242-Unit Apartment
For Sale
Contact for pricing
3364 Fountain Ln, Montgomery, AL 36116
The community includes renovated apartments and a mix of one-, two-, and three-bedroom floor plans.
Property SizeContact for details
Days on Market144
Property Features for 3364 Fountain Ln
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
242
Listing Agency:
Aline Capital
Listed By:
Jonathan Kessler · License #932079
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 9:18PM
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 Aline Capital
Investment Insights
Based on property information with market context.
This apartment community contains 242 units arranged in one-, two-, and three-bedroom floor plans. The current ownership acquired the property in 2020 and has since completed renovations, remodeling, and rebranding across 162 units. Washer and dryer hookups have been added to every two- and three-bedroom apartment, while additional units remain available for future renovation as leases expire.
Located at 3364 Fountain Ln in Montgomery, Alabama, the property provides access to major highways, local schools, area employers, shopping, and dining. The introduction of ready-to-occupy inventory has contributed to a 20% increase in occupancy. The property’s renovated units, varied floor plans, and ongoing unit-improvement program provide a defined physical platform for continued management and renovation activity.
Located at 3364 Fountain Ln in Montgomery, Alabama, the property provides access to major highways, local schools, area employers, shopping, and dining. The introduction of ready-to-occupy inventory has contributed to a 20% increase in occupancy. The property’s renovated units, varied floor plans, and ongoing unit-improvement program provide a defined physical platform for continued management and renovation activity.
Key Highlights
- 242‑unit apartment community at 3364 Fountain Ln, Montgomery, AL 36116
- One-, two-, and three‑bedroom apartment floor plans
- 162 units renovated, remodeled, and rebranded by current ownership
Property Analytics
Current Use
Lease Details
242
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 36116, AL
43,840
Population
20,007
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
91%
High-School Grad
53.4 sq mi
ZIP Area
821
Density / Sq Mi
$53,973
Median Household Income
$33,039
Median Earnings
$1,056
Median Rent
$137,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - The community includes renovated apartments and a mix of one-, two-, and three-bedroom floor plans.
Where is this apartment building located?
The property is located at 3364 Fountain Ln Montgomery, AL.
What are key features of this property?
This property features: 242‑unit apartment community at 3364 Fountain Ln, Montgomery, AL 36116; One-, two-, and three‑bedroom apartment floor plans; 162 units renovated, remodeled, and rebranded by current ownership
