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Renovated 18-Unit Apartment Building
For Sale
Contact for pricing
Pending

6 Howard St, Montgomery, AL 36104

An 18-unit stabilized apartment property, fully renovated in 2022, currently 94% occupied with one unit down to studs.

Property SizeContact for details
Days on Market111

Property Features for 6 Howard St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 94%

Additional Details

Cap Rate 8.86%
Multifamily Units 18

Building Details

Year Renovated 2022
Listing Agency: VULCAN GROUP
Listed By: John Birk · License #AL #000103791
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 11 at 7:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VULCAN GROUP

Investment Insights

Based on property information with market context.

Howard Street Apartments is an 18-unit, stabilized apartment property fully renovated in 2022. The building is currently 94% occupied, with one remaining vacant unit that has been stripped down to the studs and is ready for rebuilding.

The property is located on Howard St in Montgomery, Alabama (36104). As presented, the asset’s renovation status and in-place occupancy profile are key characteristics for prospective owners evaluating current income and near-term turnover.

The available configuration is straightforward: an 18-unit multifamily building with management-ready occupancy, supported by a fully renovated scope completed in 2022, plus a single unit requiring redevelopment from the studs.

Key Highlights

  • 18‑unit apartment property at 10 Howard St, Montgomery, AL 36104
  • Fully renovated in 2022
  • 94% occupied with average rents of $906

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Big Box & Wholesale Store Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units
94%
Occupancy

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby

Demographics for 36104, AL

9,021
Population
5,265
Households
1.7
Avg Household Size
31
Median Age
26%
College-Educated
76%
High-School Grad
10.5 sq mi
ZIP Area
859
Density / Sq Mi
$34,975
Median Household Income
$21,668
Median Earnings
$787
Median Rent
$121,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - An 18-unit stabilized apartment property, fully renovated in 2022, currently 94% occupied with one unit down to studs.
Where is this apartment building located?
The property is located at 6 Howard St Montgomery, AL.
What are key features of this property?
This property features: 18‑unit apartment property at 10 Howard St, Montgomery, AL 36104; Fully renovated in 2022; 94% occupied with average rents of $906
More about this property
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