Luxurious Living
Game Day or Everyday
New Condominiums in Auburn, AL
Opportunity
Capstone Real Estate Investments (“Capstone”) is pleased to present the following opportunity for condominium ownership in Auburn, AL. Capstone recently acquired 626 Shug Jordan Parkway, an existing apartment community in a strategic location bordering the Auburn University campus. The property – which will be named “Harper Flatts Condominiums” consists of six three-story, garden-style buildings.
Your Place. Your Style.
Harper Flatts is adjacent to the Auburn University campus and within proximity to well-known campus destinations, including new Fraternity Row (0.25 miles), Jordan-Hare Stadium (1 mile), and Neville Arena (1.1 miles). The community is located less than two miles from Downtown Auburn, specifically Toomer’s Corner, where the Auburn family often gathers to celebrate. From there, choose from dining, including Hamilton’s on Magnolia, The Draft House, Little Italy’s Pizzeria, Mellow Mushroom, One-Forty Grill, The Hound and Southern Greens. Shop at specialty boutiques such as Behind the Glass, Therapy Boutique, Auburn Oil Company Bookstore, J&M Bookstore, Auburn Art and Wrapsody.
Capstone Real Estate Investments (“Capstone”) is pleased to present the following opportunity for condominium ownership in Auburn, AL. Capstone recently acquired 626 Shug Jordan Parkway, an existing apartment community in a strategic location bordering the Auburn University campus. The property – which will be named “Harper Flatts Condominiums” consists of six three-story, garden-style buildings.
Your Place. Your Style.
Harper Flatts is adjacent to the Auburn University campus and within proximity to well-known campus destinations, including new Fraternity Row (0.25 miles), Jordan-Hare Stadium (1 mile), and Neville Arena (1.1 miles). The community is located less than two miles from Downtown Auburn, specifically Toomer’s Corner, where the Auburn family often gathers to celebrate. From there, choose from dining, including Hamilton’s on Magnolia, The Draft House, Little Italy’s Pizzeria, Mellow Mushroom, One-Forty Grill, The Hound and Southern Greens. Shop at specialty boutiques such as Behind the Glass, Therapy Boutique, Auburn Oil Company Bookstore, J&M Bookstore, Auburn Art and Wrapsody.
Capstone Real Estate Investments (“Capstone”) is pleased to present the following opportunity for condominium ownership in Auburn, AL. Capstone recently acquired 626 Shug Jordan Parkway, an existing apartment community in a strategic location bordering the Auburn University campus. The property – which will be named “Harper Flatts Condominiums” consists of six three-story, garden-style buildings.
Your Place. Your Style.
Harper Flatts is adjacent to the Auburn University campus and within proximity to well-known campus destinations, including new Fraternity Row (0.25 miles), Jordan-Hare Stadium (1 mile), and Neville Arena (1.1 miles). The community is located less than two miles from Downtown Auburn, specifically Toomer’s Corner, where the Auburn family often gathers to celebrate. From there, choose from dining, including Hamilton’s on Magnolia, The Draft House, Little Italy’s Pizzeria, Mellow Mushroom, One-Forty Grill, The Hound and Southern Greens. Shop at specialty boutiques such as Behind the Glass, Therapy Boutique, Auburn Oil Company Bookstore, J&M Bookstore, Auburn Art and Wrapsody.
Market Overview
Auburn Condonminium Market
Both the City of Auburn and Auburn University are experiencing historical growth and demand. This has contributed to an equally historical level of demand and low inventory across the Auburn condominium market. In 2024, there have been an average of 18 units sold per month with units lasting only 29 days on the market on average. An analysis of these sales shows an underserved demand for Two-Bedroom, Two-Bathroom and Three-Bedroom, Three-Bathroom units. Furthermore, the demand is even greater for units within two miles of the Auburn University central campus. During the 2024 peak selling season, from March to August, only 37 units in any Auburn location made it to market, and they sold after 13 days on the market on average. The average sales prices for those Two-Bedroom and Three-Bedroom units exceeded $380,000. Furthermore, average condominium unit sales prices increased 36.4% over the past twelve months. We are confident in the value of a newly renovated product with high-end finishes, highly sought after floor plans, and proximity to Auburn University’s rapidly growing campus.
Condominium Units In High Demand
Average condominium unit
sales prices increased 36.4% from
October 2023 to October 2024
29
Days
Average Days on Market for
condominiums in Auburn
Less than two months’ of condominium
inventory on the market in Auburn,
representing historically low supply
Auburn University
Established in 1856, Auburn University is a nationally recognized “Power 4” University with an enrollment of 33,885 students for Fall 2024. The University has seen significant growth over the last five years and is projected to continue that trend over the next several years. Auburn University currently enrolls 33,885 students and employs 12,335 total employees. The University achieved its 10th consecutive record enrollment in Fall 2024 and enrolled the largest freshman class in its history with over 6,100 students. Auburn also surpassed its previous record with over 55,000 first-year student applications, representing a 14% increase from 2023 and a 138% increase from 2019.
