Sorry, 534 Rosa L Parks Avenue is no longer available! Check Out These Other Great Properties Nearby or Search above to find active commercial real estate for sale or lease.
Island House Apartments for Sale.
163,082 SFPrice Upon Req.
Property tours will take place Wednesday April 23rd from 9am-2pm and Wednesday April 30th from 11am-4pm Local Time. Please contact James Adams at 205-414-7460 or firstname.lastname@example.org to schedule an appointment.Auction.com and Multi Housing Advisors present the opportunity to acquire Cambridge Park. The subject is a 172 unit, garden style apartment complex located in Montgomery, AL. The property consists of 28 two-story buildings and one single story building built in 1973 constructed of wood frame with brick veneer and wood trim exteriors. The property is located in a primarily residential neighborhood, approximately 5 miles from the Montgomery CBD and boasts a leasing office, onsite laundry facility, two pools and adequate surface parking. Unit amenities include refrigerator, electric range, dishwasher, balcony or patio, walk-in closets, central air and a fireplace in select units. The long-term outlook for the neighborhood is positive, as Montgomery is a vibrant and desirable location in which to work and live. The areas close proximity to all major employment centers will likely keep demand high, as new development will be in the outlying suburbs.
Rockingham Manor is located in Historic Cloverdale, close to downtown Montgomery, near specialty shops, restaurants, service stations and a great school district. Its great location and outstanding neighborhood makes Rockingham Manor a wonderful place to live. The property has 106 units and room for an additional 34 units to be built!
Charming triplex apartment building in great condition that stays leased. For income and expense information, contact agent.
Rental machine located across the street from Huntingdon College and in the heart of Old Cloverdale. This charming duplex has exhibited extreme stability and is very desirable for college students. The property has been well maintained and in good condition.
This remarkable property represents modern luxuries with old world charm, in a vibrant urban enviroment. 4 Residential units and 1 ground level commercial space, all of which are occupied. Located in the heart of the revitalization of downtown, one block off Dexter, this building is just down the street from AlleyStation, Renaissance Hotel, Riverfront and the New Brew Pub. Upscale and high end fixtures and finishes throughout, each unit is unique. Original flooring, 14 ft ceilings, exposed brick, tankless water heaters, garage parking, open kitchen layout and stainless appliances. This property most ideal for an owner occupant seeking cash flow. This complex needs only legal work to be subdivided into condos and sold individually.
Authentic bungalow styling makes this property visually appealing to young professionals. And they love the high ceilings, gleaming wood floors, big rooms and rich architectural detailing. Plus each apartment offers a bonus room that can be used as an extra bedroom, home office or craft area.
Corner Stone is currently operating at 100% occupancy. Property collections and expenses have been stable over the last 12 months. The property' s excellent location on Montgomery' s east side, the fastest growing part of the city, helps to ensure stable occupancy rates in the future. The attractive property site plan and full amenity package provide tenants with a host of benefits including washer/ dryers in all units, fireplaces and ceiling fans. A successful rent increase for the property is achievable. Corner Stone' s current rents are considered low by two different metrics: average rent and average rent per square foot. Targeted capital improvements and strategic expense savings can make further NOI growth achievable. The rent comparables study demonstrates Corner Stone' s average rental rate is almost $200 less than the average rent within its competitive set. Selective upgrades may allow for roughly a 25% increase in current rental rates.
41 unit apartment community located in Montgomery. One and two bedroom one bath units, some with w/d connections, seven buildings, great repositioning, possible tax credit or subsidized property and value add opportunity for investor