Capstone Apartment Partners is pleased to present the temporarily branded Tuscaloosa Studios, a hotel redevelopment opportunity located in Tuscaloosa, Alabama. Currently operated as a 122-key Americas Best Value Inn, the asset presents an exceedingly rare opportunity to reposition the existing property into student housing.  The lower construction and redevelopment costs allow developers to provide competitive housing without incurring the expenses that exist with ground-up construction, while also being eligible for Qualified Opportunity Funds. The incredible accessibility to the University of Alabama, in addition to the strength of the surrounding multi-family fundamentals, make the Tuscaloosa Studios an appealing investment opportunity. 

• Opportunity Zone Tax Benefit
• Proximity to University of Alabama and Retail
• Redevelopment Opportunity
• Located On a Bus Line to Campus