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Multifamily

Tuscaloosa 296 Portfolio

3820 1st Ave, Tuscaloosa, AL 35405

Listing Price: Request For Offer

Number of Units
296
Gross SF
335,000

Investment Overview

Tuscaloosa’s housing market faces significant constraints due to tight supply, exacerbated by population growth driven by industrial and educational expansion. The influx of workers for Mercedes-Benz and its suppliers, alongside the university’s growing student and faculty base, has increased housing demand.

Investment Highlights

  • The University of Alabama is a pivotal economic driver for Tuscaloosa, contributing significantly to job creation, population growth, and local commerce.
  • Alabama's broader housing market shows strength, with rising prices and sales, and Tuscaloosa's median rent of around $950 reflects its affordability compared to national averages.
  • Tuscaloosa's growth prospects remain robust, underpinned by Mercedes-Benz's ongoing investments and the University of Alabama's expansion.

Exclusively Listed By

Multifamily

Tuscaloosa 296 Portfolio

Listing Price: Request For Offer

Number of Units
296
Gross SF
335,000

Investment Highlights

  • The University of Alabama is a pivotal economic driver for Tuscaloosa, contributing significantly to job creation, population growth, and local commerce.
  • Alabama's broader housing market shows strength, with rising prices and sales, and Tuscaloosa's median rent of around $950 reflects its affordability compared to national averages.
  • Tuscaloosa's growth prospects remain robust, underpinned by Mercedes-Benz's ongoing investments and the University of Alabama's expansion.

Investment Overview

Tuscaloosa’s housing market faces significant constraints due to tight supply, exacerbated by population growth driven by industrial and educational expansion. The influx of workers for Mercedes-Benz and its suppliers, alongside the university’s growing student and faculty base, has increased housing demand.

Exclusively Listed By

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