21 Ac Apartments Senior Living Multi-Family MultiUse Landing Strip

Multi-Family for Sale
Also listed as Farm/Ranch
Catylist Listing ID: 30324025
Property Subtypes: Duplex/Fourplex, Government Subsidized, Low-Rise/Garden, Mixed Use, Mobile Home Park, Senior Living, Student Housing
Number of Units: 2 Units
Building Size (RSF): 2,337 SF
Gross Building Area: See Agent
Gross Land Area: 21 Acres
Sale Price: $795,000
Unit Price: $397,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

What an incredible property; you could land a plane and there is even a Quonset building on the property for a hanger. Unique opportunity to own two parcels totaling nearly 21 acres in Southeast Fairhope. One parcel is 1 acre with 4 BR/2BA house, and the other
(PPIN 341806) is 20+ acres with 1BR guest house, 49x35 Quonset Building (130mph rated), pond, and fencing for horse areas. Entire property is perimeter fenced with
electric access gate. Main house is stunning inside; features beautiful wood floors, ship lap ceiling, neutral colors, open floorplan, new carpet in bedrooms, and freshly
painted throughout. Kitchen has granite counters, Thomasville Cabinets, and tile flooring. Both baths have been remodeled, with the master having dual vanities and a
custom tile shower. House also has whole home generator, double paned windows, new HVAC in 2018, and a metal storm shelter in over sized garage. Roof replaced
in 2006. Great for those looking for ultimate privacy, wanting land for horses, or potential development (the guest house would make a great construction office).
Guest house is totally renovated including barn doors, wood floors, granite, & new appliances and HVAC. It includes a utility shed, a carport and large ramped deck for
handicap access. It's approximate 600 sqft not included in sq footage above. This property is currently income producing; guest house is rented and they have a horse
boarding operation1

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Tax District 02
Tax ID/APN: 56-01-01-0-001-020.002
Zoning: UNZONED, OUT SIDE COPORATE LIMITS
Property Located Between: County Road 32 and Champion Road
Highway Access: Traveling South on Hwy 181 turn East on County Road 32, continue approx.1 1/2 miles and turn South on Old Pierce Road for 1/4 mile. Driveway to property is on left across from several mailboxes (look for Realtor sign). Property is gated - will need gate code for entrance
Airports: Mobile Regional Airport, Pensacola Regional Airport
Site Description: Pristine 21 cleared and level prime acres of Baldwin County real estate and it comes with a Fairhope address. There is a small pond on the property and it is stocked with Trout and Bream per Owner. In addition, Owner says the pond is fed by wet weather run off. The entire property is fenced and gated. Currently the Owner has several horses on the property and the horse owners pay a monthly fee of $200. Access to the property is a 63 foot lane 625 feet long. There is an electronic gate at the end of the lane to gain entrance to the property. This land is prime for development and would make for a great subdivision location, senior living development or an incredible corporate retreat. As it is at the time, it is 20 acres of grass and perfect for horses, cattle or whatever livestock you wish. In fact at one time the Owner had an Ostrich farm on the property. You have to see the property to believe and appreciate what it offers.a
Area Description: Area is Fairhope South and the property is in an established area of single family residences as well as cotton fields.
Total Number of Buildings: 4
Property Condition: Excellent
Number of Stories: 1
Year Built: 1995
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Structure
Parking Description: Two car garage at main residence and covered carport at Guest House.
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Interior Description: The main house is very nice, you will not believe the ship lap ceiling. There are 4 bedrooms and 2 baths. There is a double vanity in the master bath.
Zoning Description: The property is outside the city limits of Fairhope. Currently unzoned but in Fairhope's footprint.
Lot Frontage: 63 Feet
Lot Depth: 662 x 1322
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Deeded
Legal Description: PPIN 341806 - 20 AC(C) COM AT THE NE COR OF SE1/4 OF NW1/4 OF SEC 1 FOR PT , TH W TO W R/W FOR POB, TH S 63.1', TH W 625.5', TH S 674.7 ' TH W 217.1', TH S 200.7', TH E 217.2', TH S 394'(S), TH W 662'(S), TH N 1322'(S), TH E 1292'(S) TO POB-SLIDE 2463-A, R EPLAT OF THE PROPERTY OF GEORGE & JAN JAHNER SEC 1-T7S-R2E ( PPIN 028639 - 200.7' X 217.1' - 1 ACRE TRACT SHOWN ON SLIDE 2463-A, REPLAT OF THE PROPERTY OF GEORGE & JAN JAHNER - COM AT SE COR OF N W1/4, TH W 663'(S), TH N 394'(S) TO POB, TH W 217.1', TH N 2 00.7', TH E 217.1', TH S 200.7' TO POB SEC 1-T7S-R2E (WD-SUR VIVORSHIP)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,112 6,604 27,273
Median Age: 40.92 40.77 43.3
Households: 797 2,550 11,251
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