20316 Brinks Willis Rd - Commercial LAND FOR SALE


Foley, AL 36535 2,383,603 SF
$4,395,000 USD
251-979-9198
20316 Brinks Willis Rd, Foley, AL for Sale
$4,395,000 USD
Commercial LAND - FOR SALE
1/27
2,383,603 SF

20316 Brinks Willis Rd
Foley, AL 36535


HIGHLIGHTS

  • • Fully approved 231 site RV Resort in Foley, AL (Baldwin County)
  • • Crafted to maximize rental revenue by being far superior resort than the local competition
  • • Gross annual revenue conservatively projected at $3,435,900 with an NOI of $2,349,900
  • • 8.4M tourists visited Baldwin County in 2023 with 6.5M of them flocking to the beaches and spending nearly $6.7B
  • • Baldwin County is the 2nd fastest growing county in Alabama and is the 7th fastest growing metro area in the US
  • • Recession resistant due to vacation affordability and low cost of living for longer term tenants

OVERVIEW

Fully approved 231 site RV Resort in Foley, AL! Designed by an RV enthusiast and land developer, Club RV is a high-end RV Resort intentionally crafted to maximize rental revenue by offering a product that is far superior to its local competition. With 121 angled pull-thru sites, 110 angled back-in sites, and a luxurious amenity package, Club RV is conservatively projected to generate $3.435M in gross annual revenue and net $2.349M annually, resulting in a proforma cap rate of 13.8%. The amenity package includes a large zero-entry pool, a covered swim-up bar, and walk-up bar under a spacious pavilion, indoor pickle ball courts and gymnasium, mini golf, natural tree lines on all sides, and much more. The site is situated on Brinks Willis Rd between Highway 59 and The Foley Beach Express allowing for easy north/south travel. With 1,160 feet on Brinks Willis Rd and a 60-foot easement on Keller Rd, the project is designed to move traffic smoothly throughout the resort with two ingress and egress points. Club RV is located in south Baldwin County, AL just seven miles north of the white sand beaches in Orange Beach and Gulf Shores. With its southern border lined by the emerald waters of the Gulf of America, Baldwin County is the second fastest growing county in Alabama and the seventh fastest growing metropolitan area in the United States. It is estimated that 8.4M tourists visited Baldwin County in 2023 with 6.5M of them spending nearly $6.7B in Orange Beach and Gulf Shores. Foley is the fastest growing city in Alabama and is home to a plethora of national retail brands, the OWA amusement park, and a booming sports tourism business. Surrounding municipalities having either stopped or restricted RV development approvals making Club RV an extremely valuable asset that is well insulated from new competition and from recessions due to their vacation affordability and low cost of living for longer term tenants.

FOR SALE DETAILS

PRICE

$4,395,000 USD

PRICE/ACRE

$80,318/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Planned Unit Development, Single Family Development

LAND ACRES

54.72 AC

LAND SF

2,383,603 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

PUD

APN/PARCEL ID

5155 & 29201

ASK ABOUT THIS PROPERTY

Lance NielREMAX of Orange BeachMore Info
251-979-9198

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Lance NielREMAX of Orange BeachMore Info
251-979-9198

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.