500 N Montgomery Ave | Sheffield, AL 35660
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- LoopNet Team
500 N Montgomery Ave
Sheffield, AL 35660
Park Place | Proximity to US Hwy 72 · Multifamily Property For Sale
·
116 Units
Investment Highlights
- Mixed-use investment, encompassing three buildings and offering proximity to US Highway 72.
- Within a strong multifamily market, market rent per unit has grown 5% year over year.
- 500 N Montgomery Ave is located near national retailers, including Dollar General, Walmart Supercenter, Chick-fil-A, and more.
- Park Place offers immense value-add potential through residential, retail, and office lease-up.
- Residents living within a 2-mile radius have tallied a consumer spending total of over $136 million year-to-date.
- Property Includes 507 Nashville Ave, 515 Montgomery Ave, and 501 Montgomery Ave
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Hardwood Floors
- Carpet
- Wi-Fi
Site Amenities
- Business Center
- Clubhouse
- Laundry Facilities
- Property Manager on Site
- Breakfast/Coffee Concierge
- Wheelchair Accessible
- Maid Service
- On-Site Retail
- Smoke Free
- Wi-Fi
- Community-Wide WiFi
- Conference Rooms
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | - |
| 1+1 | 49 | - | - |
| 2+1 | 25 | - | - |
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