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

These are the details for the real estate listing in your search for 18711 West Oak Rd, Gulf Shores, AL - MLS® # 181822. You may be searching for a house, condo, or other property for sale, and we are here to help you with your search. As Gulf Shores real estate agents, we know that not just any property will do, and you can use the powerful tools on our website to find precisely what you want.

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Related Pages
Gulf Shores Bay Front Condos | Gulf Shores Commercial Property | Gulf Shores Bay Front Commercial Property | Gulf Shores Beach Front Condos | Gulf Shores Pkwy Homes

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.