For Auction

Receiver Sale: Montgomery Park Collection | 3 Sites, 1 Mile

4700 Park Towne Way, 4930 Park Towne Way & 4900 Plaza Drive,
Montgomery, AL 36116

Asset Snapshot

Real Estate
Asset Type
Multifamily
Property Type
Garden
Multifamily Subtype
1972-1977
Year Built
2
Floor Count
27.81 Acres
Land Area
511 Units
Unit Count
948 SF
Average Unit Size
484,186 SF
Property Size
Value-Add
Investment Profile

Investment Highlights

Three Communities Within a One-Mile Radius
The Oaks, Townhomes at Montgomery and Serenity at the Park allow shared staffing and maintenance.
511 Units and 484,186 SF Across 27.81 Acres
Immediate scale for investors looking to establish or expand a presence in the Montgomery market.
457 Offline Units Create Lease-Up Runway
Only 54 units are rentable today, with turns ranging from light A-level work to full F-level rehabs.
Balanced 1-, 2- and 3-Bedroom Unit Mix
183 one-bedroom, 171 two-bedroom and 157 three-bedroom units, including townhome-style floorplans.
Hyundai and Meta Expanding in Montgomery
Hyundai's $200M plant expansion and Meta's 1.3M SF data center campus add to local job growth.

Offering Summary

Brokered by SVN and powered by RealINSIGHT Marketplace, the Montgomery Park Portfolio comprises three market-rate apartment communities in southeastern Montgomery, Alabama: The Oaks (144 units), Townhomes at Montgomery (191 units) and Serenity at the Park (176 units). Together the properties total 511 units and approximately 484,186 rentable square feet on 27.81 acres, all located within one mile of each other, allowing a single owner to consolidate management, staffing and maintenance across the portfolio. Built between 1972 and 1977, the low-rise garden communities offer a balanced mix of one-, two- and three-bedroom floorplans, including townhome-style units. The portfolio is approximately 13% occupied, with 54 units currently rentable and 457 units offline requiring renovation, ranging from light turns to full interior rehabs. With 212 units in classic condition and only six carrying luxury finishes, the portfolio offers a clear value-add path through capital investment, interior upgrades and lease-up. The submarket sits near Interstate 85 and Eastern Boulevard with access to downtown Montgomery and Maxwell Air Force Base, and a Walmart Supercenter is 0.4 miles away. Montgomery’s employment base spans government, military, healthcare and manufacturing, supported by recent expansions from Hyundai and Meta.

Due Diligence

Location

The Montgomery Park Portfolio sits in southeastern Montgomery, Alabama, near Interstate 85 and Eastern Boulevard with direct access to downtown and Maxwell Air Force Base. A Walmart Supercenter is 0.4 miles away, with Publix, The Shoppes at Eastchase and Eastdale Mall within five miles, giving residents convenient access to groceries, dining and retail.

Transaction Managers

Darlene Johnson
Marketplace
Hampton Gomila
Marketplace

Platform Fee

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

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

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

Need Help?

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Auction Opens In
20d 23h 20m 07s
$1,250,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Andrew Agee
SVN I Avat
AL License: 000084309

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.