Property Description: Multi-Family on 4375 Lindsey Lane, Orange Beach, AL state. This listing was added to our database on Jun 8, 2014. Year of built is 2002. The general area of Multi-Family is 1,150. INCREDIABLE OPPORUNITY to buy great INCOME PRODUCING property in Orange Beach! $614,400 rent potential based on average $1600/mnth (conservative $400 a week) x 12 mnth $19,200 x 32 units = $614,400/yr. Expenses are $30k/mnth. LITTLE PEICE OF PARADISE Property was rented out as the RESORT COMMUNITY: Orange Beach Villas & brought in an astounding $401,045 gross vacation rental income in 8 mnths!
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