All Forum Posts by: Mark Davis

• Oversized corner lot with live oaks and pecan trees
• Property includes:
  • a 1/1 bedroom home with a great room...$550.00 mo
  • Separate 1/1 bedroom apartment....$450.00 mo.
  • Both are occupied by long-term tenants.
  • Both houses are currently rented for a total of $1,000 per month.
  • Asking $140,000.00
  • On City water and sewer
  • Tenants pay their own utilities
  • New tankless water heaters
  • Sold as is, where is.
  • (Click Link for More pictures and details)
  • https://vid.us/ffeik1 (Link to the video and other information)

• A classic island-style apartment complex on a large site on the Inter-costal Waterway.
• 10 spacious 1 bedroom units, and 2 very nice studio units.
• Highly durable concrete block construction with tile floors and metal roofing.
• Located approximately 1 mile from Tacky Jacks Gulf Shores.
• Very well maintained and always occupied.
• ​Asking $1,190,000 (Owner financing will be considered)
• ​​(Pictures and other information)​​​
• ​​CanalPlaceRentExpences111621.pdf (Rent Roll and Expenses)​​​
• https://vid.us/iosmfg (Link to video and other information)
  
• ​*Please forward this email to an investor you know that may be interested in this or other South Alabama Investment Properties

• 13-unit apartment complex located in downtown Gulf Shores, AL.
• This property features:
  • 4) 2 bedroom units and
  • 9) 1 bedroom units.
• Helms Haus Apartments are situated on a large corner property in one of Gulf Shores' most established neighborhoods and it is always occupied.
• Complex features ultra-durable concrete block construction, with tile floors, and a metal roof.
• Coin laundry is on-site
• The property was built in the 1960s and has been exceptionally well maintained.
• Located just a couple blocks from the Gulf Shores Catholic Church, Walmart, the beaches, and other local attractions.
• ​Asking $1,190,000 (Owner financing will be considered)
• ​​HemsHausApartmentsGulfShores.pdf (Click for ​pictures and other information)​​​
• ​​HelmHausRentExpenses11162021.pdf (Click for rent roll and expenses)​​​
• https://vid.us/jme609 (Link to the video and other information)
  
• ​*Please forward this email to an investor you know that may be interested in this or other South Alabama Investment Properties

• Incredible long-term income opportunities on The Island.​
• Quick access to Beach and Fort Morgan.​
• Gulf Shores School District.​
• Well-built brick 2-story duplex with a very large open floor plan with balconies, hardwood, tile floors, and a metal roof.​
• Duplex has 2 units
  • Each 1 Br/1Ba - Rents for $850/month per unit.​ (Total: $1,700)
• Mobile Home in good condition with a large deck
  • 2 Br/1Ba - Rents for $790/month.​
• Total Monthly Rent: $2,490 mo.
• Each unit has its own meter for electricity and city water.​
• Sewer - septic tank.​
• The property is very well-landscaped and offers a lot of privacy.​
• These properties are rarely vacant​.
• ​Asking $299,000
  
• ​Click the Links for more information​​
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  • BuyersAgencyAgreement_1.pdf
  • Link to the video and other information (Click the link)

• Multi Use Building on Great Location.
• 2,875 Sq Ft. building
  • 6 acres to expand. Good frontage road area
• The building has been an Assisted Living Center & a Boy's Home Facility.
• ​Could be Adult Day Care, Child Day Care, Group Home, etc.
• Walking distance to Walmart
• Very close to Drug Stores the new Publix and other shopping centers.
  
• GROWING West Mobile
• Building ​includes:
  • ​Commercial sprinkler system
  • ​Commercial fire system
  • Commercial Ansul fire suppression system over the stove
  • Emergency lighting
  • ​New HVAC
  • Laundry Room
    
  • 6 Bedrooms/activity rooms
  • City Water
    
  • Septic
  • The building could easily be many other commercial businesses!
    • ​Rent business offices/"Bays" to nail salons, hair dressers, etc.
      
