BayForest Homes with Assigned Parking Features

BayForest Homes with Assigned Parking Features

Welcome to BayForest, an enchanting subdivision nestled in the heart of Daphne, Alabama, within the picturesque Baldwin County. This charming community is a hidden gem that perfectly balances serene living with modern conveniences. With its lush landscapes and friendly atmosphere, BayForest is an ideal place for families, retirees, and anyone seeking a peaceful retreat close to nature.

One of the standout features of BayForest is the variety of homes available, each designed with comfort and style in mind. Many residences come equipped with assigned parking, ensuring that you always have a convenient spot for your vehicle. This thoughtful amenity adds to the ease of living in this welcoming neighborhood, allowing you to focus on what truly matters—enjoying your home and community.

As you stroll through the tree-lined streets of BayForest, you’ll discover beautifully maintained homes that reflect a range of architectural styles, catering to diverse tastes. The community is not just about aesthetics; it’s about creating a lifestyle. Residents enjoy access to nearby parks, walking trails, and recreational facilities, making it easy to stay active and engaged with nature.

Daphne itself is a vibrant city, known for its rich history, charming downtown, and proximity to the stunning Gulf Coast. Whether you’re looking for a weekend adventure or a peaceful evening at home, BayForest offers the perfect backdrop for your life’s next chapter. Come discover the warmth and beauty of BayForest—your dream home awaits!

Newest BayForest Homes with Assigned Parking 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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