For Auction

Lender Driven Sale: Former Memory Care | Gardens of Waterford

3920 Antoinette Drive,
Montgomery, AL 36111

Asset Snapshot

Real Estate
Asset Type
Multifamily
Property Type
Garden
Multifamily Subtype
1962
Year Built
2009
Year Renovated
1
Floor Count
1
Building Count
53
Parking Spots
5.03 Acres
Land Area
50 Units
Unit Count
48,169 SF
Property Size
Occupancy As Of

Offering Summary

Investment Highlights

  • 50-Unit Former Memory Care Facility: Purpose-built single-story facility with strong potential for reuse in senior housing, behavioral health, transitional care, or rehabilitation services.
  • Strategic Central Location: Located in Southeast Montgomery near major hospitals, retail centers, and within minutes of Interstates 65 & 85, offering excellent accessibility for staff, patients, and families.
  • Attractive Residential Setting: Nestled among single-family homes, offering a comforting environment conducive to memory or senior care operations.
  • Healthcare-Oriented Infrastructure: Includes existing amenities such as a beauty salon, private spa, and common lounges, all ideal for resident engagement and comfort.
  • Modern Upgrades: Originally built in 1962, renovated in 2009, preserving structural integrity while modernizing core systems and amenities.
  • Vacant and Ready for Redevelopment: Clean slate for investors to reposition the asset without the burden of legacy operations or occupancy.
 

Offering Summary

SVN Senior Living Advisors, in conjunction with RealInsight Marketplace, are pleased to present for sale The Gardens of Waterford.  The Gardens of Waterford is a 50-unit, one-story, former long-term care facility that provided Memory Care services. The facility is situated in the southeast section of the metropolitan area. Montgomery, AL had a 2020 population of 200,603, which was down from a 2010 population of 205,764. The Gardens of Waterford is situated in a residential area with neighboring single-family homes. Baptist Medical Center is located to the south of the property along E South Blvd. Retail and multi-family buildings are located along E South Blvd. Within proximity to major thoroughfares, including Interstates 85 and 65, residents enjoy easy access to shopping centers, restaurants, and entertainment venues.

The brick and block building was constructed in 1962 and was reportedly renovated in 2009. The facility previously specialized in memory care services with amenities including a beauty salon/barber shop, a private spa, and various lounges/common areas. The facility is currently vacant and closed for operations.

Due Diligence

Transaction Managers

Darlene Johnson
Marketplace

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Daniel Culps
c/o Fisher Auction Company Inc.
License: 5070

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Investment Sales Brokers

Don Husi
SVN | Senior Living Advisors
Aaron Thompson
SVN | Senior Living Advisors
John Klement
SVN | Senior Living Advisors
Josh Salzman
SVN | Senior Living Advisors
JT
Justin Toomey
SVN Toomey Property Advisors
AL License: 87782

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.