  • ​Asking $489,000 (Motivated Seller!!!)
  • ​
  • https://vid.us/lb9uoe (Link to the video and other information)

13 UNITS

• 12 Mobile Homes
• 1 single-family home
• CITY WATER AND SEWER
• ​10 of the 13 homes are currently rented
  • 10 of the 13 homes are rented and bring $75,000 per year
  • ​See the attached documents for the rent roll
    
• CASH renters ​with long work hours mostly just need a place to sleep.
  • THESE TENANTS HAVE PROVEN TO BE A GOOD SOURCE OF INCOME AND MUCH LESS Damage, Drama, and other issues associated with tenants. ​
• ​Several long-term tenants have been at the park for over three years.
• Asking $445,000 (No owner financing.)
• ​Property Brochure (Property Brochure with Pictures)
• ​​​​
• ​​​​​https://vid.us/9be7p0 (Link to the video and other information)

Unique and rare opportunity Smack Dab in the MIDDLE of Gulf Shores.​

• ​Walk to almost any place in the City in just a few minutes, including the beach.​
• The existing 1940s concrete block duplex is always occupied.​ T
• The parcel has been subdivided and is now 2 lots!
  • These lots are suitable for a Single Family home each.​
  • There is already some redevelopment on that street with a couple of very high-end custom homes.​
• The property is accessed from both West 2nd Street, and Oleander Cove, with private access at the rear of the property.​
• Both Units are occupied under long-term rental.​
• Each unit contains 2Br/1Ba.​
  • One unit rents for $1,100/m
  • ​Second one for $1,300/m.​
  • ​Asking $325,000
    
• Showing available with an accepted offer during the DD period.​
• ​I'm checking to see if short-term rentals are allowed.
• https://vid.us/zsrfki (Link to the video and other information)

• Income-producing duplex in the heart of Fairhope!
• Currently renting $1,000 per side ($2000/month)
  • ​One tenant is Section 8.
• Duplex features each side is 3/2.
• Tenants pay for all utilities.
• ACs are only 2-3 years old.
• Roof 10 years old
• Asking $325,000
  
• Showings are to be done as part of the due diligence period of the accepted contract.

​

https://vid.us/ilc8k0 (Link to the video and other information)

Upscale / Historic 6-Plex Downtown Foley Built in 1917 by a successful Foley businessman, this large historic home was gently converted into a 6-Plex apartment with fully updated electrical and plumbing, and even sprinkler system.​

• ​The property is currently operated as a 55+ only apartment complex.​
• Always fully occupied and in impeccable condition.​
  • (See brochure Link below for pictures)
• Rare opportunity, as this property has only changed hands 4 times in 100 years.​ Ideally located less than 1 mile from the hospital and most city services.​
• And less than 2 miles from the mall and Walmart.​
• ​Asking $650,000
• ​​FoleyALMultiFamilyBrochure.pdf (Click the purple link)​​​
• ​531WLaurelRentExpenses11162021.pdf (Click the purple link)​​​​​​
• ​​BuyersAgencyAgreement_1.pdf

​"The offer you don't make is the deal you won't get!"​​​

https://vid.us/ymens3 (Link to video and other information)

• Fully renovated 4 plex. Three units in the main structure. One unit in the rear structure.
  • A- 1/1
    • $950 (could push to $1,200)
    • ​The lease Expires on June 5, 2022
  • B-1/1
    • $​1,250
    • No Washer & Dryer
    • ​New HVAC 2019
    • New hot water heater
  • C-3/2 (Entire top floor)
    • $1,985 (could push to 2,150)
    • ​New HVAC 2020
    • Tankless hot water heater
  • D- 1/1
    • ​Lease Expires ​April 1, 2022
      
    • ​$1,200 (Cottage)
    • ​New mini-split HVAC
    • Tankless hot water heater

* No Short-Term Rental Restrictions!

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* All have new appliances
* All have new washers and dryers with the exception of unit "B"
* New roof (6 years old)
* New ac whole units on 3 units
* New hot water heaters in 3 units; 2 being high-end tankless
* All have quartz countertops with the exception of the carriage house.
* ​Termite Bond on property
* All have been insulated (plaster removed, insulated and sheet rocked)
* Updated plumbing
* ​All have newer Romex electrical wiring
* Sewer service line to the street is newer ​PVC

* Insurance $5,060 year

​​ (Click to view)

​​​BuyersAgencyAgreement_1.pdf (Click for download)​​​

​GovernmentStreet4Plex.pdf (Click to view)​​​

Asking: $650,000

https://vid.us/qfz3qe (Link to the video and other information)