We're considering buying an apartment building in Phenix City. How's the rental market for 1/2/3 bedrm units?

Asked by Stan Searcy, Kailua Kona, HI Tue Apr 29, 2008

Anyone connected to a strong property manager that you could recommend?

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Marcia Montz, Agent, Fayetteville, NC
Wed Oct 27, 2010
Hi Stan. I live in Phenix City. Would love to talk to you about what you are looking for. I am already working with buyers interested in Apt. Complexes. I have several in the area that I could show you. I would need to know how many units and price range. Call me at the office 334-298-3900.
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Ballz-2d-wal…, , Los Angeles, CA
Wed Apr 29, 2009
Stan , I have Multiple Properties From The Kia Plant in the North Chat Valley ( Lanett, AL )
to Columbus & PHX City in the South . Rental Market is Fair to Good .
4/2's are Very Popular , Then 3/2's , 3/1's are Ok , but it drops off
from there . The above mix you get longer term Renters .
There are 40,000 ppl coming into Columbus , GA & PHX City
in the Next 2 to 4 Years . I have 21 Doors and only 1 Vacancy
as of Today .
Here is the Hot Market , Quick Rent Prices .
2br/1ba $400 to $450
3br/1ba $550 to $625
3br/2ba $600 to $680
4br/2ba $685 to $795
Managers ?? I have a Single Manager who Shows , Leases , Collects Rents , Does Basic Repairs.
I Handle All Advertising , Prospect Tentant Calls , Major Repair Quotes. From my Home in California.
0 votes
Michelle Tuc…, , Enterprise, AL
Fri Jun 27, 2008
Hello Stan, Not near Pheonix City, but I do not that you have a very large military installation (Fort Benning). You also have a major Interstate I-85 that connect Montgomery, AL - Atlanta, GA. I have a realtor friend stationed in that area and I will ask her opinion.
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