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Six-Asset Apartment Portfolio
For Sale
Contact for pricing
Pending

4930 Park Towne Way, Montgomery, AL 36116

Nearly 800 units across Montgomery can be acquired individually or as a package.

Property SizeContact for details
Days on Market143

Property Features for 4930 Park Towne Way

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Birmingham
Listed By: Josh Jacobs · License #AL
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 7:42AM

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.

This multifamily offering comprises six apartment assets totaling nearly 800 units at 4930 Park Towne Way in Montgomery, Alabama. The properties are presented as a portfolio and may also be acquired individually, providing flexibility for different acquisition strategies.

The offering is available free and clear of existing debt. Montgomery serves as Alabama’s state capital, and the portfolio is positioned within the city’s workforce housing market. The properties can be purchased as a combined package or on an asset-by-asset basis.

Key Highlights

  • Six apartment assets offered together or individually
  • Nearly 800 units across the portfolio
  • Located at 4930 Park Towne Way in Montgomery, AL 36116

Property Analytics

Current Use

Townhomes at Montgomery Apartment Complex Montgomery Townhomes Townhouse Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Gym & Fitness Center 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

410
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 - Nearly 800 units across Montgomery can be acquired individually or as a package.
Where is this apartment building located?
The property is located at 4930 Park Towne Way Montgomery, AL.
What are key features of this property?
This property features: Six apartment assets offered together or individually; Nearly 800 units across the portfolio; Located at 4930 Park Towne Way in Montgomery, AL 36116
More about this property
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