604 E 4th St, Bay Minette, AL 36507

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Building Details:

• Year Built: 1998

Bay Villa Apartments is a Class B, 8 unit multifamily asset with nice units, good amenities, good parking and is well located in the capital of Baldwin County. The property has 6,180 gross rentable square feet and sits on 0.99 acres zoned multifamily residential. All the units are approximately 770 square feet with 2 bedrooms and 2 bathrooms. There are 16 parking spaces with a 2.0 parking ratio. The property is currently has one vacancy and has suffered low occupancy in the previous 12 months due to bad management, which has subsequently been rectified. New management continues to improve the inside of the units by replacing all the carpet with tile floors.

• Value Add Opportunity
• One Vacancy due to a Unit Fire
• Washer and Dryer Connections
• Additional Land Included