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$ 599,000
Est. payment /mo
Active
2531 University Boulevard #3&4 Tuscaloosa, AL 35401
1,750 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $342
MLS Listing ID 173416
HOA Fees $600/mo
HOA Y/N No
Year Built 2025
Annual Tax Amount $4,892
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Condominium
Property Description
Outstanding 1031 exchange opportunity on University Boulevard in downtown Tuscaloosa. National retail tenant with over 90 locations in 27 states beginning year two of a five-year lease with 10% increase at renewal. Newly built in 2024 with significant tenant renovation in 2025 makes it a maintenance-free property and with a cap rate of 5.49%, this is a solid investment in a growing community. The owner/listing agent is a licensed realtor in the State of Alabama.
Location
State AL
County Tuscaloosa
Area (02) Central Tuscaloosa City
Direction Downtown Rock Point building on University Boulevard between the two Lurleen Wallace Boulevards across from Renesant Bank
Interior
Heating Central, Electric, Gas
Cooling Central Air
Flooring Concrete, Tile
Fireplace No
Exterior
Utilities Available Electricity Available
Others
Tax ID 31-05-22-2-209-014.000
Listed by Keller Williams Tuscaloosa