Overview
Southwest Alabama Apartment Portfolio
This portfolio comprises 80 units within three LIHTC apartment communities situated in Livingston, Grove Hill, and Chatom, Alabama. Constructed in 1995, 1997, and 1999, these properties present an opportunity to enter the affordable housing market in southwest Alabama. The properties include community amenities such as on-site offices, laundry facilities, gazebos, and playgrounds. Grove Hill, the county seat of Clarke County, is characterized by its Southern hospitality and historic charm, offering a peaceful environment with access to schools, local businesses, and outdoor recreation, with convenient connections to larger cities via U.S. Highway 43. Chatom, the county seat of Washington County, provides a close-knit atmosphere with essential services, schools, local businesses, and recreational areas, while maintaining convenient travel to larger cities like Mobile via U.S. Highway 45. Livingston, located in Sumter County, features a strong sense of community and a deep-rooted history, serving as a hub for local government, education, and commerce, and is home to the University of West Alabama, with convenient access to larger cities like Tuscaloosa and Meridian, MS, via U.S. Highways 11 and 28, as well as Interstate 20/59. The total property size is 74,536 square feet.
