Garden-Style LIHTC Apartment
For Sale
$3,731,172
2201 Upper Wetumpka Rd, Montgomery, AL 36107
Well-maintained four-building multifamily community with 65 LIHTC units in extended-use, featuring controlled access and in-unit hookups.
Property Size56,838 SF
Days on Market119
Property Features for 2201 Upper Wetumpka Rd
General Information
Standard status
Active
Size
56,838 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
65
Amenities
controlled access entry points
washer/dryer hookups
balconies
laundry room
Building Details
Building Size
56,838 SF
Year Built
1973
Construction
garden-style
Listing Agency:
SVN | Chicago - Corporate
Listed By:
Reid Bennett, CCIM
(773) 251-7342
Source:
Svn
Added: May 14
Changed: Aug 31
Last Checked: Sep 8 at 6:59AM
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 SVN | Chicago - Corporate
Investment Insights
Based on property information with market context.
Well-maintained four-building garden-style multifamily community offering 65 Low-Income Housing Tax Credit (LIHTC) units operating in its extended-use period. The property is positioned as a resyndication opportunity, with the ability to re-enter the LIHTC program as part of the extended period.
Residents benefit from controlled access entry points and in-unit washer/dryer hookup convenience. Select units also include private balconies. For on-site functionality, the community has a dedicated laundry room providing additional resident convenience.
Overall, the configuration supports a streamlined operating model for a stabilized LIHTC apartment community, with unit and common-area amenities focused on day-to-day resident needs.
Residents benefit from controlled access entry points and in-unit washer/dryer hookup convenience. Select units also include private balconies. For on-site functionality, the community has a dedicated laundry room providing additional resident convenience.
Overall, the configuration supports a streamlined operating model for a stabilized LIHTC apartment community, with unit and common-area amenities focused on day-to-day resident needs.
Key Highlights
- Four‑building garden‑style multifamily community with 65 LIHTC units
- Operating in its extended‑use period for LIHTC; property is in QCT Opportunity to resyndicate 100% LIHTC
- Controlled‑access entry points (secure living) for residents
Property Analytics
Current Use
Lease Details
65
Residential units
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
Demographics for 36107, AL
8,418
Population
3,995
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
84%
High-School Grad
3.2 sq mi
ZIP Area
2,631
Density / Sq Mi
$31,895
Median Household Income
$27,173
Median Earnings
$883
Median Rent
$69,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained four-building multifamily community with 65 LIHTC units in extended-use, featuring controlled access and in-unit hookups.
Where is this apartment building located?
The property is located at 2201 Upper Wetumpka Rd Montgomery, AL.
What is the asking price?
The asking price for this property is $3,731,172.
What are key features of this property?
This property features: Four‑building garden‑style multifamily community with 65 LIHTC units; Operating in its extended‑use period for LIHTC; property is in QCT Opportunity to resyndicate 100% LIHTC; Controlled‑access entry points (secure living) for residents
