318 State Highway 59 N, Summerdale, AL 36580

Summerdale
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
318 State Highway 59 N,Summerdale, AL 36580
$1,100,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: henry wise, laura norton
Office: wise living real estate, llc.
MLS#:7827193
Source:AL_MAAR

Price summary

  • Price:$1,100,000

About this home

Perfect investment opportunity on 2.3 acres with 8 tiny homes with approximately 5,900 square feet of rentable space. 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.

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Home facts

  • Year built:1996
  • Subdivision & Development:Metes & Bounds
  • Listing ID #:7827193
  • Added:4 day(s) ago
  • Updated:August 30, 2026 at 02:17 PM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1996
  • Lot Features:Level
  • Levels:1 Story

Schools

  • High school:Robertsdale
  • Middle school:Summerdale
  • Elementary school:Summerdale

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Tax amount:$3,850

Features and amenities

  • Amenities:Electricity Available

Parking

  • Parking description:Driveway

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