Results

rss

Description of this article

John Stanley, CCIM has represented AmeriFirst Bank in the sale of two (2) parcels of land totaling 30.06 acres located on Chapel Road and Gossom Switch Road, Wetumpka, AL. Both parcels are adjacent to the existing Chapel Lakes Apartments and both are zoned R-4 (multi-family). The Buyer is Chapel Lakes Two, LLC. The sales price was $600,000 ($19,953/Ac.)


John Stanley, CCIM has represented Synovus Bank in the sale of a former car and truck dealership property located at 405 East Blvd., Montgomery, AL. The property consists of a ± 39,864 S.F. building on ± 7.39 acres and is zoned B-3. The Buyer was Pavilion Investment Company, LLC. The sales price was $720,000.


Lee Meriwether, CCIM recently represented Aliant Bank in the sale of a ± 25 Acre parcel of land zoned Multifamily located in Millbrook Alabama. About half of the property was located in a wetlands area. The Buyer was Inscoe Properties, LLC. The sales price was $200,000.00.


John C. Stanley, CCIM has represented MAX Credit Union in the purchase of two (2) lots totaling 72,166 S.F. located at 336-340 No. Gay St. in Auburn, AL. The total sales price was $918,000 representing a price of $12.72/S.F. Both lots will be developed as a MAX Credit Union facility.


John Stanley, CCIM has represented Auburn Bank in the sale of 149.65 acres on Okfuski Road in Pike Road, AL. The property is zoned for residential estate lots. The sales price was $1,316,920 ($8,800/Ac.)


John Stanley, CCIM has represented Max Credit Union in the sale of a .96 acre parcel located on Ala. Hwy. 14 in Millbrook, AL. The property will be developed as a Family Dollar retail facility. The sales price was $395,000.00 ($9.41/S.F.). The name of the Buyer is Family Dollar Stores of Alabama, Inc.


John Stanley, CCIM has represented Renasant Bank in the purchase of two (2) lots located at the corner of Taylor Road and Winton Blount Loop. This location will serve as Renasant Bank’s second location in the Montgomery market. The size of the parcel is 58,894 S.F. and the sales price was $515,322.50 ($8.75/S.F.). The Buyer was Renasant Bank and the Seller was East Montgomery Properties, L.L.C.


John Stanley, CCIM has represented the FDIC in the sale of a 59,730 S.F. lot on Chantilly Parkway, Pike Road, AL. The Buyer was Cross Gate, LLC. The sales price was $134,392.50 ($2.25/S.F.).


John Stanley, CCIM has represented the FDIC in the sale of a branch bank facility located at 25530 Alabama Hwy 127, Elkmont, AL. The Buyer was Citizens Bank & Trust, Inc. The sales price was

$297,000.00.

Lee Meriwether, CCIM has represented BB&T Bank in the sale of 365 Felder Avenue, Montgomery, AL. The property consists of five (5) apartment units. The Sales Price was $25,000.00.