BayForest Homes with Trees Lot features

BayForest Homes with Trees Lot features

Welcome to BayForest, a picturesque subdivision nestled in the heart of Daphne, Alabama, where nature and community come together in perfect harmony. This enchanting neighborhood is situated in beautiful Baldwin County, renowned for its stunning landscapes and vibrant lifestyle.

BayForest is a haven for those who appreciate the beauty of nature, boasting homes that are surrounded by lush, mature trees that provide both shade and a sense of tranquility. The tree-lined streets create an inviting atmosphere, making it a perfect place for families, retirees, and anyone looking to escape the hustle and bustle of city life. Here, you can enjoy peaceful strolls or bike rides along winding paths, all while being enveloped by the serenity of nature.

The homes in BayForest are designed to blend seamlessly with their natural surroundings, offering spacious lots that allow for privacy and outdoor enjoyment. Many properties feature expansive backyards, perfect for hosting gatherings, gardening, or simply unwinding after a long day. Each residence is a reflection of the community's commitment to quality living, with various architectural styles that cater to diverse tastes.

Living in BayForest means you’re just a stone’s throw away from Daphne’s charming downtown area, where you’ll find delightful shops, restaurants, and recreational activities. Plus, the stunning beaches of the Gulf Coast are only a short drive away, offering endless opportunities for fun in the sun.

Discover the charm of BayForest, where your dream home awaits amidst the beauty of nature and the warmth of community. Come and experience the lifestyle you’ve always envisioned!

Newest BayForest Homes with Trees Lot features

500 Grant St Unit C212, Daphne
$832,000
2 Beds ⋅ 2 Baths ⋅ 413270 MLS
SEVEN-UNIT CONDO INVESTMENT OPPORTUNITY IN DAPHNE, AL! Expand your real estate portfolio with seven Bay Forest condos available together for $832,000, with one unit included AT NO COST as part of the full seven-unit package! This investment opportunity features five occupied units generating rental income and three vacant, move-in-ready units offering additional leasing potential. All 8 units package gross numbers are as follow: In-Place Gross Income (5 Units): $62,340, In-Place Net Operating Income (NOI): $24,230, Pro Forma Gross Income (8 Units Stabilized): $124,320 (Assuming the 3 vacant units lease at the target portfolio average of $1,295/mo), Pro Forma NOI: $74,418 (Underwritten with 5% vacancy allowance and 10% PM fee), Pro Forma Cap Rate: 8.94%. SEE DOCUMENTS FOR FULL INVESTMENT NUMBERS. The seller prefers a portfolio sale but will consider individual offers. Seller will pay off the temporary HOA special assessment at closing. A $5,000 seller concession is available toward closing costs or a 2-1 rate buydown for the vacant units, subject to applicable terms and lender approval. Reference MLS #: Occupied units: MLS 395674, 395671, 395670, 395666. Vacant units: MLS 395673, 395672, 395668. Contact us for financials, rental information, and purchase options! Financial figures are based on historical performance and pro forma calculations; future income and returns are not guaranteed. Buyer to verify all information during due diligence Buyer to verify all information during due diligence.

500 Grant St Unit C212, Daphne

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© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .

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