VIP LOCATION! Fronts BBE and Hwy 90 Potential Galore

Multi-Family for Sale
Catylist Listing ID: 30520318
Property Subtypes: Mixed Use, Mobile Home Park, Other
Number of Units: 6 Units
Building Size (RSF): 5,400 SF
Gross Building Area: See Agent
Gross Land Area: 6.82 Acres
Sale Price: $1,393,000
Unit Price: $232,166.67 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/15/2019

Overview / Comments

Great location for a RV/MH park... Current use is a MH/RV on the parcel located on the BBE. Zoning does not reflect current use. Parcel fronting BBE has two driveways coming off the expressway.. Parcel that fronts Hwy 90 also has 2 driveways that come of Hwy. There are 4 parcels that make this property package: PPIN: 078716 3.61 acres, PPIN; 026093 2.38 acres, PPIN:033409 .39 acres, and PPIN: 033407 .44 acres (appears that the Bottom right corner is zoned B2. Total acreage is 6.82. There are 2 homes, 2 MH homes, 2 RVs, a church and an AA meeting building on this property.. Seller states that rents are $3400 per month. Utilities available, but currently everything in on well and septic.
Family member owns the corner parcel .50 acres, currently zoned B2. Possibility to package the whole corner. Buyers or buyer's agents to verify all information.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Zoning: RSFE
Property Located Between: Buc-ees and Foley
Highway Access: BBE expressway and Hwy 90
Airports: PNS and Mobile Airport
Site Description: Great location... many possibilities.
Area Description: 10 minutes from I-10, 30 mins from Pensacola Fl, 20 Minutes from OWA, 25 mins from Orange Beach AL.
Total Number of Buildings: 8
Property Condition: Poor
Zoning Description: RSFE
Water Service: Well
Sewer Type: Septic
Land Ownership: owned

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,302 15,593
Median Age: 37.65 35.82
Households: 1,597 5,776
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