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Rosewood Manor

Posted: 2/18/2021
24 Units
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Rosewood Manor

About

About Rosewood Manor

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 24-unit Rosewood Manor apartment community located in Moulton, Lawrence County, AL. This asset is situated in booming North Alabama, pegged between the Florence/Muscle Shoals and Huntsville MSAs, which is expected to add nearly 50,000 new residents by 2025. The asset is immediately eligible to enter the Qualified Contract period and begin conversion to a market rate community. Built in 2001 as 55+ designated LIHTC, Rosewood Manor offers an outstanding opportunity to invest in an asset offered well-below replacement cost with significant value-add upside via LIHTC exit.