Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio

For Sale

4700-4930 Park Towne Way & 4900 Plaza Dr Montgomery, Montgomery, AL 36116

This Montgomery property for sale is located at 4700-4930 Park Towne Way & 4900 Plaza Dr Montgomery. Contact the listing broker for details on the current sale price for Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio. Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio is situated on a lot that is 27.81 acre in size.

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Property Details

  • Property Type Multi-Family
  • Property Size 484,323 SF
  • Units 511
  • Lot Size 27.81 Acre
  • # of Floors 2
  • Year Built 1972
  • Date Updated May 15, 2026

 511 Units Across Three Montgomery, AL Assets — Immediate portfolio scale in the Montgomery market with The Oaks (144 units), Townhomes at Montgomery (191 units) and Serenity at the Park (176 units).

  • Deep Discount to Replacement Cost — Combined acquisition basis is well below replacement cost, even when factoring in the estimated $13.85 million ($27,103/unit) capital improvement program.
  • Built-In Operational Efficiency — Two adjacent properties and one only .8 miles away enable shared management, maintenance, and vendor contracts, materially reducing per-unit overhead versus standalone operations.
  • Diversified Product and Floorplan Mix — The portfolio spans conventional apartments and townhome-style units across a mix of one, two and three-bedroom floorplans broadening tenant appeal.
  • Growing Montgomery Economy — Recent capital commitments from Hyundai ($200M expansion) and Meta (data center campus to 1.3M SF) complement established employment anchors including Maxwell-Gunter AFB and the State of Alabama.
  • Stable, Diversified Market Fundamentals — Montgomery's economy is anchored by Maxwell-Gunter AFB (12,000+ employees), the State of Alabama (10,000+), Baptist Health, and Hyundai, with a 46% renter-occupied household rate supporting durable demand.

SVN | AVAT Realty, in conjunction with RealINSIGHT Marketplace, is pleased to present The Oaks, Townhomes at Montgomery & Serenity at the Park Portfolio, a 511-unit multifamily investment opportunity comprising three properties — The Oaks (144 units), Townhomes at Montgomery (191 units), and Serenity at the Park (176 units) — located at 4700 and 4930 Park Towne Way and 4900 Plaza Drive in Montgomery, Alabama.

The portfolio totals approximately 484,323 rentable square feet across a mix of conventional apartment and townhome-style units, with an average unit size of approximately 948 square feet. The assets are located within the established southeastern Montgomery submarket, offering strong connectivity to I-85, Eastern Boulevard, and major retail and employment corridors.

Currently approximately 8% occupied (with Serenity at the Park fully vacant), the portfolio presents a significant value-add opportunity requiring an estimated $13.85 million in capital improvements. The scope includes interior unit renovations, exterior site work, and roofing across all three properties.

The scale of the portfolio, combined with the renovation and lease-up strategy, offers investors the opportunity to reposition a sizable multifamily footprint within a consistent submarket. Comparable post-rehabilitation sales within the immediate area support the overall investment thesis. Interested investors are encouraged to review the diligence materials and underwrite accordingly.

Auctioneer: Daniel Culps c/o Fisher Auction Company Inc. License: 5070. Starting Bid: $1,250,000 

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Location

  • City Montgomery, AL
  • Neighborhood Executive Park
  • Zip Code 36116
  • Market Columbus GA

Points of Interest

  • Chevron

    0.91 miles

  • Exxon

    0.95 miles

  • Shell

    1.11 miles

  • RaceWay

    1.90 miles

  • Montgomery, AL Supercharger

    4.90 miles

  • Blink

    6.92 miles

  • Lot 5

    4.41 miles

  • Lot 1

    4.52 miles

  • One Commerce Street Parking

    5.98 miles

  • Chamber of Commerce Parking

    6.00 miles

  • Rodeway Inn

    0.25 miles

  • Days Inn - Montgomery / Troy Highway

    0.33 miles

  • Baymont Montgomery South

    0.50 miles

  • InTown Suites Montgomery

    0.55 miles

  • Home Inn & Suites Montgomery

    0.56 miles

  • Budget Inn

    0.70 miles

  • The Governors House Hotel & Convention Center

    1.33 miles

  • Extended Stay America - Montgomery - Eastern Blvd.

    1.89 miles

  • Wingate by Wyndham Montgomery

    2.20 miles

  • Econo Lodge Inn & Suites

    2.61 miles

  • Walmart Supercenter

    0.24 miles

  • TJ Maxx

    1.65 miles

  • ALDI

    2.43 miles

  • Publix

    3.00 miles

  • Winn-Dixie

    3.32 miles

  • Walmart Neighborhood Market

    3.51 miles

  • Whole Foods Market

    4.22 miles

  • Eastdale Mall

    4.55 miles

  • The Shoppes at Eastchase

    4.58 miles

  • Dillard's

    4.62 miles

Contact Listing Broker
RI Marketplace Marketing

RealINSIGHT Marketplace

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