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Apartment Building Portfolio Asset
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4581 Narrow Lane Rd, Montgomery, AL 36116

Apartment asset offered individually or as part of a broader multifamily portfolio.

Property SizeContact for details
Days on Market143

Property Features for 4581 Narrow Lane Rd

General Information

Standard status Active
Property subtype Multifamily

Building Details

Buildings 6
Listing Agency: Matthews
Listed By: Caleb Frizzell · License #000114503-0
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 3:32AM

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 Matthews

Investment Insights

Based on property information with market context.

This apartment building is located at 4581 Narrow Lane Rd in Montgomery, Alabama, and is included in a multifamily portfolio comprising six assets and nearly 800 units. The property is classified as an apartment building and is being marketed for sale.

Ownership may acquire the asset separately or purchase the full portfolio. The offering is presented free and clear of existing debt, providing flexibility for buyers evaluating an individual acquisition or a larger multifamily platform.

Key Highlights

  • Included within a six‑asset portfolio totaling nearly 800 units
  • Available for individual acquisition or as part of the complete portfolio
  • Offered free and clear of existing debt

Property Analytics

Current Use

Narrow Lane Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Building Supply Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

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

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 - Apartment asset offered individually or as part of a broader multifamily portfolio.
Where is this apartment building located?
The property is located at 4581 Narrow Lane Rd Montgomery, AL.
What are key features of this property?
This property features: Included within a six‑asset portfolio totaling nearly 800 units; Available for individual acquisition or as part of the complete portfolio; Offered free and clear of existing debt
More about this property
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