BayForest Homes with Daphne Elementary Elementary School

BayForest Homes with Daphne Elementary Elementary School

Welcome to BayForest, an enchanting subdivision nestled in the heart of Daphne, Alabama, where Southern charm meets modern living. This vibrant community, located in beautiful Baldwin County, offers a serene escape while being just moments away from the bustling amenities of the city. BayForest is known for its picturesque landscapes, featuring lush greenery and scenic views, making it an ideal setting for families, retirees, and anyone seeking a tranquil lifestyle.

One of the standout features of BayForest is its close proximity to Daphne Elementary School, ensuring that education is just a stone's throw away. Parents will appreciate the convenience of having their children attend a highly-rated institution, fostering a nurturing environment for young learners. The school’s commitment to academic excellence and community engagement makes it a perfect choice for families looking to settle down in this charming neighborhood.

The homes in BayForest are designed with comfort and style in mind, boasting spacious layouts and modern amenities that cater to today’s lifestyle. Whether you’re seeking a cozy single-family home or a more expansive residence, BayForest offers a variety of options to suit your needs. Each property is thoughtfully placed among the natural beauty of the area, providing residents with a sense of peace and privacy.

In addition to its stunning homes and excellent schools, BayForest residents enjoy a wealth of recreational opportunities, from nearby parks and walking trails to local shopping and dining. Come discover the magic of BayForest in Daphne, Alabama—a community where you can truly feel at home!

Newest BayForest Homes with Daphne Elementary Elementary School

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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