Tuscaloosa AL Multi Family for Sale
$1,200,000
2925 Hargrove Road Tuscaloosa, AL 35405
- Type:
- Apartment
- Sq.Ft.:
- 9,936
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.44 Acres
- Year built:
- 2008
- Baths:
- MLS#:
- 164813
- Subdivision:
- Hargrove Place
ADDITIONAL INFORMATION
Fully Leased Eight Unit Apartment Complex offered at a 5.0% Cap Rate. Each unit is a 2BR/2BA leased at a below market rate of $1000.00 per month. The brick and hardie-board complex was built in 2008. Eight new HVAC units installed in 2023. Centrally located in Tuscaloosa.
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Tuscaloosa Real Estate
The median home value in Tuscaloosa, AL is $264,900. This is higher than the county median home value of $204,600. The national median home value is $338,100. The average price of homes sold in Tuscaloosa, AL is $264,900. Approximately 35.01% of Tuscaloosa homes are owned, compared to 40.2% rented, while 24.79% are vacant. Tuscaloosa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tuscaloosa real estate agent to arrange a tour today!
Tuscaloosa, Alabama has a population of 99,252. Tuscaloosa is less family-centric than the surrounding county with 25.24% of the households containing married families with children. The county average for households married with children is 30.95%.
The median household income in Tuscaloosa, Alabama is $44,880. The median household income for the surrounding county is $57,508 compared to the national median of $69,021. The median age of people living in Tuscaloosa is 29.5 years.
Tuscaloosa Weather
The average high temperature in July is 92 degrees, with an average low temperature in January of 33.8 degrees. The average rainfall is approximately 52.9 inches per year, with 0.2 inches of snow per year.