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Furnished Short-Term Rental Property
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1712 Rhodes St, Montgomery, AL 36106

Renovated units offer in-place laundry, designer furnishings, and technology-enabled remote management.

Property SizeContact for details
Days on Market142

Property Features for 1712 Rhodes St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Furnished Yes

Amenities

washer/dryer in unit
Listing Agency: Harbert Multifamily Advisors
Listed By: Bishop Escue · License #000132245-0
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:49PM

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 Harbert Multifamily Advisors

Investment Insights

Based on property information with market context.

Olive Forest Apartments is a renovated short-term rental property configured for mid-term stays. The offering includes furniture throughout the units, upgraded interior and exterior finishes, and a washer and dryer in every unit. Operations are supported remotely through Wi-Fi-connected Schlage locks, smart thermostats, and online unit walk-throughs.

The property is located at 1712 Rhodes St in Montgomery, Alabama, just blocks from Jackson Hospital and a couple of miles from Baptist Jackson Hospital. Its proximity to medical centers supports demand from travel nurses and other mid-term occupants. The property has historically maintained 100% occupancy and is offered completely furnished. The stated cap rate is just below 8%.

Key Highlights

  • Renovated short‑term rental property configured for mid‑term stays
  • Located just blocks from Jackson Hospital and a couple of miles from Baptist Jackson Hospital
  • Historically maintained 100% occupancy, with frequent tenant waitlist demand

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Home Appliance Store

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby

Demographics for 36106, AL

15,438
Population
7,236
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
96%
High-School Grad
6.2 sq mi
ZIP Area
2,490
Density / Sq Mi
$71,202
Median Household Income
$40,398
Median Earnings
$1,138
Median Rent
$207,400
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?
Short term rental property - Renovated units offer in-place laundry, designer furnishings, and technology-enabled remote management.
Where is this short term rental property located?
The property is located at 1712 Rhodes St Montgomery, AL.
What are key features of this property?
This property features: Renovated short‑term rental property configured for mid‑term stays; Located just blocks from Jackson Hospital and a couple of miles from Baptist Jackson Hospital; Historically maintained 100% occupancy, with frequent tenant waitlist demand
More about this property
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