The Lofts at Cottage Hill

Investment Overview

Partners Realty presents For Sale a 40-unit multifamily property in Montgomery, Alabama. Seller is offering a non-recourse assumable loan with a balance of $1,830,000, a 5.59% rate and a maturity of 2033. 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.

Investment Highlights

• Assumable Loan with a balance of $1.83M (non-recourse)
• Consistently 94%+ Occupied
• Recent Upgrades: Roof replacement, exterior painting, and refreshed landscaping
• Prime Location: Minutes to downtown Montgomery dining, retail, and entertainment
• Strong Market Fundamentals: Proximity to Maxwell Air Force Base and local employment centers
• Quiet Historical Neighborhood
• Turnkey Investment with Management in Place