Approximately 4 acres of land in Foley zoned R-3/Multi-Family up to 48 units. Priced at $4500/door, half the cost of recent comps. Perfect for development of multi-family rental property that is in HIGH demand. Also suitable for duplexes. Level and cleared. R-3 zoning allows for Residential structures containing one or two family dwelling units; apartments containing a maximum of twelve (12) units per acre.