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Multifamily

Highland Park

112 Highland Ave, Troy, AL 36081

Listing Price: Request For Offer

Number of Units
48
Gross SF
50,000

Investment Overview

The Trojan Portfolio will arrive to market offering future ownership the opportunity to acquire newer construction in a supply-constrained market at pricing well below replacement costs. Currently locally owned and operated, Midtown at 712 and Highland Park each have operational upside via professional property management, which can further capitalize on the strategic location of the assets, with both having access to the Campus shuttle bus, offering easy access throughout the campus as well as local restaurants such as The Corner and Flo's Kitchen and convenient shopping such as Publix and Walmart.

Investment Highlights

  • Highland Park, a 2018 vintage 48-unit multifamily community located within walking distance of the central campus of Troy University.
  • Troy is among the top five largest state universities in Alabama, with 16 Division 1 athletic teams and more than 200 student organizations.
  • Approximately 30% of the students live in university residence halls and apartments, leaving 4,124 students in need of off-campus housing.

Exclusively Listed By

Multifamily

Highland Park

Listing Price: Request For Offer

Number of Units
48
Gross SF
50,000

Investment Highlights

  • Highland Park, a 2018 vintage 48-unit multifamily community located within walking distance of the central campus of Troy University.
  • Troy is among the top five largest state universities in Alabama, with 16 Division 1 athletic teams and more than 200 student organizations.
  • Approximately 30% of the students live in university residence halls and apartments, leaving 4,124 students in need of off-campus housing.

Investment Overview

The Trojan Portfolio will arrive to market offering future ownership the opportunity to acquire newer construction in a supply-constrained market at pricing well below replacement costs. Currently locally owned and operated, Midtown at 712 and Highland Park each have operational upside via professional property management, which can further capitalize on the strategic location of the assets, with both having access to the Campus shuttle bus, offering easy access throughout the campus as well as local restaurants such as The Corner and Flo's Kitchen and convenient shopping such as Publix and Walmart.

Exclusively Listed By

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