Student Housing University of North Alabama-Florence

Asking Price$18,000,000

Gross Revenue
$1,600,467

Net Operating Income$1,200,000

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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Student Housing University of North Alabama-Florence


Asking Price$18,000,000

Gross Revenue
$1,600,467

Net Operating Income$1,200,000

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
* Master lease with university
* Two complex's (Nobles Crossing and Grandview)
* Both completely remodeled in 2021-2023
* UNA has grown on average of 7.1%
* 168 fully furnished beds
* 100% Occupancy for year 2025-2026
* 68 total units
* Florence Al voted #1 small college town by USA Today
About the Property
Type
Multi-Family
Building Status
Established
Facilities & Assets
https://www.una.edu/housing/housing-options/grandview.html
https://www.una.edu/housing/housing-options/nobles-crossing.html
Location Description
Florence Alabama
Current and Prior Use
Student Housing
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Seller will finance up to 40% of purchase price for 5 years at 5.9% interest contact
Listing Info
ID:
2414008
Listing Views:
Attached DocumentsAttachment Disclaimer

OM_for_Stundent_housing_University_of_N_Alabama.pdf


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Property Listed by: Jay Klos Compass Realty

Listing ID: 2414008 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.