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EP on Rosa Parks

Montgomery, Alabama – 60 units

EP on Rosa Parks is a 60-unit multifamily community at 534 Rosa L Parks Avenue in Montgomery, Alabama. Built in 1960, the property is undergoing a comprehensive renovation ahead of lease-up under new management on October 1.

EP on Lower Wetumpka sits close by, with shared management and maintenance resources between the two properties. Only one other property is under construction nearby in this submarket, adding a modest 18 units.

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 Lower Wetumpka, 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.