40 Angels Ct Montgomery, AL 36109
This exceptional value-add investment opportunity presents a 8,016 square foot, Class B senior living facility situated on approximately 3.2 acres in Montgomery, Alabama. Built in 2003, the property consists of one building with 16 beds and is zoned R-100. Formerly part of a larger memory care campus, this facility is in excellent condition, having recently ceased operations within the past four months. Its prime location offers exceptional visibility and accessibility, adjacent to major retailers such as Publix, Starbucks, and NAPA Auto Parts, as well as several restaurants. The property benefits from its proximity to established neighborhoods including Dalraida, Johnstown, Forest Hills, College Grove, Bellehurst, and Fox Hollow. High traffic counts on Atlanta Highway (approximately 33,294 vehicles) further enhance its desirability. Strategic location advantages include proximity to Gunter Annex (approximately 1.7 miles), I-85 (approximately 2.6 miles), Downtown Montgomery (approximately 3.8 miles), and Maxwell Air Force Base (approximately 6.3 miles), serving a substantial population of active duty personnel, contractors, and retirees, as well as over 20,000 Air Force University students annually. The asking price is $375,000, translating to $46.78 per square foot. This presents a compelling opportunity for investors seeking a strong value-add project in a high-demand market. The property's size, condition, and location offer significant potential for redevelopment or repositioning within the thriving Montgomery market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.