704 Washington Chapel Terrace Court - University Terrace

For Sale

704 Washington Chapel Terrace Court, Tuskegee, AL 36088

This Tuskegee property for sale is located at 704 Washington Chapel Terrace Court. The current listed sale price for 704 Washington Chapel Terrace Court - University Terrace is $3,900,000. 704 Washington Chapel Terrace Court - University Terrace is situated on a lot that is 6.57 acre in size.

Contacts

broker
Paul Hodges

Hodges Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 67,462 SF
  • Units 60
  • Lot Size 6.57 Acre
  • Year Built 1974
  • Date Updated Mar 4, 2025
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.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.
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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.

Getting around

  • 2/100

    Walk Score ®

  • 19/100

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Location

  • City Tuskegee, AL
  • Zip Code 36088

Points of Interest

  • Chevron

    0.60 miles

  • Valero

    2.52 miles

  • BP

    4.69 miles

  • Tuskegee Airmen National Historic Site Parking Lot

    3.56 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Paul Hodges

Hodges Commercial Real Estate

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