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1130 Jack Warner Pky
Tuscaloosa, AL 35404
Hillside Commons · Multifamily Property For Sale
·
137 Units
Investment Highlights
- Value - Add Opportunity through Increased Rents
- Lease Rates are 20% Below the Top 3rd of Comp Set
- $30,000 / Unit Interior Renovations Completed in 2022
- 100% Occupied for 2024 / 2025 School Year
- $2M Clubhouse + Resort Style Pool Opened Fall 2024
- High Barrier of Entry into a Power 4 Student Market
Property Facts
| No. Units | 137 | Building Size | 175,649 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1987/2022 |
| Building Class | B | Parking Ratio | 3.23/1,000 SF |
| Lot Size | 13.26 AC | ||
| Zoning | RMF-1 - Multifamily | ||
| No. Units | 137 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 13.26 AC |
| Building Size | 175,649 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2022 |
| Parking Ratio | 3.23/1,000 SF |
| Zoning | RMF-1 - Multifamily |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Family Room
Site Amenities
- Controlled Access
- Clubhouse
- Fitness Center
- Pool
- Property Manager on Site
- Security System
- Furnished Units Available
- Gameroom
- Pet Play Area
- Community-Wide WiFi
- Maintenance on site
- Pet Washing Station
- Sundeck
- Roommate Matching
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 34 | $1,252 | 700 |
| 2+2 | 69 | $1,592 | 1,016 |
| 3+2 | 34 | $1,989 | 1,186 |
Property Taxes
| Parcel Number | 30-04-18-2-001-003.000 | Improvements Assessment | $2,920,620 |
| Land Assessment | $88,400 | Total Assessment | $3,009,020 |
Property Taxes
Parcel Number
30-04-18-2-001-003.000
Land Assessment
$88,400
Improvements Assessment
$2,920,620
Total Assessment
$3,009,020
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