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31-Unit Apartment Building
For Sale
Contact for pricing
Pending

395 Felder Ave, Montgomery, AL 36104

Updated multifamily property with strong occupancy and convenient access to Cloverdale dining, nightlife, and shopping.

Property SizeContact for details
Days on Market144

Property Features for 395 Felder Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 31
Listing Agency: Partners Realty
Listed By: Reg Mantooth, CCIM · License #AL- 000096856
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 9:14AM

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 Partners Realty

Investment Insights

Based on property information with market context.

The Flats on Felder is a 31-unit apartment complex at 395 Felder Ave in Montgomery, Alabama. Property improvements include refreshed building exteriors, resurfaced parking areas, upgraded apartment interiors, electrical updates, improved landscaping, and replacement HVAC systems and hot water heaters.

Located in the Old Cloverdale Historic area, the property is within walking distance of restaurants, bars, and shopping. Occupancy exceeds 97%, reflecting a stabilized operating profile following the recent capital improvements.

Key Highlights

  • 31‑unit apartment complex at 395 Felder Ave, Montgomery, AL 36104
  • Over 97% occupied following recent upgrades and improvements
  • Interior apartment updates and electrical system improvements

Property Analytics

Current Use

Hansen Rick Apartment Building

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store Garden 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

31
Residential units

Location Intelligence

Trade Area within ½ mile

578
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 - Updated multifamily property with strong occupancy and convenient access to Cloverdale dining, nightlife, and shopping.
Where is this apartment building located?
The property is located at 395 Felder Ave Montgomery, AL.
What are key features of this property?
This property features: 31‑unit apartment complex at 395 Felder Ave, Montgomery, AL 36104; Over 97% occupied following recent upgrades and improvements; Interior apartment updates and electrical system improvements
(334) 277-1077 Call to check price and availability
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