Seven-Unit Condominium
500 Grant St Unit C212, Daphne, AL 36526
For Sale
New
$832,000
The package combines occupied residences with vacant units available for leasing.
Property Size873 SF
Price / SF$953.04
Days on Market7
Property Features for 500 Grant St Unit C212
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Multifamily Units
Tenant in Place
Building Details
Year Built
Listing Agency:
Roberts Brothers Inc. - Gulf Coast
Listed By:
Ann Lawrence · License AL 152368-1
(251) 974-5625
Source:
Susan.forsaleonthegulfcoast
Added: Nov 7
Changed: Nov 12
Last Checked: Nov 12 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roberts Brothers Inc. - Gulf Coast
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily offering brings together seven Bay Forest condominium units in Daphne. Four are occupied, while three are vacant and described as move-in ready. The property was built in 1983.
The four-unit occupied group carries a 7.24% pro forma cap rate. The portfolio includes all seven units as a combined offering.
The four-unit occupied group carries a 7.24% pro forma cap rate. The portfolio includes all seven units as a combined offering.
Key Highlights
- Seven condominium units offered as one portfolio
- Four units are occupied; three are vacant
- 7.24% pro forma cap rate for the four‑unit occupied offering
Property Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Explore this area
Business Placement
Demographics for 36526, AL
35,720
Population
14,074
Households
2.5
Avg Household Size
40
Median Age
43%
College-Educated
94%
High-School Grad
37.7 sq mi
ZIP Area
947
Density / Sq Mi
$90,733
Median Household Income
$50,049
Median Earnings
$1,353
Median Rent
$311,000
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in Baldwin County, AL
Properties on Market for Multifamily properties in Baldwin County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The package combines occupied residences with vacant units available for leasing.
Where is this multifamily property located?
The property is located at 500 Grant St Unit C212 Daphne, AL.
What is the asking price?
The asking price for this property is $832,000.
What are key features of this property?
This property features: Seven condominium units offered as one portfolio; Four units are occupied; three are vacant; 7.24% pro forma cap rate for the four‑unit occupied offering