With 206 academic buildings across 1,800 acres, Auburn is widely respected as a southeast hub for academia and research projects. The school offers more than 140 majors across 15 different colleges, and students can participate in more than 300 clubs campus-wide. Auburn University has garnered exceptional education demand, and the student body has grown nearly 18% over the last 5 years. Auburn is a Carnegie R1 research university and has ranked in the top 11% of U.S. research institutions, coming in at No. 100 among 915 universities. Auburn’s stature as a top-ranking institution is confirmed by its frequent appearance in various national rankings. In the 2023 edition of U.S. News & World Report, Auburn was named among the top 50 public universities in the United States, underscoring its reputation for quality education and broad academic offerings. Publications like Forbes and The Princeton Review also highlight Auburn for its return on investment and affordability in the 2022 rankings.
Auburn is poised to continue its trend of unprecedented growth and is continuing to invest in campus facilities. The 167,000 square foot College of Education Building and 265,000 square foot STEM+Ag Sciences Complex are slated to open in 2025 and 2026, respectively. Additional facilities upgrades include the Environmental Education Building (2024), University Events Center Addition (2025), Recreation and Wellness Center Renovation (2025), and Gogue Performing Arts Center Studio Theatre & Amphitheatre (2025).
Explosive Auburn University Growth
33,855
Students Enrolled in
2023-2024
10th consecutive year of
record enrollment
18% Enrollment Growth
138% Application Growth Since 2019
City Of Auburn
In addition to Auburn University’s growth, the City of Auburn is one of the fastest growing cities in Alabama, with its population growth outperforming the state’s and nearly triple the U.S. average in 2023. The locale boasts one of Alabama’s highest rated school districts and nearly $1.3B in capital investment over the past decade. The Auburn-Opelika MSA is an eastern Alabama community with over 174,000 residents. The metro is centrally located among several key MSAs including Montgomery (55 miles to the southwest), La Grange, GA (45 miles to the northeast), Columbus, GA (40 miles to the southeast), Birmingham (100 miles to the northwest), and Atlanta, GA (100 miles to the northeast). Auburn has flourished over the past two decades due to an outstanding school system, low crime rates, and overall affordability, which has resulted in an influx of residents from surrounding MSAs. Auburn offers a boisterous economic atmosphere, with a rapidly expanding population that has increased more than 77% since 2000. Auburn-Opelika has garnered $1.2 Billion in capital investment over the past 10 years.
Excellent Quality Of life
- Fastest Growing City in Alabama – With over 83,660 residents and 2.0% annual growth, The US Census Bureau estimates that Auburn is the fastest growing city in Alabama
- Top Ranked Schools – Auburn is the 3rd best school district in the state per Niche.com, and all schools in Harper Flatts’ zoning district received ratings of “A” or “A+”
- Thriving Tourism and Investment Property Market – in 2023, tourism contributed $785 million to the Auburn-Opelika economy, a 21% increase from 2022 and a new record for tourism in the area, according to Auburn-Opelika Tourism.
Proximity Map
Floor Plans
Dual Primary Suite 2 Bedroom / 2 Bath
1,107 sq. ft. | Starting at $334,500
3 Bedroom / 2 Bath with Primary Suite
1,157 sq. ft. | Starting at $369,500
3 Bedroom / 3 Bath with Primary Suite
1,207 sq. ft. | Starting at $402,000
Each unit showcases attention to detail, boasting modern finishes and a timeless neutral color palette throughout. The layouts are thoughtfully designed to maximize comfort and style, creating spaces made for enjoying life’s moments, from the quiet to the social. Each unit is appointed with:
Neutral Color Palette
Quartz Countertops
White Cabinetry
Stainless Steel
Appliances
LVP Flooring
In Main Living Area
Carpet
In Bedrooms
Amenities
Living at Harper Flatts means joining a community. Residents enjoy access to common areas that foster connection and relaxation, including a central hub ideal for studying and hosting social events. Our luxury community makes it easy to meet neighbors and engage with local businesses, from dining to shopping. Community amenities include, but are not limited to:
- Green spaces, featuring a fire pit with seating, lounge and grilling areas
- Resort-style pool
- Tennis Courts
- Basketball court
- Fitness Center
- Dog Park
- Tiger Transit Bus Stop-Harper Flatts, part of the Samford-Shug Jordan Route with two buses running every 15-25 minutes. Find exact route info at auburn.etaspot.net.
- Business Center, providing shared professional amenities like workstations, internet, computers, and printers, plus meeting rooms and co-working spaces
Available Units
Monthly Dues
Two Bedroom, Two Bathroom Flat – 1,107 sq. ft. – $222
Three Bedroom, Two Bathroom Flat – 1,157 sq ft – $240
Three Bedroom, Three Bathroom Flat – 1,207 sq. ft. – $241
Site Map
2 Bed | 1 Bath
2 Bed | 2 Bath
3 Bed | 2 Bath
3 Bed | 3 Bath
2 Bed | 2 Bath
Townhouse
Not included in offering
Contact
Ryan Roberts, Realtor ®
(334) 750-9872
c.ryan.roberts@gmail.com
1810 E. Glenn Ave. 130
Auburn, AL 36830