302 Bibb St - Schools FOR SALE


Marion, AL 36756
$8,000,000 USD
307-690-6879
302 Bibb St, Marion, AL for Sale
$8,000,000 USD
Schools - FOR SALE
1/12
null | Request Cap Rate

302 Bibb St
Marion, AL 36756


HIGHLIGHTS

  • • Acquisition Price – Secured at below-market valuation • Existing Infrastructure – Minimizing capital expenditure
  • • Minimal Risk, Maximum Impact. • Turn Risk into Revenue.

OVERVIEW

Founded in 1838, Judson College was the fifth oldest women’s college in the country. Suffering from a decreased enrollment, the college made the difficult decision to suspend operations in July 2021. With this offering, you have the opportunity to acquire a picturesque college campus in quaint Marion, AL. In addition to the administrative, academic and residence buildings, the campus benefits from an equestrian center. Close by is the Marion Military Institute and the Alabama Medical High School. This provides a buyer with a unique opportunity to own a college campus which may potentially be used for educational use, healthcare or treatment center, corporate retreat, horse training facility or other community uses. This property is listed for $22 per square foot, for a total of $8M.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Sorority/Fraternity House

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

150.59 AC

LAND SF

6,559,700 SF

ZONING

SFR

APN/PARCEL ID

14-03-07-3-002-007.0000

ASK ABOUT THIS PROPERTY

Bill MackeyBill Mackey Real EstateMore Info
307-690-6879

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Bill MackeyBill Mackey Real EstateMore Info
307-690-6879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.