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104 Laguna Cir Daphne, AL 36526

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For Sale
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Turnkey Rental, Golf Course Lot, High ROI

Property size:
2,300 SF

Property Features for 104 Laguna Cir

General Information

Property type
Multifamily properties
Square Feet
2,300 SF

Building Details

Year Built
1994
Buildings
1
Stories
2
Units
1

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Listing Contact
John R Ward

Listing Agent: John R Ward

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a single-family home in Daphne, Alabama, a thriving community experiencing significant population growth and high demand for housing. Located on a premium golf course lot in Baldwin County, this property offers substantial potential for appreciation. The 2,300 square foot, two-story home, built in 1994, boasts recent updates including new plumbing and a fortified roof, ensuring both functionality and cost savings through insurance discounts. The property is zoned R-3, providing flexibility for future use. Its proximity to I-10 enhances tenant attraction, appealing to those commuting to Mobile or Pensacola. The home's strong financial performance is reflected in its $360,000 asking price, a $156.52 price per square foot, and a projected 5.40% pro-forma cap rate, generating a pro-forma NOI of $19,457. This turnkey rental property is an ideal addition to any investment portfolio, offering a compelling combination of location, updates, and strong financial projections. The property's location on a golf course lot adds to its desirability and potential for long-term value growth. This is a rare opportunity to acquire a high-performing rental property in a desirable location with significant upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential income homes

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Daphne
County
Baldwin
State
Alabama
Longitude
-87.888945563049
Latitude
30.646169470655

FAQs

What type of property is this?
Multifamily property - Turnkey Rental, Golf Course Lot, High ROI
Where is this multifamily property located?
The property is located at 104 Laguna Cir Daphne, AL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: $360,000 asking price for this single-family rental property in Daphne, Alabama.; 5.40% pro-forma cap rate with a $19,457 pro-forma NOI.; Located on a premium golf course lot in a growing area with high housing demand.
(251) 923-9523 Call to check price and availability
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