Listed By
Agency Name: Bellator Real Estate, LLC Spanish Fort
Agency Phone: 251-928-0031
Shown By
Agent Name: Kerrin Kostelic
Agent Phone: (850) 982-9828
Agency Title: Levin Rinke Realty
Income Producing investment opportunity on Highway 59 in the heart of Robertsdale (ALDOT 2025 Traffic Reports 12,313). This property offers excellent visibility along one of Baldwin County's primary north-south corridors. Currently operated as an occupied multi-family/affordable housing property with reported gross scheduled rents of $31,680 annually and estimated NOI of $18,964, providing an approximate 9.99% cap rate at the $189,900 asking price. Continue operating as an income-producing property or explore potential future commercial use/redevelopment, subject to zoning and governmental approvals. Excellent opportunity for an investor...read more
Estimated Payment
$ 1,228.28 per month $1,010.73 Principal & Interest $162.17 Property Tax $55.39 Homeowner's InsuranceListed By
Agency Name: Bellator Real Estate, LLC Spanish Fort
Agency Phone: 251-928-0031
Shown By
Agent Name: Kerrin Kostelic
Agent Phone: (850) 982-9828
Agency Title: Levin Rinke Realty
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22716 Al Hwy 59, Robertsdale, AL 36567.
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22716 Al Hwy 59, Robertsdale, AL 36567.
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