What is the asking price for Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio?

Please use the contact form to get in touch with a broker and find out more about what this multifamily property has to offer.

What is the total size of Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio?

The property has a total square footage of 484,323 SF.

When was this property built?

Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio was built in 1972.

How many parking spaces are available at Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio?

Parking information for the property isn't currently listed. However, other nearby parking options include Lot 5, located 4.41 miles away , and Lot 1, which is 4.52 miles away.

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

For Sale Contact for pricing
Property Type Multi-Family
Property Size 484,323 SF
Units 511
Lot Size 27.81 Acre
# of Floors 2
Year Built 1972
Date Updated May 15, 2026

Description

511 Units Across Three Montgomery, AL Assets — Immediate portfolio scale in the Montgomery market with The Oaks (144 units), Townhomes at Montgomery (191 units) and Serenity at the Park (176 units).

Deep Discount to Replacement Cost — Combined acquisition basis is well below replacement cost, even when factoring in the estimated $13.85 million ($27,103/unit) capital improvement program.
Built-In Operational Efficiency — Two adjacent properties and one only .8 miles away enable shared management, maintenance, and vendor contracts, materially reducing per-unit overhead versus standalone operations.
Diversified Product and Floorplan Mix — The portfolio spans conventional apartments and townhome-style units across a mix of one, two and three-bedroom floorplans broadening tenant appeal.
Growing Montgomery Economy — Recent capital commitments from Hyundai ($200M expansion) and Meta (data center campus to 1.3M SF) complement established employment anchors including Maxwell-Gunter AFB and the State of Alabama.
Stable, Diversified Market Fundamentals — Montgomery's economy is anchored by Maxwell-Gunter AFB (12,000+ employees), the State of Alabama (10,000+), Baptist Health, and Hyundai, with a 46% renter-occupied household rate supporting durable demand.

SVN | AVAT Realty, in conjunction with RealINSIGHT Marketplace, is pleased to present The Oaks, Townhomes at Montgomery & Serenity at the Park Portfolio, a 511-unit multifamily investment opportunity comprising three properties — The Oaks (144 units), Townhomes at Montgomery (191 units), and Serenity at the Park (176 units) — located at 4700 and 4930 Park Towne Way and 4900 Plaza Drive in Montgomery, Alabama.

The portfolio totals approximately 484,323 rentable square feet across a mix of conventional apartment and townhome-style units, with an average unit size of approximately 948 square feet. The assets are located within the established southeastern Montgomery submarket, offering strong connectivity to I-85, Eastern Boulevard, and major retail and employment corridors.

Currently approximately 8% occupied (with Serenity at the Park fully vacant), the portfolio presents a significant value-add opportunity requiring an estimated $13.85 million in capital improvements. The scope includes interior unit renovations, exterior site work, and roofing across all three properties.

The scale of the portfolio, combined with the renovation and lease-up strategy, offers investors the opportunity to reposition a sizable multifamily footprint within a consistent submarket. Comparable post-rehabilitation sales within the immediate area support the overall investment thesis. Interested investors are encouraged to review the diligence materials and underwrite accordingly.

Auctioneer: Daniel Culps c/o Fisher Auction Company Inc. License: 5070. Starting Bid: $1,250,000