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Apartments in Small Alabama City Trade for Big City Price

Lack of New Projects in Area Drove Up Price
An aerial view of Palladian at Daphne, an apartment complex in Daphne, Alabama. (CoStar)
An aerial view of Palladian at Daphne, an apartment complex in Daphne, Alabama. (CoStar)
CoStar News
January 23, 2020 | 10:59 P.M.

An apartment complex in Daphne, Alabama, a small city 11 miles east of Mobile, has sold in a record deal for Baldwin County, where strong job growth and sturdy economic fundamentals have been driving demand for real estate investment in the area.

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