Catylist ID:
#30869456
| Catylist Listing ID: | 30869456 |
| Gross Land Area: | 6.08 Acres |
| Sale Price: | $2,300,000 |
| Unit Price: | $378,289 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/10/2024 |
Overview / Comments
|
Presenting an exceptional opportunity in the real estate market, we offer a partially completed 32-unit RV park complemented by a historically designated short-term rental, nestled within a prime location. Currently pending one contingency for a fully entitled RV Park, this property stands adjacent to the busy Gulf Shores Sportsplex and is conveniently situated just 6 miles from the renowned Gulf Shores Beach. Upon completion, this site boasts significant potential for lucrative rental income streams or the option to capitalize on individual lot sales. With its strategic positioning and promising development trajectory, this investment opportunity represents a compelling proposition for investors seeking to maximize returns. Per the owner: To this point in construction we have installed the following: Detention pond Drainage to pond Fresh water City sewer Electrical conduit Fire hydrants Road Infrastructure not in: Road stripping Electrical wire and transformers |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Tax ID/APN: | 05-61-09-37-0-000-213.000 |
| Zoning: | UNZONED |
| Largest Nearby Street: | Hwy 59 |
| Zoning Description: | Unzoned, Owner is waiting for the approval of a PUD. |
| Part of Planned Development?: | Yes |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 5,529 | 25,589 |
| Median Age: | 38.4 | 40.56 |
| Households: | 2,516 | 10,950 |
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