Courtesy of: Troy Wilson, Bellator Real Estate, LLC Spanish Fort, twilson@gobellator.com
Courtesy of: Troy Wilson, Bellator Real Estate, LLC Spanish Fort, twilson@gobellator.com
$189,900
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7 bed
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2,313 square feet
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5.00 Bath (5 Full)
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Lot: 0.24 Acres
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Triplex
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$189,900
22716 Al Hwy 59 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 seeking current cash flow with longer term commercial potential. Buyer to verify all information during due diligence.
Courtesy of: Troy Wilson, Bellator Real Estate, LLC Spanish Fort, twilson@gobellator.com
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