Bluegrass RV Park

Multi-Family for Sale
Also listed as Hospitality
Catylist Listing ID: 30779473
Number of Units: See Agent
Building Size (RSF): 392,040 SF
Gross Building Area: See Agent
Sale Price: $2,250,000
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

Established RV park in excellent location in Foley, Alabama approximately 10 miles from white sandy beaches of Gulf Shores & Orange Beach. Located 1/2 mile from Foley Beach Express and 1 1/2 miles from Hwy.59 on Hwy 98. 47 hookups (30/50 amp) that are 25X75 with room for expansion for more, on the 9 acres. There is also a clubhouse with restrooms-showers-lounge area and a laundry.
For extra income to be included the following:
1-2019 Park model RV-100 amp-1 BR,1Bath, but could be 2 BR with additional room that has been added with a closet that now supports home office. Has a screened porch, a carport and cement board siding-metal roof has-new mini splits 2021 and a washer & dryer.
2.1 -16 X60 1995 Mobile Home-2 BR,1 Bath, currently being remodeled with new cabinets, new flooring, 2019 refrigerator and other new appliances being installed. A/C 2020.
4. 1-14 X40 1 bedroom cabin-5 yrs old with new kitchen, new shower & engineered hardwood flooring. A/C still in good working order.
5. 30 X 60 pole barn with lean to roof installed in 2021.
Property in front had a home on it at one time and another can be built there. Utilities and sewer already in place.
Don't miss this great opportunity.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-54-08-27-0-000-005.000
Percent Occupied: 99%
Community Amenities: Recreation Room, On-Site Maintenance

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,753 15,850 18,021
Median Age: 35.29 40.87 40.86
Households: 1,107 6,549 7,407

Contact

Photograph of Listing Agent

Joan Belanger

Gold Star Realty Group Gulf Coast CMLS Member
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