Contacts

Gene Cody, CCIM

Moore Company Realty

(334) 386-2441

Property Details

Property Type Other
Property Size 119,282 SF
Units 76
Property Tenancy Multi-Tenant
Date Updated Apr 23, 2024

The City Of Montgomery Should Experience Steady Growth Over The Next Few Years. The Stable Economic Base, Cultural Amenities, Location, and Population Growth Are Positive Factors For Real Estate Investment And Development Activities. Hyundai is Located On The Outskirts Of Montgomery And Built A $1 Billion Plant, The First Of Its Kind In The United States. Secondary Automotive Plants Have Also Located In Montgomery, As Well. Growth In The Eastern Section Of Montgomery And Revitalizations Of Urban Areas, Such As The Montgomery Central Business District Are Expected To Continue.76 Single-Family Home Investment Portfolio in Montgomery, AL

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Highlights

76 Single-Family Rental Properties
Financials available upon request
Total SF of Properties 119,282
Price $79.00 PSF
Unit Mix 2 Bedrooms, 3 Bedrooms, 4 Bedrooms & 5 Bedrooms
Investment Sale
8.77% Cap Rate
Montgomery's population is 198,665±
Population growth of 7.21% since 2000
Excellent Opportunity with Unique Mix of Homes for Value Add and/or Substantial Long Term Hold for Rental & Value Growth

Getting around

25/100
Bike Score ®

Powered by Walk Score ®

City Montgomery, AL
Neighborhood Waller Creek
Zip Code 36116

Points of Interest

Montgomery Union Station

9.45 miles

Marathon

2.80 miles
Chevron

2.89 miles
Liberty

3.16 miles
RaceWay

3.22 miles
Marathon

3.89 miles
Shell

3.94 miles
Shell

4.43 miles
BP

4.44 miles
Chevron

4.58 miles
RaceWay

4.65 miles

Lot 5

7.53 miles
Lot 1

7.62 miles
One Commerce Street Parking

9.17 miles
Chamber of Commerce Parking

9.19 miles

Budget Inn

3.31 miles
Home Inn & Suites Montgomery

3.44 miles
Baymont by Wyndham Montgomery South

3.48 miles
Days Inn - Montgomery / Troy Highway

3.64 miles
Rodeway Inn

3.75 miles
InTown Suites Montgomery

4.42 miles
The Governors House Hotel & Convention Center

4.58 miles
Extended Stay America - Montgomery - Eastern Blvd.

5.71 miles
Wingate by Wyndham Montgomery

6.06 miles
Econo Lodge Inn & Suites

6.39 miles

Walmart Supercenter

4.18 miles
Publix

5.52 miles
Winn-Dixie

5.70 miles
Walmart Neighborhood Market

5.95 miles
Aldi

6.28 miles
Whole Foods Market

7.12 miles
The Shoppes at Eastchase

7.33 miles
Dillard's

7.33 miles
Kohl's

7.36 miles
ALDI

7.44 miles

In-Depth Research Available for this Property

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76 Single-Family Home Investment Portfolio