Cash cow in a great location, this property has (1) brick house, (3) mobile homes, (4) Rv lots and (80) storage slips that generate 10k in gross monthly income, seller says the NOI is over 80,000 yearly. Seller will consider owner financing.
Multi-familyProperty Type
1978Year Built
5 acresLot Size
$561Est. Price/Sq.Ft.
Listed by Ted Brokop• Coastal Leaders Realty Group
Contact: PHONE: 251-589-7815
Bought with Ryley Corliss• Ashurst & Niemeyer, LLC
INCOME PRODUCING 3 BEDROOMS 2 BATHS, BRICK HOME WITH (3)ADDITIONAL MANUFACTURED HOMES CURRENTLY ON SITE ON A 5 ACRE LOT(NOT ZONED) IN THE COUNTY WITH NUMEROUS PECAN TREES, RENTAL INCOME $2,875 A MONTH FOR THE 4 HOMES. OWNER SAYS SELL!!!JUST REDUCED $55,000.THIS SITE HAS GREAT POTENTIAL FOR A BUSINESS OR MOBILE HOME PARK, CONVENIENTLY LOCATED TO FOLEY AND THE BEACH CITIES, COME SEE UR NEXT OPPORTUNITY!
Public Records
Jul 20, 2005
Sold
$270,000
$165/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,353 (+46.0%)
2023
$2,296 (+31.3%)
2022
$1,749 (+9.5%)
2021
$1,597 (+4.2%)
2020
$1,533 (+11.1%)
2019
$1,379
2018
$1,379 (+22.2%)
2017
$1,129 (+14.5%)
2016
$986 (+17.9%)
2014
$836
Tax history for 12278 Grantham Road Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,353 (+46.0%)
2023
$2,296 (+31.3%)
2022
$1,749 (+9.5%)
2021
$1,597 (+4.2%)
2020
$1,533 (+11.1%)
2019
$1,379
2018
$1,379 (+22.2%)
2017
$1,129 (+14.5%)
2016
$986 (+17.9%)
2014
$836
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5 Acres
Year renovated
1996
Sq. Ft.
1,633
Year built
1978
Style
Mobile/Manufactured Home
County
Baldwin County
APN
55-07-25-0-000-099.001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
Property details
Interior
Heating & Cooling
Has Heating
Heating: Electric, Central
Interior Features
Appliances: Refrigerator, Electric Range
Exterior
Exterior Features
Patio And Porch Features: Covered, Patio
Roof: Metal
Property Features
On Waterfront
Has View
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Four To Ten Units
Lot Information
Lot Size Acres: 5
Financial
Tax Information
Tax Annual Amount: $1,596.50
Location
Schools Information
Elementary School: Foley Elementary
Middle Or Junior School: Foley Middle
High School: Foley High
Location Information
Directions: From Foley take Hwy 98 west toward Fairhope and turn left onto Grantham Rd and proceed to the location on the left
Subdivision Name: None
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,633
Stories: 1.0
Lot Size: 5 acres
Style: Mobile/Manufactured Home
Year Built: 1978
Year Renovated: 1996
County: Baldwin County
APN: 55-07-25-0-000-099.001
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
AttributionContact: PHONE: 251-589-7815
Around this home
Schools
Magnolia School
Public PreK-6 • Assigned • 1.3mi
5/10
Foley Middle School
Public 7-8 • Assigned • 2.6mi
8/10
Foley High School
Public 9-12 • Assigned • 3.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 106° expected this year, 22 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Foley, AL • 36535
Average low and high temperatures (°F)
60
40
69
48
74
54
79
60
83
67
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92
76
89
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87
71
81
61
73
55
65
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.