All Forum Posts by: Nick Vickerson

Off-Market Opportunity: 66 units

- 37 Conditioned - 29 Unconditioned 

- 6 Vacant Units - 6 parking spaces rented

- Half an acre prepped for development of 330 more units

- Concrete, gated, with keypad entry

- 1 year old

Also within walking distance to the football stadium which is a big deal. 

Actually the price isn't bad in our market. The University is at almost 40,000 students and that's not slowing down anytime soon. The place will never go a day without a tenant in it. 7 bedrooms rent for 675 and 3 for 700. Tenants party utilities. Taxes are 3174 a year. Waiting to get the numbers for insurance and landscaping. Property is leased through 2017 right now. 

Ralph he is motivated but he doesn't need to sell it. If you have someone who would be interested at even taking a look then you'll have those numbers.

Hey Steve, I don't own this property but I can get those numbers for you. The list price is 975,000 and I'll have the other info for you if you think it's something you would like to take a look at. 

Great investment opportunity in Tuscaloosa, Alabama to purchase a turn key student housing investment with 10 bedrooms and 10 bathrooms. Units include granite tops, hardwood floors, solid wood cabinetry and stainless appliances. Each bedroom has a dedicated off street parking space. Units are 100% leased through July 2017. Location affords the ability to walk or bike to The UA campus.

Sheila I don't know of another investor right now that's looking for a partner but if I run across someone I'll send them your way! Ralph I don't have the numbers in front of me. The seller prefers to keep them confidential until we are in front of a buyer.