Luxury Rv Resort / Great Location / New development

Vacant Land for Sale
Also listed as Multi-Family, Hospitality
Catylist Listing ID: 30179706
Property Subtypes: Hospitality, Multi-Family, Retail-Pad, Vacation/Resort
Gross Land Area: 39 Acres
Sale Price: $13,500,000
Unit Price: $346,153 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

New Development of Luxury Rv Resort in Foley, Alabama.​

Foley added more than 1,000 people in this one year, a growth rate of 5.1% - the fastest rate among Alabama cities with at least 10,000 people in 2020.​ And over the last decade, Foley's growth is even more impressive.​ Between 2010 and 2020, it added nearly 7,000 people, or a growth rate of around 47%.​

Right BY - OWA / LOWES / WOLF BAY LODGE / LAMBERTS.​.​.​

About 8 miles to Gulf Shores Public Beach.​

Approximately 30 acres.​ Road access to CR 20 and James Road.​

Currently under construction.​ Approximate date of completion February 2022.​

143 deeded lots in platted RV subdivision, with all the utilities, tap fees, pads, pedestals.​ Each Pad has its own electricity meter, water and sewer on common meter.​

Amenities:

Large Clubhouse - 6,000 SF

Main Pool - 2600 SF

Second Pool

Administration Building 3,600 SF

2 Bath Houses

Recreational Amenities

Retention pond 1,5 AC

Very easy accessible.​ From the interstate, take Baldwin beach express than Foley beach express and then miflin rd, park will be on your left within 0,5 ml.​

Individual lots will be priced at $119,900

Park is a vacation rental property, and will have vacation management on site.​ Lots will be rented out nightly , weekly or monthly - depending on owners preferences.​

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Foley
Tax ID/APN: 61-02-09-0-001-002.000
Property Located Between: Between Highway 59 and Foley Beach Express.
Property Visibility: Excellent
Largest Nearby Street: Highway 59,Foley Beach Express.
Highway Access: Highway 59,Foley Beach Express.
Area Description: Across from OWA.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,110 28,011
Median Age: 38.65 39.82
Households: 6,211 11,671

Contact

Photograph of Listing Agent

Alla Nikitina

Ryals Realty Gulf Coast CMLS Member
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