2110 Forest Lake DrTuscaloosa, AL 35401

Property Details for 2110 Forest Lake Dr

Lot size

1.00 AC

Property size (Sq ft)

5,367 SF

Property type

Residential income homes

Property subtype

Dormitories

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.

Location Insight

City

Tuscaloosa

County

Tuscaloosa

State

Alabama

Latitude

33.1911

Longitude

-87.5345

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