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For Sale

Brookview Apartments

2201 Upper Wetumpka Rd,
Montgomery, AL 36107

Asset Snapshot

1973
Year Built
2
Floor Count
4
Building Count
65 Units
Unit Count
0 SF
Average Unit Size
56,838 SF
Property Size

Offering Summary

Investment Overview

This well-maintained, 4-building garden-style community presents a compelling resyndication opportunity in the heart of Montgomery, Alabama. Comprising 65 Low-Income Housing Tax Credit (LIHTC) units, the property is currently operating in its extended-use period, offering investors the ability to re-enter the LIHTC program. Constructed in 1973, this classic low-rise/garden-style community has been well-maintained and offers a turn-key income stream from day one. The strategic unit mix of one-, two-, and three-bedroom residences serves a broad range of household sizes, with each unit thoughtfully configured to maximize natural light and interior space. B-2 zoning provides additional long-term flexibility and utility.


Investment Highlights

  • Located in QCT
  • Opportunity to Resyndicate
  • 100% LIHTC - in the extended period
  • QC Eligible
  • Secure Living: Controlled access entry points provide peace of mind and enhanced security for all residents.
  • In-Unit Convenience: Units are equipped with washer/dryer hookups, a high-demand feature that justifies premium rental rates.
  • Private Outdoor Space: Select units include balconies, offering residents private fresh-air retreats.
  • On-Site Facilities: A dedicated laundry room provides additional convenience and a steady secondary income stream for the owner.

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Listing Syndicated From

Buildout
For Sale
$3,731,172
Asking Price