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The Lofts at Cottage Hill 501 Clayton St 40 Unit Apartment Building $3,350,000 ($83,750/Unit) Montgomery, AL 36104
Investment Highlights
- Prime Location: Minutes to downtown Montgomery dining, retail, and entertainment
- Strong Market Fundamentals: Proximity to Maxwell Air Force Base and local employment centers
- Recent Upgrades: Roof replacement, exterior painting, and refreshed landscaping
Executive Summary
UPDATED PRICING. Partners Realty offers For Sale a 40-unit multifamily complex in Montgomery, Alabama. Situated in a quiet, historic neighborhood just minutes from downtown Montgomery, this well-maintained 40-unit multifamily property offers an exceptional investment opportunity with strong, stable returns. Boasting consistently high occupancy rates of over 94%, the complex benefits from a desirable location with easy access to downtown restaurants, entertainment, and Maxwell Air Force Base.
Recent improvements—including fresh landscaping, new roof installation, and exterior painting—enhance curb appeal and minimize near-term capital expenditures. Professional property management is already in place, ensuring smooth day-to-day operations and tenant satisfaction.
Whether you're looking to expand your portfolio with a stable, income-producing asset or seeking a turnkey investment in a growing Southern market, this multifamily complex delivers both convenience and long-term value.
Recent improvements—including fresh landscaping, new roof installation, and exterior painting—enhance curb appeal and minimize near-term capital expenditures. Professional property management is already in place, ensuring smooth day-to-day operations and tenant satisfaction.
Whether you're looking to expand your portfolio with a stable, income-producing asset or seeking a turnkey investment in a growing Southern market, this multifamily complex delivers both convenience and long-term value.
Property Facts
| Price | $3,350,000 | Lot Size | 0.85 AC |
| Price Per Unit | $83,750 | Building Size | 26,360 SF |
| Sale Type | Investment | Average Occupancy | 95% |
| No. Units | 40 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1946/2016 |
| Property Subtype | Apartment | Parking Ratio | 1.9/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | T4 - Medium-density residential and mixed-use | ||
| Price | $3,350,000 |
| Price Per Unit | $83,750 |
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 26,360 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1946/2016 |
| Parking Ratio | 1.9/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | T4 - Medium-density residential and mixed-use |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Security System
- Refrigerator
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Wheelchair Accessible
- Trash Pickup - Curbside
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | - | 625 - 655 |
1 1
Property Taxes
| Parcel Number | 11-06-13-2-001-001.000 | Improvements Assessment | $260,400 |
| Land Assessment | $67,900 | Total Assessment | $328,300 |
Property Taxes
Parcel Number
11-06-13-2-001-001.000
Land Assessment
$67,900
Improvements Assessment
$260,400
Total Assessment
$328,300
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The Lofts at Cottage Hill | 501 Clayton St
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