Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,165,000
Apartment buildings
2220 Es Blvd Montgomery, AL 36116-2405
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US03-0016492
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Total area
3,078 SF
Lot
11 ac (479,160 SF)
Zoning code
R-60-S
APN
10-08-33-2-003-002.002
UPID
US03-0016492
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.29M
Blend (final)
Blend
$7.17M
Owner & transaction history
Cambridge Place Apartments LLC · 4 yrs held
Cambridge Place Apartments LLC
since 2022
Last sale
$8.5M
4 recorded transactions
Zoning & alternative use
R-60-S · Montgomery, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montgomery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montgomery submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,350,000
ML approach
$6,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.17M
Range $6.45M – $7.88M · ±10% · vs last sale $8.50M (May 12 2022)
Last sale anchor
$8.50M
May 12 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$2,328 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$81,366
Tax year 2023
Assessed value
$1,438,620
Assessed 2023
Previous assessed
$1,438,620
+0.0% YoY
Effective rate
5.66%
On assessed value
Assessed land
$55,000
Assessed improvement
$1,383,620
Land market value
$275,000
Improvement market value
$6,918,100
Total market value
$7,193,100
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
YES
Buildings
29
Stories
1
Units
105
Rooms
1
Bathrooms
82
Total area
3,078 SF
Lot
11 ac (479,160 SF)
Zoning code
R-60-S
APN
10-08-33-2-003-002.002
UPID
US03-0016492
Jurisdiction
MONTGOMERY
Zoning & alternative use
R-60-S · Montgomery, ALZoning R-60-S · permitted uses
R-60-S · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
29
Units
105
Rooms
1
Bathrooms
82
Lot
11 ac
Current owner
From public records · entity-resolved
Cambridge Place Apartments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
135 ROCKAWAY TPKE, LAWRENCE, NY 11559-1031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2022
$8,500,000
Cambridge Place Apartments LLC
Cambridge Park Apartments LLC
Warranty Deed
—
Dec 24, 2014
—
Ana P Hall Construction LLC
Southern Holdings II LLC
Warranty Deed
$2,600,000 · Antos Lending Associates Corp Antos Lending Associates Corp
May 2, 2007
$8,000,000
Southern Holdings II LLC
Dai IV LLC
Warranty Deed
$3,600,000 · Mill Pond Funding LLC
—
—
Ana Phall Construction LLC
—
Deed Of Trust
related
$900,000 · Antos Lending Assoicates Corp Antos Lending Assoicates Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2220 Es Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
