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Hargrove Road Apartments 2925 Hargrove Rd E 4 Unit Apartment Building $1,200,000 ($300,000/Unit) Tuscaloosa, AL 35405
Investment Highlights
- 2 separate buildings with 4 units in each.
- All units are currently leased with steady income
Executive Summary
*GREAT INVESTMENT OPPORTUNITY** Located near the interstate as well as shopping, restaurants, parks, and more, this investment opportunity includes 2 separate buildings with 4 units in each. Each unit features over 1200 sq ft as well as 2 bedrooms and 2 full baths. Units have beautiful laminate hardwood flooring in the living area and hallway, tile in the kitchen and baths, and carpet in all bedrooms. There's also granite countertops! All units are currently leased with steady income rolling in. Don't miss out on this income-producing opportunity!
Property Facts
| Price | $1,200,000 | Lot Size | 0.45 AC |
| Price Per Unit | $300,000 | Building Size | 9,936 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2008 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | RMF1 | ||
| Price | $1,200,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.45 AC |
| Building Size | 9,936 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 1.2/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RMF1 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 1,245 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 30-09-32-4-001-033.000 | Improvements Assessment | $221,800 |
| Land Assessment | $38,340 | Total Assessment | $260,140 |
Property Taxes
Parcel Number
30-09-32-4-001-033.000
Land Assessment
$38,340
Improvements Assessment
$221,800
Total Assessment
$260,140
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Hargrove Road Apartments | 2925 Hargrove Rd E
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