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The Flats at Midtown apartments in Mobile, AL

Updated

The Flats at Midtown

2656 Pathway Pl, Mobile, AL 36606, USA

Live pricing, refreshed

4
Units Listed
$740
Starting at
$917
Average
$1,084
Highest
$1.17
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Carlen rent trends

Beds

Pricing by Bedroom

2 Bed
$760
from $740 · 2 units
~644 sqft avg
3 Bed
$1,074
from $1,064 · 2 units
~917 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (7)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$208K

$2.5M annual run rate

Est. Occupancy

98%

of about 245 units (reported building size)

Effective Rent on New Leases

$861

vs $917 current asking ($56 negotiation gap)

Recent Lease Activity

30 units tracked; 26 assumed leased, 4 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

4

Limited availability

3 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Mobile, AL

Similar
The Flats at Midtown
$740
Crossings At Pinebrook
$781

Comparing this building against 1 similar Mobile, AL apartments by price. Click any bar to view that building.

See rent trends on the Mobile, AL map Explore Mobile, AL on the interactive map

Available Units

4 units
2 Bed / 1 Bath 2x1 640 UP
$740/mo
640 ft² · $1.16/ft² · #PP-2618B
2 Bed / 1 Bath 2x1 648
$780/mo
648 ft² · $1.20/ft² · #FS-2573A
Up $70 since Aug 21 (was $710)
3 Bed / 2 Bath 3x2 917
$1,064/mo
917 ft² · $1.16/ft² · #PP-2586A
Down $56 since Aug 20 (was $1,120)
3 Bed / 2 Bath 3x2 917
$1,084/mo
917 ft² · $1.18/ft² · #PP-2607A
Down $56 since Aug 20 (was $1,140)

Train activity

Train activity nearby

Freight line 2,357 ft away · 2 trains/day

  • 1 daytime, 1 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: ALE

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Mobile, AL notes

No resident notes for this property yet.

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