Listed by SVN | JJMottram, SVN | Chicago Commercial
$3,731,172
2201 UPPER WETUMPKA RD MONTGOMERY AL 36107
Details
APN 10-03-05-4-004-036.000
Property Type Multifamily, Office
Sub Type Apartment Building
Square Footage 56,838
Units 80
Pro-Forma Cap Rate 6.50%
Pro-Forma NOI $242,526
Price per SqFt $66
Year Built 1973
Year Renovated 2008
Buildings 4
Stories 2
Acreage 7.070
Zoning B-2
Parking Spaces spaces
Investment Type Value Add
100% LIHTC in Extended Use Period
Marketing description
- Sale Price: $3,731,172
- Proforma NOI: $242,526
- Proforma CAP: 6.5%
- Building Size: 56,838 sq. ft.
- Units: 65
- Year Built: 1973
- Year Renovated: 2008
- Misc: 100% LIHTC in Extended Period
Investment highlights
- Secure Living: Controlled access entry points provide peace of mind and enhanced security for all residents.
- Private Outdoor Space: Select units include balconies, offering residents private fresh-air retreats.
- On-Site Facilities: A dedicated laundry room provides additional convenience and a steady secondary income stream for the owner
- Location: Property in close proximity to Montgomery CBD, Grocery, Walmart, Hospitals and commuter routes.
Listing Contacts
Listed by SVN | JJMottram, SVN | Chicago Commercial
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