University N. Alabama Student Housing Multi-Family FOR SALE


Florence, AL
$18,000,000 USD
256-740-9589
, Florence, AL for Sale
$18,000,000 USD
Multi-Family - FOR SALE
1/10
null | 6.55% Cap Rate

University N. Alabama Student Housing
Florence, AL


HIGHLIGHTS

  • Owner offering INTEREST ONLY FOR 3 YEARS AT 6.2% FOR UP TO 40% PURCHASE PRICE
  • Complete remodel of all units in 2022-2023
  • University manages all apartments
  • Both properties provide prime campus access and ample parking.

OVERVIEW

Grandview Campus Located at 1247 Graham Ave, Florence, AL 35630, Grandview Campus is within city limits and just six blocks from campus. This spacious 4.1-acre property features 56 units and 120 bedrooms, all fully furnished with Apogee WiFi. Residents enjoy ample parking with 80 spaces and street parking available. Established in 1958, Grandview Campus was recently remodeled in 2023/24. Nobles Crossing Located at 748 Nellie Ave, Florence, AL 35631, Nobles Crossing is within city limits and adjacent to campus. This cozy 1.6-acre property offers 32 units and 48 bedrooms, all fully furnished with Apogee WiFi. Convenient parking includes 32 spaces and street parking available. Established in 1968, Nobles Crossing was recently remodeled in 2022/23. Both communities offer the convenience of modern amenities, a prime location near campus, and a welcoming atmosphere.

ASK ABOUT THIS PROPERTY

Jay KlosKW Commercial Madison AlMore Info
256-740-9589

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Jay KlosKW Commercial Madison AlMore Info
256-740-9589

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