6121 Boardwalk Blvd | Montgomery, AL 36117
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- LoopNet Team
6121 Boardwalk Blvd
Montgomery, AL 36117
The Reserve at Boardwalk · Multifamily Property For Sale · 200 Units
Investment Highlights
- Montgomery Rental Market Poised for Rent Growth
- Near Major Education Demand Drivers including Auburn University at Montgomery (5,100 students and 575 employees)
- Proven Value-Add Opportunity for Possible 28% ROI
- Close to Major Employers like Maxwell-Gunter Air Force Base and Hyundai Motors Manufacturing
- Excellent Job Security as Montgomery is the State Capital; the State of Alabama Employs over 45,000 in the city
PROPERTY FACTS
| No. Units | 200 | Building Size | 167,880 SF |
| Property Type | Multifamily | Average Occupancy | 70% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1980/2021 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 17.30 AC |
| No. Units | 200 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 17.30 AC |
| Building Size | 167,880 SF |
| Average Occupancy | 70% |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2021 |
| Parking Ratio | 2/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Kitchen
- High Speed Internet Access
- Refrigerator
- Walk-In Closets
- Dining Room
Site Amenities
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Playground
- Property Manager on Site
- Sauna
- Tennis Court
- Gated
- Package Service
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 104 | - | 600 - 700 |
| 2+1 | 40 | - | 900 |
| 3+2 | 56 | - | 1,155 |
PROPERTY TAXES
| Parcel Number | 09-03-07-1-005-003.003 | Improvements Assessment | $1,950,400 |
| Land Assessment | $207,600 | Total Assessment | $2,158,000 |
PROPERTY TAXES
Parcel Number
09-03-07-1-005-003.003
Land Assessment
$207,600
Improvements Assessment
$1,950,400
Total Assessment
$2,158,000
zoning
| Zoning Code | R-75-M |
| R-75-M |
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