Garden Grove - Exterior

2230 W. Woodley Square
Montgomery, AL

400 Units

Strategic Holdings purchased this property on May 8, 2015 for $4,150,000.  The property required approximately $10,584,400 of renovations to reach market occupancy and to cure all deferred maintenance. Currently stabilized, the property is worth approximately $14,750,000.


Est. Sales Price: $14,750,000
Acquisition Price: -$4,150,000
Costs: -$10,584,400
Estimated Profit: $15,600