3435-3513 Audubon Rd - Apartments FOR SALE
Montgomery, AL 36111 |
3435-3513 Audubon Rd
Montgomery, AL 36111
HIGHLIGHTS
- - Current ownership has renovated 75% of total units
- - New roofs on all buildings in Fall 2021
- - Montgomery is Alabama's 2nd largest city with a population of over 386,000
- - Located near the Maxwell-Gunter Air Force Base, offering high levels of government emplloyment
- - Montgomery market has experienced 3.6% 12-month effective rent growth and 8.8% market vacancy
- - New ownership, based upon area rent comps, can raise rents up to $146 / unit
FOR SALE DETAILS
PRICE
-
# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Cloverdale Estates
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
119786
STORIES
2
YEAR BUILT
1953
PARKING SPACES
142
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
10-09-29-2-004-005.000,10-09-29-2-004-006.000,10-09-29-2-004-007.000,10-09-29-2-004-009.000,10-09-29-2-005-003.000,10-09-29-2-005-004.000
