Multifamily Apartment Portfolio
2553 Lower Wetumpka Rd Montgomery, AL 36110
2553 Lower Wetumpka Rd, Montgomery, AL, 36110
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For Sale
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Portfolio of six multifamily assets offered free and clear, totaling nearly 800 units in Alabama’s state capital.
Days on Market103
Property Features for 2553 Lower Wetumpka Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Marcus & Millichap - Birmingham
Listed by
Josh Jacobs · License #AL
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 7:13AM Checked: Jul 22 at 12:27PM
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 Marcus & Millichap - Birmingham
Investment Insights
Based on property information with market context.
The Montgomery 795 portfolio is an apartment and multifamily offering consisting of six assets totaling nearly 800 units in Alabama’s state capital. The portfolio is being offered free and clear of existing debt, and each asset may be purchased individually or together as a package.
The address for the offering is 2553 Lower Wetumpka Rd, Montgomery, AL 36110. The remarks cite Hyundai Motor Company as a primary economic and employment driver in the market, noting Hyundai’s planned electric vehicle production in Montgomery beginning in 2022 as part of a $7.4 billion U.S. investment over the following four years.
For ownership, the offering is positioned to provide workforce housing at a multi-property scale through the six-asset structure, with the ability to pursue a single-property purchase or a consolidated portfolio acquisition.
The address for the offering is 2553 Lower Wetumpka Rd, Montgomery, AL 36110. The remarks cite Hyundai Motor Company as a primary economic and employment driver in the market, noting Hyundai’s planned electric vehicle production in Montgomery beginning in 2022 as part of a $7.4 billion U.S. investment over the following four years.
For ownership, the offering is positioned to provide workforce housing at a multi-property scale through the six-asset structure, with the ability to pursue a single-property purchase or a consolidated portfolio acquisition.
Key Highlights
- Portfolio of six multifamily assets in Alabama’s state capital, offered free and clear of existing debt
- Portfolio totals nearly 800 units across six assets
- Assets may be purchased individually or as a package
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FAQs
What type of property is this?
Apartment building - Portfolio of six multifamily assets offered free and clear, totaling nearly 800 units in Alabama’s state capital.
Where is this apartment building located?
The property is located at 2553 Lower Wetumpka Rd Montgomery, AL.
What are key features of this property?
This property features: Portfolio of six multifamily assets in Alabama’s state capital, offered free and clear of existing debt; Portfolio totals nearly 800 units across six assets; Assets may be purchased individually or as a package
