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Highland Village Apartments 1024 Day Street Rd 88 Unit Apartment Building $4,400,000 ($50,000/Unit) 9.19% Cap Rate Montgomery, AL 36108
Property Facts
| Price | $4,400,000 | Building Class | C |
| Price Per Unit | $50,000 | Lot Size | 21.75 AC |
| Sale Type | Investment | Building Size | 54,296 SF |
| Cap Rate | 9.19% | Average Occupancy | 96% |
| No. Units | 88 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2020 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | M-3 | ||
| Price | $4,400,000 |
| Price Per Unit | $50,000 |
| Sale Type | Investment |
| Cap Rate | 9.19% |
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 21.75 AC |
| Building Size | 54,296 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2020 |
| Opportunity Zone |
Yes |
| Zoning | M-3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Tile Floors
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 494 |
| 2+1 | 56 | - | 670 |
| 3+1.5 | 16 | - | 790 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 11-06-14-3-011-001.000 | Improvements Assessment | $45,360 |
| Land Assessment | $41,580 | Total Assessment | $86,940 |
Property Taxes
Parcel Number
11-06-14-3-011-001.000
Land Assessment
$41,580
Improvements Assessment
$45,360
Total Assessment
$86,940
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Highland Village Apartments | 1024 Day Street Rd
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