Masonry Garden-Style Apartment
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For Sale
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6037 Monticello Dr, Montgomery, AL 36117
Located in an established Montgomery rental corridor.
Property Size148,772 SF
Days on Market4
Property Features for 6037 Monticello Dr
General Information
Standard status
Active
Size
148,772 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
112
Amenities
The Park at Monticello is currently 95.5% occupied, providing investors with immediate in-place cash flow and a stabilized operating base from day one.
The 112-unit community features 24 one-bedroom and 88 two-bedroom units, with an average unit size of 944 square feet and strong appeal to workforce renters
Current vacancy sits at just 4.5%, well below the 14.0% vacancy rate for comparable 1–3 star properties in the surrounding Outer East Montgomery submarket.
Building Details
Building Size
148,772 SF
Year Built
1972
Buildings
15
Units
112
Construction
masonry garden-style
Listed By:
Lloyd Escue · License #License(s): AL: 000132234 - 0
(205) 510-9132
Source:
Marcusmillichap
Added: Sep 9
Last Checked: Sep 9 at 3:27PM
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 Lloyd Escue
Investment Insights
Based on property information with market context.
This apartment property comprises 112 units arranged across 15 buildings, with masonry construction and a garden-style configuration. Completed in 1972, the community offers a substantial multifamily footprint suited to an established rental setting.
The property is located at 6037 Monticello Dr in Montgomery, Alabama, within an established Montgomery rental corridor. Its multi-building layout and unit count define a sizeable apartment community serving the local residential market.
The property is located at 6037 Monticello Dr in Montgomery, Alabama, within an established Montgomery rental corridor. Its multi-building layout and unit count define a sizeable apartment community serving the local residential market.
Key Highlights
- 112‑unit apartment property
- 15‑building garden‑style configuration
- Masonry construction
Property Analytics
Current Use
Lease Details
112
Residential units
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 36117, AL
53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
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 - Located in an established Montgomery rental corridor.
Where is this apartment building located?
The property is located at 6037 Monticello Dr Montgomery, AL.
What are key features of this property?
This property features: 112‑unit apartment property; 15‑building garden‑style configuration; Masonry construction
