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101 Crossing Drive - The Crossings of Millbrook, Millbrook, AL

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101 Crossing Drive - The Crossings of Millbrook

Millbrook, AL 36054-2234 - Millbrook MF Submarket

Property Type:Multi-Family Number of Units:240 Status:Existing Year Built:2009
Stories:3 Building Size:264,624 SF Land Area:15.24 AC (663,854 SF)
For Sale Price:For Sale Price/Unit:- Cap Rate:- GRM:-

Parking:1.98 Parking Spaces / 1,000 SF

Sale Notes:
Greystone Brown Real Estate Advisors is pleased to present the exclusive listing of The Crossings of Millbrook, a premier, Class A property with durable HardiPlank and stacked stone construction in an upscale rapidly growing submarket of Montgomery, Alabama.

-Premier Accessibility to MSA' s Largest Employers in High Growth Submarket
-As the asset is visible from heavily trafficked Alabama Highway 14, it is exposed to 31,000 vehicles per day. This highway gives immediate access to I-65, which provides quick, easy commutes to Maxwell AFB, downtown Montgomery, and Hyundai. The property also is within easy walking distance of a new Walmart Supercenter, which is in the process of developing and leasing additional retail outparcels.
-Due to its accessibility and highly rated school system, the Millbrook area has seen outstanding population growth in recent years. Between 2000 and 2016, the
population rose 57% within a one-mile radius of subject (78% in a three-mile radius). Within the same period and radius, household formation grew 44% and 50%, respectively.

Greystone Real Estate Advisors
Bo Brown
(770) 594-1915 x111

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