740 Coliseum Boulevard,Montgomery, AL 36109

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Property Type
Residential Income
Price
$949,000
MLS #
#585493

About This Property

Presenting a rare opportunity to acquire a fully renovated, high-performing 12 unit apartment complex in the heart of Montgomery.

This turnkey asset offers immediate cash flow, long-term stability, and minimal deferred maintenance—making it an ideal addition to any investment portfolio. This property has undergone comprehensive renovations across all units, ensuring modern appeal and operational efficiency. Every unit has been fully updated with contemporary finishes, creating a strong competitive position in the local rental market and supporting premium rents and tenant retention. Major capital improvements have already been completed, including: new plumbing systems, updated electrical throughout, brand new HVAC systems.

The asset is currently supported by established local property management, offering seamless day-to-day operations and a smooth transition for new ownership. Investors can step into a professionally managed, stabilized property from day one.

Located in a growing rental market, the property benefits from strong demand drivers, including proximity to major employers such as Maxwell Air Force Base, Alabama State University, and Baptist Health, as well as convenient access to retail, dining, and key transportation corridors. This is a rare chance to acquire a low-maintenance, income-producing property in one of Central Alabama’s most stable and accessible markets.

List Price
$949,000
Status
Active
MLS ID
585493
Town
Montgomery
County
Montgomery
Zip
36109
Property Type
ResidentialIncome
City Postal
Montgomery
Construction
Brick
Cooling
CentralAir,Electric
Directions
Turn onto Coliseum Blvd from Atlanta Highway, complex is 1 mile down on the right.
Flooring
Plank,Vinyl
Heating
Central,Electric
Original List Price
$1,000,000
School Middle
,
Utilities Available
CableAvailable,ElectricityAvailable,HighSpeedInternetAvailable