|
Bon Secour Apartments for Sale
18711 Oak Rd W (CR 6), Gulf Shores, AL
36542
|
18 Units x 2 bed/1 bath - 2.25
acres- $35,550/unit or $639,900 |
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% occupancy, 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. 5.8 miles to Gulf
Shores Public Beach, stone's throw from Bon Secour River.
DIRECTIONS:
From Gulf Shores Public Beach, take Hwy 59 North 4.4 miles, left on CR 6 for 1.4
miles. Property is on the right at intersection of CR 6 (Oak Rd W) and Turpin
Ln.
Scroll
RIGHT for more pictures (34 pictures total).
Click on each to enlarge
|
