About
About Woodmere Reserve & The Eastern
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Woodmere Reserve and The Eastern, a 440-unit multifamily portfolio located in Montgomery, Alabama's highly desirable East Montgomery submarket. Strategically positioned near major transportation corridors, including US Highway 231 (57,000 VPD), US-80 (36,000 VPD), Troy Highway (44,000 VPD), and Interstate 85, both communities provide residents with convenient access to Montgomery's major employment centers, retail destinations, and everyday conveniences.
Current ownership has invested more than $8.1 million in capital improvements across the portfolio, including extensive interior and exterior renovations that have significantly enhanced both communities. These investments have translated into exceptional operating performance, with the portfolio currently 99% occupied and benefiting from strong resident demand, consistent collections, and sustained rent growth. Originally constructed in 1977 and 1979, Woodmere Reserve and The Eastern offer investors the opportunity to acquire two highly stabilized, well-capitalized assets featuring limited deferred maintenance and durable in-place cash flow, with additional upside potential in one of Montgomery's most established and supply-constrained multifamily submarkets.
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