OPPORTUNITY KNOCKS! This 1.67+/- acre property has the footprint in place to be a thriving mobile home park. The property currently consists of 3 older mobile homes, 2 rented and 1 seller occupied, a barn with finished room attached, and a metal building (30’X25’) that was once used as a commercial laundry for rental properties along the coast. All the equipment is in place to crank it back up and put it in use. Use it or lease it. There is plenty of room to add more homes, increasing the income potential. This is a fantastic opportunity at this price. Get it before it’s gone! Property, structures, and any included equipment is sold “AS-IS WHERE-IS NO WARRANTIES EXPRESSED OR IMPLIED.” Offers must contain as-is clause as written. Shown by appointment only. An agent must be present to walk property. Buyer to verify all information during due diligence. Cross reference with cmls# 391009
Rare Investment Opportunity – Prime Location in Foley, AL. Don’t miss this exceptional opportunity to acquire 10 apartment units each offering two bedrooms and one bath across three parcels (PPIN #396767, #72683, and #48020) located near each other in one of Foley’s fastest-growing and most desirable areas. The property was remodeled in 2022 with upgrades including stainless appliances, wood-look vinyl flooring, fresh paint, butcher block kitchen islands, and in-unit laundry rooms. Strategically located just one block off Highway 59, these parcels offer excellent visibility and access—ideal for both immediate income generation and future commercial development. Zoned B-1 (Local Business District), residential use is no longer permitted under current zoning. However, the existing units are operating under legal non-conforming status, allowing continued residential occupancy. Whether you're looking for rental income or a high-profile redevelopment opportunity, this property provides both flexibility and potential. Highlights: •10 total apartment units • 3 separate parcels: PPIN #396767, #72683, #48020 •Zoned B-1 with legal non-conforming residential use •Property remodeled in 2022 •Excellent exposure just one block from Hwy 59 •Strong rental potential + future redevelopment opportunity** See attached document regarding zoning and rental information from the City of Foley. Buyer to verify all information during due diligence.
This charming six-plex, built in 1925, is a historical gem located just steps from Foley Downtown. With only four owners in nearly a century, this property sits on a little over half an acre. Currently operated as a 55+ community, it's consistently 100% occupied. Walking distance to Foley Elementary and Middle Schools, and downtown with all you need doctor's offices, vet clinic, restaurants, shops - you name it. South Baldwin Regional Medical Center, Police Department, Municipal Court, DMV, Riviera Utilities and more are located within 2 miles radius. The two-story building houses six units, each offering 1 bedroom and 1 bathroom and its own kitchen. Five units are on the main floor, while one occupies the upstairs level. All units come equipped with individual mini-split A/C systems. Coin laundry is available for common use. There's also a full basement, not in use by tenants, offering extra potential. Ample on-site parking is available for tenant convenience. Utilities are included in the tenant's monthly payments. The property underwent a renovation in 2018, with updated electrical, plumbing, sprinkler, and smoke detector systems, ensuring modern functionality in a historic setting. Buyer to verify all information during due diligence.
Foley is located in Alabama. Foley, Alabama has a population of 20,170. Foley is less family-centric than the surrounding county with 18.33% of the households containing married families with children. The county average for households married with children is 29.71%.
The median household income in Foley, Alabama is $53,817. The median household income for the surrounding county is $64,346 compared to the national median of $69,021. The median age of people living in Foley is 52.9 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 65.7 inches per year, with 0 inches of snow per year.
