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Property summary
This Montgomery, Alabama multifamily investment opportunity presents a six-unit apartment building situated on Wesley Drive, zip code 36111. The property, built in 1958, consists of two, two-story buildings encompassing a total of 6,204 net rentable square feet. Currently, the occupancy rate is 50%, with four units occupied and two vacant. Four units are occupied, two with Section 8 tenants paying $595 per month, and another long-term tenant paying $650 monthly. One vacant unit requires… approximately $7,000 in renovations to become rent-ready. The asking price is $350,000, translating to $58,333.33 per unit. The property boasts a Net Operating Income (NOI) of $3,625, resulting in a 1.04% capitalization rate. Each unit features two bedrooms and one bathroom. Electrical systems have been updated to meet current code. This property offers a chance to acquire a cash-flowing investment, expand a portfolio, and contribute to the local housing market. The property's location in Montgomery County provides access to various amenities and a stable rental market. This is an excellent opportunity for investors seeking a proven income stream with potential for future growth.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,845 SF
- Lot area
- 0.48 ac
- Year built
- 1956
- Stories
- 2
- APN
- 10-09-30-4-014-007.000
- Zoning
- R-75-M
- Assessed value · 2023
- $34,240
- Annual tax · 2023
- $1,695
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this R-75-M district is to provide areas for the single family dwellings, two family units, Residential structures containing two, three or four family units, townhouses and necessary accessory uses.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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