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EP on Lower Wetumpka

Montgomery, Alabama – 41 units

EP on Lower Wetumpka is a 41-unit multifamily community at 2553 Lower Wetumpka Road in Montgomery, Alabama. Built in 1978. The property has completed a comprehensive gut renovation: full interior reconstruction of every residential unit, a new roofing system, new HVAC and electrical systems, replacement plumbing, new energy-efficient windows, new exterior and interior paint, new appliances, and a fully renovated leasing office.

EP on Lower Wetumpka is preparing for lease-up under new management beginning October 1, alongside EP on Rosa Parks, an adjacent portfolio asset also undergoing full renovation ahead of the same October 1 lease-up. Rent per square foot is positioned above the comp set average, reflecting the extent of the renovation relative to the surrounding submarket.

Contemporary Home Design

At The Lee Adrion Company, we believe that great communities are built not only through acquisition and development, but through intentional, operational excellence. Lee Adrion Management oversees each asset with precision, ensuring that every property delivers exceptional experiences for residents and lasting value for investors.

Key Features

Open floor plan
High-end finishes
Beautiful views

Located in a desirable neighborhood, this home is close to schools, parks, and shopping centers.

Property Highlights

100 Percent Renovated

Every unit fully reconstructed: new roofing, HVAC, electrical, plumbing, windows, paint, and appliances throughout the property.

New Management, New Lease-Up

Re-entering the market October 1 under new on-site management, with a fully renovated leasing office in place to support the transition.

Paired Portfolio Assets

Positioned adjacent to EP on Rosa Parks, with both properties renovating and leasing up on the same timeline, supporting shared operational efficiencies.

Repositioned Rent Basis

Rent per square foot above the comp set average, in a submarket where rents otherwise run below $1.00 per square foot.

Favorable Supply Backdrop

Together, EP on Lower Wetumpka and EP on Rosa Parks represent the bulk of near-term new supply in this submarket. Only one other property is under construction nearby, adding a modest 18 units, leaving room for repositioned assets like this one to lease up without significant competing inventory.