6061 ColonialGulf Shores, AL 36542

Off market
  • Apartment buildings
  • 27,034 SF

Property Details for 6061 Colonial

Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
37.00 AC
Property size (Sq ft)
27,034 SF
Property type
Apartment buildings
APN
61-09-29-4-001-002.001
APU
6109294001002001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,540,062
    6.5%
    $4,190,826
    7%
    $3,891,482
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,836,056
    Geo Method
    $2,978,863
  • Alternative Use

    Use
    Valuation
    Residential
    $4,190,826
    Hospitality
    $3,838,774
    Educational
    $3,193,815
    Medical
    $3,303,655
    Retail
    $4,968,157
6061 Colonial, Gulf Shores, Alabama

Location Insight

City
Gulf Shores
County
Baldwin
State
Alabama
Latitude
30.3136
Longitude
-87.6888
CBSA code
19300
CBSA name
DAPHNE-FAIRHOPE, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$313,743
-
$9,507,360
$9,507,360
-
-
-
-

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