- For Sale $2,750,000
- Property Type Multi-Family
- Property Size 31,770 SF
- Units 23
- Lot Size 1 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Date Updated Dec 16, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- Highly Aggressive Returns | Well Above Market
- Value Add Opportunity | Further Renovations Strategy
- Priced Well Below Replacement Value | $87 Per Sq Foot
- Attractive Day One Returns With Upside
- Fully Occupied Section 8 Voucher Rental Portfolio
- Tenants Maintain Lawn Service and Pest Control
- Montgomery Alabama is Capital City of Alabama
- Award Winning Chamber of Commerce | Great Place to do Business
- Strategic Ability to Sell Individually Into Historically Strong Single Family Market
- Alabama Historically Low Real Estate Tax State
- Notable Economic Drivers | Hyundai Plant, Maxwell-Gunter AF Base, META Data Center,
- State Capitol of Alabama, Alabama State University, Amazon, Alfa Insurance
False
Contacts
Location
Getting Around
-
Walk Score ®
65/100 Somewhat Walkable -
Transit Score ®
30/100 Some Transit -
Bike Score ®
37/100 Somewhat Bikeable
- City Montgomery, AL
- Neighborhood Downtown Montgomery
- Zip Code 36109
Points of Interest
-
Circle K
0.30 miles
-
BP
0.58 miles
-
Exxon
0.60 miles
-
Chevron
1.28 miles
-
Blink
1.45 miles
-
Citgo
1.76 miles
-
Entec
2.03 miles
-
Z-Tec
2.04 miles
-
Murphy USA
2.06 miles
-
Pacecar
2.08 miles
-
One Commerce Street Parking
0.35 miles
-
Chamber of Commerce Parking
0.37 miles
-
Lot 5
7.56 miles
-
Lot 1
7.64 miles
-
DoubleTree by Hilton Hotel Montgomery Downtown
0.30 miles
-
Staybridge Suites Montgomery - Downtown
0.42 miles
-
SpringHill Suites
0.48 miles
-
Renaissance Montgomery Hotel & Spa at the Convention Center
0.50 miles
-
Embassy Suites Montgomery Hotel & Conference Center
0.60 miles
-
Stay Lodge
1.99 miles
-
Red Roof Inn Montgomery Midtown
2.20 miles
-
Destiny Inn
3.31 miles
-
America's Best Inns & Suites
3.74 miles
-
Hilton Garden Inn Montgomery East
3.78 miles
-
Cahawba House
0.23 miles
-
D'Road
0.31 miles
-
NYC Gyros
0.34 miles
-
Flames Grille
0.34 miles
-
Mellow Mushroom
0.40 miles
-
Wintzell's Oyster House
0.43 miles
-
Burger King
0.44 miles
-
Jimmy John's
0.45 miles
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Wendy's
0.46 miles
-
Wasabi Japanese Cuisine
0.46 miles
-
Jones Law School
0.06 miles
-
Baldwin Junior High School
0.16 miles
-
Troy University - Montgomery Campus
0.33 miles
-
Troy University
0.34 miles
-
Alabama Community College System
0.35 miles
-
Booker T Washington Junior High School
0.44 miles
-
Chilton Elementary School
0.45 miles
-
Central Area Vocational Center
0.49 miles
-
University Center School
0.68 miles
-
W B Paterson School
0.76 miles
Frequently Asked Questions
The space currently listed for sale at Capital City Residential Portfolio asks for $2,750,000.
Capital City Residential Portfolio totals 31,770 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
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