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Florida Investor Snags Apartments With Upside in Alabama’s Capital City

Bullseye Closes Deal for 200-Unit Complex
Legacy at the Lake is a 200-unit apartment property that recently traded hands in Montgomery, Alabama. (Cushman & Wakefield)
Legacy at the Lake is a 200-unit apartment property that recently traded hands in Montgomery, Alabama. (Cushman & Wakefield)
CoStar News
December 9, 2020 | 11:35 P.M.

A Florida investment firm acquired an apartment property in Montgomery, Alabama, an unusual deal for the Sun Belt market where sales volume has fallen to its lowest point in almost five years.

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