Multi-Family
Tuscaloosa Land Development
202 25th Ave NE, Tuscaloosa, AL 35404
Listing Price: $3,960,000
Investment Overview
The subject property is comprised of 3 different parcels that total roughly 9.14+/- acres directly bordering the brand new $40 million Golf Complex at The University of Alabama. The rezoning process has been completed and now reflects R-4 (soon to be MR-1), which allows 15 dwelling units per acre (or a total capacity of 135 buildable units).
Investment Highlights
- The University of Alabama has seen a steady increase in enrollment over the years. As of recent reports, enrollment figures have consistently grown, reaching over 40,000 students in recent years.
- Rental prices in Tuscaloosa have been on the rise due to increase demand in off-campus housing for students.
- The new $40 million Alabama Golf Facility is a one-of-a-kind development directly bordering the subject property and will spark continued university development along Kicker Rd.
- Tuscaloosa's economy is bolstered by the university's presence, which supports a range of jobs and economic activities. Additionally, the city has seen growth in sectors like manufacturing and retail.
- The property also resides in Opportunity Zone 01125012800 allowing for increased tax benefits.
Broker of Record
Financing By
Listing Price: $3,960,000
Investment Highlights
- The University of Alabama has seen a steady increase in enrollment over the years. As of recent reports, enrollment figures have consistently grown, reaching over 40,000 students in recent years.
- Rental prices in Tuscaloosa have been on the rise due to increase demand in off-campus housing for students.
- The new $40 million Alabama Golf Facility is a one-of-a-kind development directly bordering the subject property and will spark continued university development along Kicker Rd.
- Tuscaloosa's economy is bolstered by the university's presence, which supports a range of jobs and economic activities. Additionally, the city has seen growth in sectors like manufacturing and retail.
- The property also resides in Opportunity Zone 01125012800 allowing for increased tax benefits.
Investment Overview
The subject property is comprised of 3 different parcels that total roughly 9.14+/- acres directly bordering the brand new $40 million Golf Complex at The University of Alabama. The rezoning process has been completed and now reflects R-4 (soon to be MR-1), which allows 15 dwelling units per acre (or a total capacity of 135 buildable units).
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By

