Kings Manor

Kings Manor

Tuskegee, AL
Under Contract
  • Property Type: Apartments
  • Year Built : 1982
  • Property Size: / 51 Units

Overview

Capstone Apartment Partners is pleased to present Kings Manor Apartments, a 51-unit apartment complex located in Tuskegee, Alabama. Kings Manor is conveniently located near Tuskegee University, which offers employment opportunities as well as a place to live for students looking for off-campus housing. Positioned along State Route 80, Kings Manor is located between Montgomery and Auburn, allowing for easy access to numerous amenities and employment opportunities in each city. Current ownership has renovated 6 of the 51 units, providing new owners with the opportunity to continue this value-add program and achieve rent premiums of up to $100. Additionally, Kings Manor presents investors the opportunity to buy at a very low basis and implement sophisticated third-party management to lease up a currently vacant property.

Investment Highlights

  • Value-Add Opportunity
  • Located Near Tuskegee University
  • Proximity to Montgomery and Auburn Amenities

Contact Information

Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 7006
adam@capstone-companies.com
Austin Heithcock Senior Advisor P: 615.477.1971
O: 800.746.3175 ext. 7021
h.austin@capstone-companies.com
Jordan Arand Investment Sales Advisor P: 815.291.9250
O: 800.746.3175 ext. 7047
jarand@capstone-companies.com
Joshua White Investment Sales Advisor P: 334.703.2492
O: 800.746.3175 ext. 7022
jwhite@capstone-companies.com