318 N State Highway 59
Summerdale, AL 36580
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Bed
0
Bath
2.30Acres(Lot)
Perfect investment opportunity on 2.3 acres with 8 tiny homes. Current at 100% occupancy this property located on Highway 59 is in the heart of Summerdale. The property includes eight cottages/tiny homes (ten rental units total) with approximately 5,900 square feet of rentable space. All units are furnished and leased on a weekly basis. Riviera provides electricity, Point Broadband provides internet, and the Town of Summerdale provides water and sewer. Although the property is currently 100% occupied, a 10% vacancy expense has been applied in the underwriting to reflect realistic long-term performance and to calculate the stated 10% cap rate.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Window Feature: Aluminum Frames -
Flooring Information
Vinyl -
Roofing Information
Composition -
Interior Features
Roof: Composition -
Heating & Cooling
Heating: Central Cooling: Central Air WaterSource: Private
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Building Information
Year Built: 1996 Construction Materials: Cement Siding -
Fencing
None
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Lot Information
Lot Dimensions: 650 x 160 Lot Description: Level Lot Size Area: 2.3 Lot Size Units: Acres Lot Square Feet: 100,188 Lot Acres: 2.3 Waterfront: None Main Square Feet: 2.3Property Information
Property Type: Residential Income Subdivision: None
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Tax Information
Parcel Number: 4809304000003001 Annual Tax: $3850
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Parking Information
Driveway
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Elementary School: SummerdaleJunior High School: SummerdaleSenior High School: Robertsdale
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Utility Information
Electricity Available
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 16851 County Hwy 73 Road, Summerdale, AL, 36580 | $2,550,000 | 4 | 3.5 | 4,358 | 34.92 Acres |
| 17741 County Road 55 Road, Summerdale, AL, 36580 | $795,000 | 4 | 4.5 | 3,954 | 5.69 Acres |
| 17333 County Road 55 Road, Summerdale, AL, 36580 | $599,000 | 5 | 2.5 | 2,280 | 13 Acres |
| 17425 County Road 55 Road, Summerdale, AL, 36580 | $995,000 | 4 | 3.5 | 3,780 | 16 Acres |
| 14665 County Road 49 Road, Summerdale, AL, 36580 | $350,000 | 3 | 2 | 1,200 | 6.26 Acres |
| 15582 County Road 9, Summerdale, AL, 36580 | $525,000 | 1 | 1.5 | 1,600 | 34,848 Sqft |
| 17891 River Road, Summerdale, AL, 36580 | $679,900 | 2 | 3 | 918 | 1.14 Acres |
| 12995 Hopper Road, Summerdale, AL, 36580 | $235,000 | 4 | 2 | 1,574 | 15,246 Sqft |
| 14951 Bluff Road, Summerdale, AL, 36580 | $1,950,000 | 3 | 4.5 | 5,205 | 2.22 Acres |
Similar Homes To 318 N State Highway 59
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ByOwner last updated this listing 09/03/2026 @ 22:23
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