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Receiver Sale: The Montgomery Park Collection | Multifamily Portfolio

Market Price

4700 Park Towne Way, Montgomery, AL 36116

Active
Last Updated: 04/07/2026

484,323 sqft

Building Size

27.81 acres

Lot Area

Details:
Building Size:    484,323 sqft
Lot Area:    27.81 acres
Occupancy:    8%
Units:    511
Year Built:    1972 / 1977
Floors:    2
Highlights:
  • 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.
Description:

Ri Marketplace Online Auction May 18th-20th, 2026
Register to bid on Marketplace:


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.



Daniel Culps
c/o Fisher Auction Company Inc.
License: 5070
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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