Firm Bringing New Homes To Tuscaloosa's Hacienda Neighborhood

TUSCALOOSA, AL — A Birmingham-based home building company is in the process of developing a large new neighborhood in west Tuscaloosa and expects to have new homes ranging from $160,000 to $260,000 available by this fall. The new development will be located in the Hacienda neighborhood, in close proximity to Tuscaloosa Magnet Schools and the University of Alabama.

Spartan Invest, in partnership with its sister-company, Alabama Rental Property, plan to offer properties to own and to rent. Vice President of Spartan Invest and Corinth Construction Jason Clark said the venture was prompted by the inventory shortage being seen across the country.

Click here to view floor plans for the project.

"We also wanted to be able to meet the different needs of both investors and residents alike and this neighborhood does just that," he said. "Corinth has enabled Spartan to help investors diversify and tenants are given more options during the search process. we feel it’s a win-win for everyone”.

Buyers can choose from a pre-planned selection of styles and finishes, along with floor plans including up to 1,700 square feet.

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Spartan Invest says the project will kick off with four different phases of breaking ground and framing the structures. The firms are currently prepping for phase two to begin.

For renters, the company says select homes will be available ranging from $1,300 to $1,600 a month.

Lindsay Davis, CEO of Spartan Invest, Alabama Rental Property and Corinth Construction, said the turn-key model implemented includes providing fully renovated homes to tenants all over central and north Alabama.

"We believe that all homes should meet a higher standard of living at an affordable price," she said. "We have taken this same approach with new construction – offering families brand new homes at affordable rental rates.”

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