University Trace

Jacksonville, AL

University Trace is a 72 unit student/market tenant mix property in the growing town of Jacksonville, AL.

SCIG recognized value where others were not able to. University Trace was on market and passes over by several buyers. SCIG’s local knowledge and network are able to unlock potential value in most markets.

University Trace Apartments is conveniently located adjacent to the thriving Jacksonville State University. Through a heavy interior renovation value-add strategy, SCIG will be able to offer comfortable and modern finishes at an affordable price to its tenants. SCIG was able to close in time to meet end of the year deadlines and provide a great tax benefit to the investors through 100% bonus depreciation.

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