Listing Details
- $1,915,000
- MLS# 411099
- Type Residential - Townhouse
- Status Active
Listed By
Agency Name: RE/MAX of Orange Beach
Agency Phone: 251-981-2400
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Home Value Estimate
Description
12-unit Foley investment offered at $1,915,000. Six duplexes (12 residences) built 2017-2018: four 2bed/1bath, four 3bed/1bath, and four 4bed/2bath units. Eleven of twelve units leased at listing; one vacancy. Two-year average gross income is approximately $181,000. Current rent roll and floor plans in MLS docs.Includes a 1,200 sq ft metal building with electricity. Newer construction, mixed unit sizes, and high occupancy in a growing Foley market near shopping, medical, OWA, and a short drive to the beaches. Buyer to verify all information during due diligence.
Features
- Refrigerator
- Electric Range
- Carpet
- Luxury Vinyl Plank
- Electric
- 1.0 Story
- $10,761 Taxes
- Built in 2017
Gallery
Listed By
Agency Name: RE/MAX of Orange Beach
Agency Phone: 251-981-2400
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
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