REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,995,000
Est. payment | /mo
$ 3,995,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 395866
HOA Y/N No
Property Sub-Type Vacant Land
Source Baldwin County
Property Description
**Juniper Street Apartments** Located in Foley, AL 36535 Situated in the vibrant city of Foley, Alabama, offer an exciting investment opportunity on this property that qualifies for Opportunity Zone classification! Approved for 400 multi-family apartment units by the City of Foley, this property boasts a strategic location near major highways such as Highway 59, Highway 98, and the Foley Beach Express; providing convenience for residents and visitors alike. The proposed site plan includes almost 10 acres of open space, enhancing the living environment for tenants. Surrounding amenities include the popular Tanger Outlets shopping center, OWA theme park, diverse dining options, and proximity to Gulf Coast beaches like Gulf Shores and Orange Beach. Investors can capitalize on the dynamic growth in Foley, highlighted by annual events like the Gulf Coast Hot Air Balloon Festival, Shrimp Fest, and big name concerts at The Wharf. Located in Foley's southside near large retail stores and entertainment venues, Juniper Street Apartments offer a promising venture to tap into this thriving market. *Adjacent 28.94 Acres also available with approval for 192 Townhomes. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Zoning PlannedUnitDevelopment
Exterior
Utilities Available Sewer Available, Water City
Waterfront Description No Waterfront
Building
Lot Description Level
Others
Special Listing Condition None
Listed by RE/MAX of Orange Beach
Nearby School & Business