For Sale
Call for price

3300 Lynchburg DrMontgomery, AL 36116

Distressed Sale: 61 Units, 51,547 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional value-add opportunity presents a distressed sale of the former Landings of Montgomery, a 51,547-square-foot assisted living and memory care facility located at 3300 Lynchburg Dr, Montgomery, Alabama 36116. The property, situated on a 4.69-acre lot, comprises a single, one-story building with 61 units. Originally constructed in 1987, the facility underwent renovations in 2015. Currently vacant, this property presents a unique chance for an investor to reposition a significant asset within a strong Montgomery submarket. The sale is being conducted as a bankruptcy (reserve) auction. The property's size and unit count offer substantial potential for redevelopment or repositioning within the senior living sector. Given its existing infrastructure and recent renovations, significant capital expenditure may be avoided, allowing for a faster return on investment. This is an ideal opportunity for experienced investors seeking a value-add project in a desirable location. The property's location in Montgomery County, Alabama, offers access to a robust local economy and a growing senior population. Detailed financial information and auction specifics are available upon request. This is a rare chance to acquire a substantial senior living facility at a significantly discounted price.

Property Details for 3300 Lynchburg Dr

Property type
Retirement homes
Square Feet
51,547 SF
Year Built/Renovated
1987/2015
Buildings
1
Stories
1
Lot Size (sq. ft)
204,296 SF
Units
61

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.318058220535
Longitude
-86.240774959895
3300 Lynchburg Dr, Montgomery, Alabama

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3300 Lynchburg Dr
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