ledger that matches these limits.
What it means for a Florence owner
To sell commercial property in Florence, AL, price the building against $820 median rent and a 49.0-mill tax load. Florence's 47.9% renter share runs well above the Alabama rate of 29.8%, per ACS 2020-2024.
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 Florence.
Local Knowledge
What Shapes A Florence Offer
More about selling in Alabama →Investing in Florence? See apartment syndications in Florence →
- Florence posts a 6.6% rental vacancy rate, per ACS 2020-2024 profile table DP04.
- To sell multifamily property in Florence, expect buyers to model 49.0 mills on assessed value.
- Owners who sell commercial real estate in Florence, AL pay deed tax of $0.50 per $500.
Seller Guides
Selling A Building In Florence
Learn More
Taxes & Rules For Florence Property
The Alabama rules that shape any deal in Florence: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Florence Seller FAQ
How do I sell commercial property in Florence, AL quickly?
Assemble a rent roll, 12 months of operating statements, the Lauderdale County tax bill and deposit records. Skyline Capital Investments buys 5+ unit apartment buildings in Florence directly, so there is no listing period and you choose the closing date.
What taxes apply when I sell commercial real estate in Florence, 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 Florence also hand buyers a yearly tax of about $19,600 on that building at 49.0 mills.
What are average rents in Florence?
Median gross rent in Florence is $820 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 Florence-Muscle Shoals, AL MSA is $1,085, and a one-bedroom is $834.
How old are Florence apartment buildings?
The median Florence home was built in 1973, and 61.5% of its housing units predate 1980, per ACS 2020-2024 table B25034. Buildings of five or more units hold 4,642 homes, or 23.0% of Florence's stock, versus 11.7% statewide.
Can Florence 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.
What if my Florence building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Lauderdale 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 Florence?
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.
What do I need to sell my apartment building in Florence?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Tell Us About Your Property In Florence
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
