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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Apartment buildings
4930 Park Towne Way, Montgomery, AL 36116-2606
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US03-3073105
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Construction
FRAME
Total area
5,400 SF
Lot
12.61 ac (549,292 SF)
Zoning code
M-1
APN
10-07-35-3-001-008.000
UPID
US03-3073105
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
Current use
Occupant on record · Public records
-
Townhomes at Montgomery Apartment Complex
-
Montgomery Townhomes Townhouse Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$840k
Blend (final)
Blend
$615k
Owner & transaction history
Boomers Townhomes I LLC · 2 yrs held
Boomers Townhomes I LLC
since 2024
6 recorded transactions
Zoning & alternative use
M-1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$615,000
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
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
$114 / 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
$77,762
Tax year 2023
Assessed value
$1,922,140
Assessed 2023
Previous assessed
$1,922,140
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$50,440
Assessed improvement
$1,871,700
Land market value
$252,200
Improvement market value
$9,358,500
Total market value
$9,610,700
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
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
29
Stories
1
Units
108
Rooms
949
Bathrooms
120
Total area
5,400 SF
Lot
12.61 ac (549,292 SF)
Zoning code
M-1
APN
10-07-35-3-001-008.000
UPID
US03-3073105
Jurisdiction
MONTGOMERY
Zoning & alternative use
M-1 · Montgomery, AL
Zoning M-1 · permitted uses
M-1 · Montgomery, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montgomery. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
29
Units
108
Rooms
949
Bathrooms
120
Lot
12.61 ac
Current owner
From public records · entity-resolved
Boomers Townhomes I LLC
Entity
Mailing address
25 ALLIK WAY STE #101, SPRING VALLEY, NY 10977-8991
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
—
Boomers Townhomes I LLC
Thomas Ventures LLC
Warranty Deed
—
Sep 3, 2020
$7,104,000
Thomas Ventures LLC
Serenity Townhomes At Montgomery Ll
Warranty Deed
$3,190,000 · Servisfirst Bank
May 11, 2017
—
Serenity Twnhms At Montgomery
—
Deed
related
$3,750,000 · Valley Nat'l Bk
Oct 9, 2015
$3,450,000
Serenity Townhomes Of Montgomery
Olymphia Heights Apt Homes LLC
Warranty Deed
$3,500,000 · Glenda G Morgan Charitable Fou
Apr 17, 2008
$5,049,500
Olympia Heights Apartments Hm
Olympia Heights Apartments LLC
Warranty Deed
$4,999,000 · Sovereign Bank
—
—
Serenity Twnhms At Montgomery
—
Deed Of Trust
related
$3,750,000 · Valley Nat'l Bk
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.
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