• 0 Shelene Way, Foley, AL 36535 Main Photo

0 Shelene Way
Foley, AL 36535

$3,000,000

30 Total Photos [Click to View All]

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Listing Details

  • $3,000,000
  • MLS# 390934
  • Type Commercial - Business
  • Status Active
  • 7,566
    Square Feet
  • 3.000 acres
    Lot Size
  • 2008
    Year Built
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Listed By

Agency Name: Realty Executives Gulf Coast
Agency Phone: 251-968-4300

Shown By

Agent Name: Jessica Freeland
Agent Phone: (850) 572-3447
Agency Title: Levin Rinke Realty

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Home Value Estimate

Description

20 Townhome units in four buildings along with common area land positioned in a gated development. Located in Foley AL, the states fastest growing city in 2025, only 9 miles to Gulf Shores public beach and within a 5-10 minute drive to all Foley has to offer. Renter demand is very strong for this product and this rate of rent in Foley, AL. These units stay rented/occupied with 12 month leases; and provide a consistent strong income with low owner expense. Current rental rates provide a 8.3% CAP rate; per Owner information. This is a rare find in Foley, AL and should be considered by all serious investors! Buyer to verify all information...read more

Features

  • Central Air, Heat Pump
  • 2.0 Stories
  • Public
  • Built in 2008
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Listed By

Agency Name: Realty Executives Gulf Coast
Agency Phone: 251-968-4300

Shown By

Agent Name: Jessica Freeland
Agent Phone: (850) 572-3447
Agency Title: Levin Rinke Realty

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/23/2026. The listing information on this page last changed on 03/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/23/2026 12:45:18 AM EST) or Pensacola MLS (last updated Mon 03/23/2026 12:13:10 AM EST) or Baldwin County MLS (last updated Mon 03/23/2026 12:41:10 AM EST) or Emerald Coast MLS (last updated Mon 03/23/2026 12:05:19 AM EST) or Navarre Area Board Of Realtors (last updated Sun 03/22/2026 11:48:02 PM EST) or Commercial Exchange (Levin Rinke) (last updated Sun 03/22/2026 7:19:02 PM EST). Real estate listings held by brokerage firms other than Levin Rinke Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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