704 Washington Chapel Terrace Court - University Terrace

704 Washington Chapel Terrace Court Tuskegee, AL 36088

704 Washington Chapel Terrace Court, Tuskegee, AL, 36088
704 Washington Chapel Terrace Court, Tuskegee, AL, 36088 704 Washington Chapel Terrace Court, Tuskegee, AL, 36088 704 Washington Chapel Terrace Court, Tuskegee, AL, 36088 704 Washington Chapel Terrace Court, Tuskegee, AL, 36088 704 Washington Chapel Terrace Court, Tuskegee, AL, 36088
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,900,000
Last Verified:
Mar 04, 2025

Daily Email Blast
0 times


Highlights

  • Prime Location: Close to the newly established Samkee Corporation facility and Tuskegee University (approx. 3,000 students).
  • High Rental Demand: Strong occupancy potential from students, the local workforce, and market-rate tenants.
  • Investment Potential: Opportunities for steady cash flow and long-term appreciation.
  • Strategic Growth: Proximity to major employers and a growing local economy enhances ROI prospects.

Description

This 67,462 SF multifamily low-rise/garden property features 60 units, offering strong investment potential. Conveniently located near the new Samkee Corporation facility, a major economic driver in the area, and Tuskegee University, which boasts a student enrollment of approximately 3,000, the property ensures strong rental demand. Whether targeting student housing, workforce accommodations, or market-rate rentals, this property presents an exceptional opportunity for high returns in the growing Tuskegee real estate market.

Discover the thriving community surrounding the location in Tuskegee, AL! This historic town offers a blend of rich cultural heritage and modern amenities, making it an ideal location for an Office / Office Building investment. Located near the Tuskegee University campus, the area benefits from a vibrant student population and educational resources. Additionally, the property is near the Tuskegee Airmen National Historic Site, a poignant reminder of America's aviation history. Local restaurants, shops, and entertainment options provide convenience and leisure for tenants and employees. With its combination of historical significance and modern conveniences, the area offers an attractive setting for an Office / Office Building investment.


Year Built: 1974
Building Size: 67462sq ft
Lot Size: 6.57 acres

Map of 704 Washington Chapel Terrace Court, Tuskegee, AL, 36088

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.