Thursday, September 13, 2018
By Chuck Norwood
Alabama City Among Top 25 Markets for Buying a Vacation Rental

Vacasa LLC ranks Gulf Shores No. 11 on its Insider’s Guide to the Top 25 Markets for Buying a Vacation Rental.

According to the guide, there are more than 11,000 vacation rentals in the Gulf Shores area. Vacation homeowners there are expected to bring in an average of $34,610 in annual rental revenue. The median home price for a vacation property is $424,600, and Gulf Shores has a capitalization rate of 5.7 percent.

 

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