RE/MAX Horizons Realty Premiere Investment Team Features:
Queen Anne Apartments!
Portfolio  Sale  Of  Three  Complexes  In  Northwest  FL  And South  AL!!!

Offering Summary: Listing Status: Active Property Type: Multi-Family   Subtype: Garden/Low-Rise   Property: Queen Anne Apartments Address: 200 Dobson Avenue   Bay Minette, AL  36507.  United States Price: $1,825,000 Down Pmt: $365,000 Sq. Feet: 61,548 Lot Size: 4.00 acr. Units: 68 Occupancy: 98 % Use Type: Investment   Investment: Cap Rate: 9.5% actual Factors: Cash-on-Cash: 18.43% actual   Price/ Unit: 26,838     Built: 1979     Gross Rent Mult:     Currency: USD

Property Description:

The property consists of a 4.25 acre parcel in Bay Minette, AL, the county seat for Baldwin County. The townhouse units contain a half bath downstairs and full bath upstairs, washer and dryer hook-ups, range, dishwasher, stainless sink, frost free refrigerator.

Location Description:

The property is located in Bay Minette,AL, the county seat of Baldwin County. The town is located apprx 30 miles from Mobile, and about 45 minutes from Gulf Shores, a popular Gulf resort community. It is the largest city in Baldwin County, which is a rich farming and forestry region in southwest AL.

RE/MAX Horizons Realty Mark Taylor Phone: 850-476-6000 ext:3346    Kenneth Payne Phone: 850-476-6000 ext:3335

Queen Anne Page 2

Retail    Industrial    Office    Apartments    Residential    Land

Send mail to CompanyWebmaster with questions or comments about this web site. Copyright © 2002 Horizons Realty, INC. Last modified: 02/04/2003