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Legacy 384 Portfolio

Posted: 8/25/2020
384 Units
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at Festival
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Legacy at the Lake
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Legacy at the Lake
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Legacy at the Lake
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Legacy at the Lake
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Legacy at the Lake
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Legacy at the Lake
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Legacy at the Lake
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Legacy at the Lake

About

About Legacy 384 Portfolio

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Legacy 384 portfolio, consisting of 384 units across two well-located assets in Montgomery, AL. Benefiting from a strong manufacturing and government-centric economy, the Montgomery metro has garnered significant capital investments, highlighted by Hyundai’s announcement to invest $410M and create 1,200 additional jobs to build a new light truck model in Montgomery. With proven rent premiums ($100) on renovated units, targeted capital can round out the existing value add program and improve the physical plants at each property to boost exit value. Built in 1977 & 1996, the Legacy 384 portfolio offers an outstanding opportunity to invest in two well-located assets with major value add potential. The assets can be purchased as a portfolio, or individually.