Schoel Ln, Gulf Shores, AL 36542
- $2,499,000
- 36
- BD
- 18
- BA
- 15,336
- SqFt
- List Price
- $2,499,000
- Status
- ACTIVE
- Days on Market
- 9
- MLS#
- 409507
- Subtype
- Residential Income
- Style
- 1 Story
- Year Built
- 1988
- Bedrooms
- 36
- Bathrooms
- 18
- Full Baths
- 18
- Living Area
- 15,336
- Acres
- 1.07
- MLS Area Major
- Baldwin
Property Description
Bon Secour Apartments offers an opportunity to acquire an established 18-unit multifamily community within the City of Gulf Shores, positioned in an area experiencing continued residential growth and infrastructure investment. Located on Schoel Lane just off County Road 6, the property includes approximately 15,336 rentable square feet, with each two-bedroom, one-bath unit offering approximately 852 square feet and washer/dryer connections. The community provides an attractive acquisition basis compared to the cost of developing comparable new multifamily housing, creating potential for both current rental income and long-term value. Its location places residents near Gulf Shores City Schools, the Gulf Shores Sportsplex, County Road 6 boat launch, shopping, dining, employment centers, recreational facilities and the beaches of Gulf Shores. The surrounding area continues to evolve with nearby residential development, including Bright's Creek, along with roadway, drainage, sidewalk and connectivity improvements. With established rental demand, maintained units and a location convenient to everyday necessities and Gulf Shores attractions, Bon Secour Apartments provides investors the opportunity to add an income-producing multifamily asset in one of Coastal Alabama's growing communities. Buyer to verify all information during due diligence.
Additional Information
- Interior Features
- Ceiling Fans
- Financing
- Conventional, Cash
- Property Description
- 1 Story
- Flooring
- Tile
- Appliances
- Cooktop, Refrigerator
- Heating
- Central
- Air Conditioning
- Electric
- Stories
- 1
- Roof
- Metal
- Parking Features
- Other
- Elementary School
- Gulf Shores Elementary
- Middle School
- Gulf Shores Middle
- High School
- Gulf Shores High
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Listing courtesy of Pointe South.
© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .