Tuscaloosa Studios

Tuscaloosa Studios

Tuscaloosa, AL
Available
  • Property Type: Student Housing
  • School Name : University of Alabama
  • Year Built : 1981
  • Property Size: / 122 Units

Overview

Capstone Apartment Partners is pleased to present the temporarily branded Tuscaloosa Studios, a hotel redevelopment opportunity located in Tuscaloosa, Alabama. Currently operated as a 122-key Americas Best Value Inn, the asset presents an exceedingly rare opportunity to reposition the existing property into student housing.  The lower construction and redevelopment costs allow developers to provide competitive housing without incurring the expenses that exist with ground-up construction, while also being eligible for Qualified Opportunity Funds. The incredible accessibility to the University of Alabama, in addition to the strength of the surrounding multi-family fundamentals, make the Tuscaloosa Studios an appealing investment opportunity. 

Investment Highlights

  • Opportunity Zone Tax Benefit
  • Proximity to University of Alabama and Retail
  • Redevelopment Opportunity
  • Located On a Bus Line to Campus 

Contact Information

Austin Heithcock Investment Sales Advisor P: 615.477.1971
O: 800.746.3175 ext. 721
h.austin@capstone-companies.com
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 706
adam@capstone-companies.com
Tyler Mayo Senior Advisor P: 662.386.1622
O: 800.746.3175 ext. 729
tyler@capstone-companies.com
Jordan Arand Investment Sales Advisor P: 815.291.9250
O: 800.746.3175 ext. 747
jarand@capstone-companies.com
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