Single Family with Strong ARV · Fairhope, AL · Built 1936
101 Courthouse Dr, Fairhope, AL · Listed Jan 2025
Property typeApartment
Units107
Living area37,390 sqft
Lot0.5 acres
Year built1990
About this deal
Investment single-family home located at 101 COURTHOUSE DR, Fairhope, AL. Listed at $110,000. 3 bed / 2.0 bath, 1,936 sq ft, built 1936. Strong rental demand in the area; suitable for buy-and-hold or fix-and-flip. Clean title, responsive seller.
The numbers
- Cap rate
- 6%
- Net operating income
- $16,200/yr
- Cash flow
- +$1,350/mo
- Occupancy
- 54 of 107 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.
Who can make an offer
The seller only takes offers from buyers who meet these requirements.
- Beginner credibility level or higher