Lot with Gazebo & Storage Building / Rental Income - Turnkey Opportunity
Foley, AL
Asking price
$155,900
Sites
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Cap rate
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Price / site
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About this property
Lot 27 in Creekside RV Resort is located just off County Road 20 in Foley, Alabama - conveniently situated between Hwy 59 and the Foley Beach Express. This central location places you minutes from OWA, Tropic Falls Water Park, Foley Sports Complex, Tanger Outlets, and the white-sand beaches of Gulf Shores and Orange Beach.Measures approximately 80' by 40', with a concrete slab RV pad - 20' x 60', offering generous space for large Class A, B, or C motorhomes or fifth wheels. Attached to pad - stamped concrete patio with gazebo on it. Beneath the gazebo is a complete outdoor living setup featuring a mounted TV, ceiling fan, table with chairs, a love seat, two armchairs, and a coffee and side tables - ideal for relaxing or hosting guests in comfort and shade. A freestanding storage building on-site offers additional convenience for storing outdoor gear or supplies. Currently operated as a vacation rental, the lot is featured on rvfoley. com with nightly rates for just a lot - $65. The seller is offering the on-site fifth wheel - a 2018 Landmark - for an additional $55,000. The current rate for this improved lot with RV in place runs between $175-250 a night - its a turnkey opportunity for both personal enjoyment and rental income. Creekside RV Resort features a welcoming atmosphere with monthly HOA dues of $180, which cover lawn maintenance, sprinkler service, trash pickup, Wi-Fi, and cable TV. Resort amenities include a heated pool, stocked fishing pond, clubhouse, bathhouses, laundry facilities, a dog park, and a fenced playground.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $155,900 |
|---|---|
| Address | 21240 Miflin Road |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Site count and hookup mix — not disclosed
How many sites are there, and how many are full-hookup, partial or tent?
Full-hookup sites earn a multiple of what a tent site does. The count alone does not tell you the income.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
