500 N Montgomery Ave - Apartments FOR SALE
Sheffield, AL 35660 |
205-515-1012
500 N Montgomery Ave
Sheffield, AL 35660
HIGHLIGHTS
- Mixed-use investment, encompassing three buildings and offering proximity to US Highway 72.
- Park Place offers immense value-add potential through residential, retail, and office lease-up.
- Within a strong multifamily market, market rent per unit has grown 5% year over year.
- Residents living within a 2-mile radius have tallied a consumer spending total of over $136 million year-to-date.
- 500 N Montgomery Ave is located near national retailers, including Dollar General, Walmart Supercenter, Chick-fil-A, and more.
- Property Includes 507 Nashville Ave, 515 Montgomery Ave, and 501 Montgomery Ave
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Park Place | Proximity to US Hwy 72
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1948
PARKING SPACES
140
LAND DETAILS
LAND ACRES
1.42 AC
LAND SF
61,855 SF
ZONING
Colbert
APN/PARCEL ID
07-08-28-3-004-001.000,07-08-28-3-004-002.000,07-08-28-3-004-003.000,07-08-28-3-004-009.000,07-08-28-3-004-010.000,07-08-28-3-004-013.000,07-08-28-3-005-014.000,07-08-28-3-005-021.000,07-08-28-3-005-022.000,07-08-28-3-005-023.000
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205-515-1012
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205-515-1012
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