202 S Mobile St

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202 S Mobile St

Fairhope, AL 36532
Asking Price
Contact for price
Asset Type
Hospitality
Class
Class B

What's Special

Hospitality | 4 Keys <ul><li>​Rare bayfront real estate opportunity in the heart of Fairhope, Alabama, one of Coastal Alabama’s most desirable waterfront communities.</li><li>​±4,386 SF, three-story building situated on ±0.30 acres with unobstructed panoramic views of Mobile Bay.</li><li>​Premier location adjacent to the Fairhope Municipal Pier and Bayfront Park, providing direct access to the waterfront and surrounding public amenities.</li><li>​Mixed-use commercial and residential zoning allows flexibility for hos

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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