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1514 6th Ave E
Tuscaloosa, AL 35401
Blue Haus · Multifamily Property For Sale · 84 Units

Investment Highlights

  • Class-A Product: granite counters, stainless appliances, in-unit washer/dryer, gigabit internet, Luxer One package lockers
  • Strong University Fundamentals: UA has grown enrollment 30%+ over the last decade. The University has 38,320 students and plans to grow further
  • 97% Occupied for '21-'22 School Year: average rent of $941 per bed
  • Limited Future Purpose-Built Pipeline: Tuscaloosa extended a development moratorium for purpose-built product around the university

Property Facts

No. Units 84
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class A
Lot Size 1.86 AC
Building Size 98,472 SF
Average Occupancy 100%
No. Stories 3
Year Built 2019
Zoning R-3 - Residence District

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Den
  • Freezer
  • Island Kitchen
  • Pantry

Site Amenities

  • 24 Hour Access
  • Business Center
  • Controlled Access
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Furnished Units Available
  • Package Service
  • Maintenance on site
  • Online Services
  • Shuttle To Campus
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 54 $1,175 -
2+2 30 $1,460 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 31-07-25-1-003-017.000
  • 31-07-25-1-003-016.000
Land Assessment
$81,900
Improvements Assessment
$2,402,180
Total Assessment
$2,484,080
  • Listing ID: 24049221

  • Date on Market: 9/7/2021

  • Last Updated:

  • Address: 1514 6th Ave E, Tuscaloosa, AL 35401

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