University Corner Apartments of ±1.16 acres of land currently being utilized as a 28-unit multi-family apartment complex, located at 141 Thomas Street, in the city of Auburn, Alabama. Subject improvements include three 3-story wood-frame apartment buildings with brick exterior walls housing a total of 28 units. The buildings have pitched, gabled roofs with asphalt shingles and steel staircases with concrete steps. There are 12 3BR/2BA units and 16 4BR/2BA units. The property is improved with paved concrete driveways and 78 parking spaces (2.79 per unit) for tenant use. Overall, the existing subject property and all associated site improvements are considered to be in average condition.