| For Sale or Lease | Open to All Offers | Seller Financing Available | Lease with Option to Buy | Real Estate Included | 30-Unit ILF on 1.5 Acres |
| Converted from an Assisted Living Facility on May 1, 2025 | Operating revenue for 2025 is projected to be $920,000 with a NOI of $283,000 |
| Stabilization above 90% occupancy projected by the end of 2025 | Upon stabilization, revenue is projected to be $1,100,000 with a NOI of $534,000 |
| Garden Studio Unit @ 445 SF (12 Units) - $2,750/month; Garden Suite Units @ 557 SF (18 Units) - $3,250/month |
| Baldwin County is the second fastest growing county in Alabama and the seventh fastest growing metro area in the US |
| Daphne-Fairhope-Foley, AL is the 6th fastest growing MSA in the US based on 2023-2024 population |
Lance Niel
RE/MAX of Orange Beach