2110 Forest Lake Dr Tuscaloosa, AL 35401
- Residential income homes
- 5,367 SF
- 1.00 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 2110 Forest Lake Dr
- Lot size
- 1.00 lot acres
- Property size
- 5,367 SF
- Property type
- Residential income homes
- Property subtype
- Dormitories
- APN
- 31-07-25-2-022-002.000
Description
This exceptional investment opportunity presents a portfolio of four turn-key single-family rental homes ideally situated in Tuscaloosa, Alabama's Forest Lake area. Boasting a total of 5,367 square feet across four buildings on a one-acre lot, this property offers a compelling return on investment. Currently operating at 100% occupancy, generating a gross annual rent of $73,800, this portfolio benefits from its proximity to the University of Alabama campus, ensuring consistent tenant demand. Each unit is priced at $174,750, with the entire portfolio listed at $699,000, translating to a price per square foot of $130.24. The property features city water and sewer services and is zoned under a variety of designations including R1, RA-1, and R3, providing flexibility for future development or expansion. This established, turnkey student rental portfolio represents a rare opportunity to acquire a high-performing, income-generating asset in a desirable location. The property's address is 2110 Forest Lake Dr, Tuscaloosa, AL 35401, with APN 31-07-25-2-022-002.000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tuscaloosa
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -87.53447455731
- Latitude
- 33.191146748383
