Multifamily
Park at Monticello
6037 Monticello Dr, Montgomery, AL 36117
Listing Price: Request For Offer
Investment Overview
Built in 1972, the property offers a sizable 112-unit masonry garden-style footprint across 15 buildings in an established Montgomery rental corridor.
Park at Monticello
Investment Highlights
- 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.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- 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.
Investment Overview
Built in 1972, the property offers a sizable 112-unit masonry garden-style footprint across 15 buildings in an established Montgomery rental corridor.
Exclusively Listed By
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