Tuesday, October 24, 2023 / by Jenna Pendley
Just Sold! - Beach/Bay House with AMAZING Rental Numbers in Gulf Shores/Fort Morgan
I recently had the pleasure of helping an awesome family from Michigan purchase their dream property on the Alabama Gulf Coast. This family had a dream house in mind and together we looked for well over a year to find it.
With both the buyers and myself diligently searching the MLS we were able to find a beautiful bay front home in Gulf Shores, in the Fort Morgan area, with a brand new dock and boat house for UNDER their desired purchase price.
We quickly made an offer, went under contract, and closed 30 days later.
This family bought the house sight unseen and purchased the house using facetime, detailed videos, and the inspection report. The videos and inspection report were detailed and thorough and the family was delighted when they finally got to see the house in person. It far exceeded their expectations!
The rental projections on this house were over $65K per year. It came fully stocked and turnkey so there was minimal work to do before putting it on the rental market.
Soon after purchasing the rentals started rolling in. The buyers' friends and family wanted to rent it, as well as people off of AirBnB, VRBO, and other rental sites.
If you are interested in renting this house yourself, send me a text or give me a call and I’ll share the link with you to book!
Features of this house include: 4 bedrooms, 2 bathrooms, an outside bar, an upstairs deck with firepit and large table, brand new dock and boat house, brand new palm trees, and AMAZING views. You should see the sunsets, they are spectacular. Just to name a few things! The owners are also diligently adding more and more things to make this one of the best rentals in Gulf Shores.
And it will soon have a pool!
This house is close to: the new Jesse's restaurant, Fort Morgan Ferry, Tacky Jacks, Sassy Bass, The Beach Club Spa, and TONS of public beach accesses.