18711 West Oak Rd, Gulf Shores, AL 36542 - $639,900
MLS® S# 181822 is a Commercial property in Gulf Shores
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 2.25
- Acres
18711 West Oak Rd, Gulf Shores, AL,
Apartment complex in Gulf Shores. Priced at $35,550/unit. Current occupancy 83%. 9 duplex buildings, 18 units total, 2 bed/1 bath each, rent for $500 each. At 100%, CAP rate up to 12%. Zoning R-1-4 (this property is grandfathered in). Paved driveway & parking areas for 5 of the duplexes. 5.8 miles to Gulf Shores Public Beach, stone's throw from Bon Secour River.
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Most Important Details
- Type:
Commercial
- Waterfront:
- Waterfront Type:
No Waterfront
- Boat Facilities:
None
Essential Information
- MLS® #:
- 181822
- Price:
- $639,900
- Acres:
- 2.25
- Age:
- 21-25
- Type:
- Commercial
- Sub-Type:
- Apartments
- Status:
- Active
Community Information
- Address:
- 18711 West Oak Rd
- Area:
- Gulf Shores-N ICW
- Subdivision:
- Gulf Shores
- City:
- Gulf Shores
- County:
- Baldwin
- State:
- AL
- Zip Code:
- 36542
Amenities
- Utilities:
- Cable TV, Underground Utilities, Water-City
- Features:
- Carpeting Included, Restroom-Private
- Waterfront:
- No Waterfront
- Boat Facilities:
- None
Interior
- Heating:
- Central Electric, Central Heat
Exterior
- Lot Description:
- 1-3 acres
- Construction:
- Frame, Wood, Slab
Additional Information
- Date Listed:
- November 30th, 2011
- Days on Market:
- 178
- Zoning:
- 2+ Family Residence, Other-See Remarks
- Terms of Sale:
- Cash, Conventional
Listing Details
- Listing Office:
- Re/max Of Orange Beach
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The data relating to real estate for sale on this website comes in part from the Baldwin County Association Of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on May 26th, 2012 at 7:30am.