Description of this article
Lee Meriwether, CCIM, recently completed the sale of a vacant lot located at 938 U.S. Hwy. 231 in Wetumpka, Alabama. The property was zoned B-2 (Business). The terms of the sale are undisclosed
John Stanley, CCIM has represented The Estate of Ida Belle Young in the sale of ± 11.78 acres located on East Boulevard, Montgomery, AL. The property is zoned B-3 (Commercial). The Buyer was Sun-Beach Investments Co. The sales price was $370,000.00 ($0.72/S.F.).
John Stanley, CCIM has represented Hemangkumar Padhiar in the sale of ± 9.54 acres located on East Boulevard, Montgomery, AL. The property is zoned B-3 (Commercial). The Buyer was The Segev Irrevocable Trust. The sales price was $700,000.00 ($1.68/S.F.).
John Stanley, CCIM has represented MTD Holdings, LLC in the sale of a ± 2.6 acre parcel located on Chantilly Parkway, Montgomery, AL. The property will be developed by West 77 Partners as a LivAway Suites extended stay hotel with 126 rooms. The Buyer was Montgomery Hotel Holdings, LLC. The sales price was $1,212,500.00 ($10.70/S.F.)
John Stanley, CCIM has represented Schilleci Distribution Property, LLC in the sale of a ± 3.9 acre parcel located on East Boulevard, Montgomery, AL. The property is zoned B-3 (Commercial). The Buyer was Sun-Beach Investment Co. The sales price was $90,000.00 ($.53/S.F.).
John Stanley, CCIM has represented Sevier Dabbs Properties, LLC in the sale of a ± 1.01 acre parcel located on Halcyon Summit Court, Montgomery, AL. The Buyer was The Hermitage Summit, LLC. The sales price was $230,007.75 ($5.25/S.F.).
John Stanley, CCIM has represented Jere L. Beasley, Sr. in the sale of a ± 14.06 acre parcel located on Ray Thorington Road, Montgomery, AL. The Buyer was Christ Methodist Church. The sales price was $360,000.00 ($25,604.00/acre).