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355 S Mobile St - Oak Haven Cottages 19 Unit Apartment Building Offered at $6,721,019 CAD Fairhope, AL 36532
Executive Summary
Oak Haven Cottages
New Listing | $4,927,000 | Oak Haven Cottages | Fairhope, Alabama
Now available for the first time, this trophy property is situated on Mobile Street in the heart of the historic "Fruit and Nut" district.
Overlooking Mobile Bay and located within easy walking distance to the Fairhope Pier and downtown, this 2.52-acre parcel offers a rare investment opportunity. The property currently features a large main house and 10 separate cottages comprising 16 total rental units. Most notably, the land carries the coveted B-3b Tourist Resort Commercial Service District zoning, a rare designation in Fairhope. This flexible zoning allows for a wide range of high-value uses, including:
- Short-term vacation rentals
-Mixed-use residential and commercial development
-Boutique hotels, restaurants, and retail
Call Herrington Realty for more information
New Listing | $4,927,000 | Oak Haven Cottages | Fairhope, Alabama
Now available for the first time, this trophy property is situated on Mobile Street in the heart of the historic "Fruit and Nut" district.
Overlooking Mobile Bay and located within easy walking distance to the Fairhope Pier and downtown, this 2.52-acre parcel offers a rare investment opportunity. The property currently features a large main house and 10 separate cottages comprising 16 total rental units. Most notably, the land carries the coveted B-3b Tourist Resort Commercial Service District zoning, a rare designation in Fairhope. This flexible zoning allows for a wide range of high-value uses, including:
- Short-term vacation rentals
-Mixed-use residential and commercial development
-Boutique hotels, restaurants, and retail
Call Herrington Realty for more information
Property Facts
| Price | $6,721,019 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $353,738 CAD | Lot Size | 2.52 AC |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 19 | No. Stories | 1 |
| Property Type | Year Built | 1980 |
| Price | $6,721,019 CAD |
| Price Per Unit | $353,738 CAD |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | |
| Apartment Style | Single-Family Home |
| Lot Size | 2.52 AC |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1980 |
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Property Taxes
| Parcel Number | 46-03-37-0-011-059.000 | Improvements Assessment | $38,064 CAD |
| Land Assessment | $519,219 CAD | Total Assessment | $557,283 CAD |
Property Taxes
Parcel Number
46-03-37-0-011-059.000
Land Assessment
$519,219 CAD
Improvements Assessment
$38,064 CAD
Total Assessment
$557,283 CAD
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355 S Mobile St - Oak Haven Cottages
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