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815 Garden PkwyTuscaloosa, AL 35405
Hallmark at Garden Parkway
Asset ClassMultifamily
# Units92
Year Built: 2007Access Data Room
92 UNITS IN TUSCALOOSA, AL
overview of deal

Overview

Qualified Contract eligible in 2027 with market rate multifamily rents in the surrounding area $70 to $110 above the current net maximum allowable limits

 

Property is offered free and clear of current financing. Multiple years of interest-only financing is available

 

Property has more than 50% of tenants utilizing some form of housing voucher, allowing for a more insulated and consistent income

 

A mix of one-, two-, and three-bedroom units featuring a balcony or patio, walk-in closet(s), laminate floors, microwave, dishwasher, garbage disposal, air conditioning, and in-unit washer and dryer connections

 

Community amenities include a business center, clubhouse, community room, swimming pool, on-site laundry facility, barbecue and picnic area, playground, and leasing office

 

Recent capital expenditures include flooring improvements

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815 Garden PkwyTuscaloosa, AL 35405

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