Approximately 43% of students nationwide live off-campus, making areas near universities prime locations for rental investments.
Investing in rental properties near universities is an excellent opportunity due to the steady demand, higher rental rates, a stable market, and year-round tenants, including students and university staff.
Therefore, we've selected 7 properties near the University of South Alabama, offering great opportunities for investors. These properties are not only close to the university, attracting a steady stream of student renters, but they also promise good returns thanks to their location and features.
Moreover, all of these properties are reasonably priced, making them an excellent choice for students or university staff looking to buy.
Let’s check them out!
The first property, a charming 3-bedroom, 2-bathroom cottage at 1105 Linlen Ave in Pinehurst, is just moments away from South Alabama University. It's been freshly painted and features new laminate flooring, making it an ideal ready-to-move-in home. With an open floor plan and a large backyard with a porch and patio, it's perfect for both quiet living and social gatherings.
Not far from there, at 801 Parkwood Dr E, you'll find a property at $254,000. It's equipped with a new roof, HVAC, and modern finishes throughout, offering a spacious layout that seamlessly connects living, dining, and kitchen areas. The large backyard is a peaceful retreat for enjoying coffee or get together with friends.
Moving on to 274 Thrift St, this well-kept 4-bedroom, 3-bathroom ranch-style house offers proximity to dining, shopping, and the university. With updates like stone countertops and a gas fireplace, it combines comfort with convenience. The house also features a large carport and a fenced backyard, making it an ideal choice for families or groups.
At 5102 Village Cir E, a fully renovated home awaits, offering style and practicality near the university. With a modern kitchen, bright living spaces, and a new wooden deck, it's a blend of elegance and ease. The property includes three spacious bedrooms, including a master suite with a walk-in closet and updated bathroom.
For those seeking a cozy space, 5263 Border Dr S in Country Club Village is an excellent choice. Situated on a large lot, this home has been updated with new water lines and a recent HVAC system. It's an ideal property for those looking for a compact, easy-to-maintain home close to the university.
If you're looking for something more spacious, 6050 Brandy Run Road S in the Springhill Subdivision might be the perfect fit. Priced at $489,000, this beautiful home boasts crown molding, built-in bookshelves, a cozy fireplace, and a large screened porch. Upstairs, the master suite and additional large bedrooms offer ample space, along with a bonus room for entertainment or hobbies.
Finally, at 5132 Norton Ln, a cute, remodeled cottage is ready for its new owners. With 4 bedrooms and 2 baths, it's ideal for a family or college roommates. The kitchen features quartz countertops and LED lighting, and the fenced backyard and new HVAC system add to its appeal. The back deck is perfect for BBQs or quiet relaxation.
Ready to make a smart investment choice?
Don't miss this opportunity to invest in a property that combines a great location with potential for steady rental income. Contact us now to learn more and take the first step towards a savvy investment!
