(251) 714-7800
Real Estate Company
12-unit Foley investment offered at $1,915,000. Six duplexes (12 residences) built 2017–2018: four 2bed/1bath, four 3bed/1bath, and four 4bed/2bath units. Eleven of twelve units leased at listing; one vacancy. Two-year average gross income is approximately $181,000. Current rent roll and floor plans in MLS docs. Includes a 1,200 sq ft metal building with electricity. Newer construction, mixed unit sizes, and high occupancy in a growing Foley market near shopping, medical, OWA, and a short drive to the beaches. Buyer to verify all information during due diligence.
Listing courtesy of RE/MAX of Orange Beach.
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