Map of Property

Barrington Place at Somerset

For Sale

Barrington Place at Somerset, Montgomery, AL 36117

This Montgomery property for sale is located at Barrington Place at Somerset. Contact the listing broker for details on the current sale price for Barrington Place at Somerset.

Contacts

broker

Will Mathews

broker

Thomas Leachman

broker

Jake Bradshaw

Property Details

  • Property Type Other
  • Additional Rent Contact for pricing
  • Year Built 2002
  • Date Updated Nov 20, 2024

376 Units With Significant Value-Add Upside Located In An Affluent Submarket Of Montgomery

Colliers is pleased to present Barrington Place at Somerset (“Barrington Place”), a 376-unit community with significant value-add upside in an affluent submarket of Montgomery, AL. Built in 2002, Barrington Place offers large units (Avg. 1,229 SF) in near original condition featuring laminate countertops and white appliances. Premium upgrades such as granite countertops, hardwood-style floors, modern cabinets, subway tile backsplash, a tech package, and stainless steel appliances will generate substantial rent premiums and help differentiate the property against the top of the competitive set.

Positioned near I-85 and Auburn University at Montgomery, Barrington Place is close to the largest employers in Montgomery. New ownership can leverage outstanding organic rent growth (11.5% on renewals over the last month), strong market rent growth, an affluent submarket ($98,000 AAHI within a 1-mile radius), and a lack of new supply in Montgomery to quickly push top-line revenue and time value-add improvements perfectly.

97% Occupied

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 23/100

    Walk Score ®

  • 11/100

    Transit Score ®

  • 33/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Montgomery, AL
  • Neighborhood Barrington Park
  • Zip Code 36117

Points of Interest

  • Shell

    0.88 miles

  • Montgomery, AL Supercharger

    1.00 miles

  • BP

    2.55 miles

  • Exxon

    2.70 miles

  • Walmart

    2.71 miles

  • Speedway

    2.83 miles

  • Valero

    2.92 miles

  • MAPCO

    2.93 miles

  • Liberty

    3.12 miles

  • Lot 1

    1.19 miles

  • Lot 5

    1.29 miles

  • One Commerce Street Parking

    8.98 miles

  • Chamber of Commerce Parking

    8.99 miles

  • Hilton Garden Inn Montgomery - EastChase

    0.91 miles

  • Hampton Inn & Suites

    0.91 miles

  • Microtel Inn & Suites by Wyndham Montgomery

    1.02 miles

  • Homewood Suites by Hilton Montgomery EastChase

    1.04 miles

  • Candlewood Suites Montgomery

    1.06 miles

  • Town Place Suites

    1.07 miles

  • Holiday Inn Express Hotel & Suites Montgomery/Boyd Cooper Parkway

    1.22 miles

  • Fairfield Inn & Suites Montgomery EastChase

    1.27 miles

  • Comfort Inn & Suites Montgomery Eastchase

    1.37 miles

  • Sleep Inn & Suites East Chase

    1.39 miles

  • Burlington

    0.87 miles

  • Target

    1.04 miles

  • Ross

    1.11 miles

  • ALDI

    1.15 miles

  • The Shoppes at Eastchase

    1.25 miles

  • Dillard's

    1.26 miles

  • Kohl's

    1.28 miles

  • Whole Foods Market

    1.48 miles

  • Walmart Supercenter

    1.77 miles

  • Walmart Neighborhood Market

    2.64 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Barrington Place at Somerset