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Property profile & analytics
OFF-MARKET
Residential income homes

2110 Forest Lake Dr Tuscaloosa, AL 35401

5,367 SF 1 ac lot
Property ID
US03-0405340
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
Total area 5,367 SF
Lot 1 ac (43,560 SF)
APN 31-07-25-2-022-002.000
UPID US03-0405340
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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