AL
Baldwin
Gulf Shores
36542
0 Schoel Lane
0 Schoel Lane, Gulf Shores, AL 36542
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Listing Type
Multi Family
Listing Status
Active
37
$2,499,000

Home Details for 0 Schoel Lane

Price
$2,499,000
Type
Residential Income
Bedrooms
36
Total Bathrooms
18
Full Bathrooms
18
Square feet
15336
Year built
1988
Lot size acres
1.07
County
Baldwin
MLS Listing#
409507
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.

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Property Features
  • Cooling Information
    • Electric
    • Ceiling Fan(s)
    • Central Air
  • Heating Information
    • Central
  • House Interior
    • Ceiling Fan(s)
School Information
School Information for 0 Schoel Lane, Gulf Shores, AL 36542
Elementary School
Gulf Shores Elementary
Middle School
Gulf Shores Middle
High School
Gulf Shores High
Listing Courtesy: Pointe South - 251-699-8500
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.
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Market statistics compiled from data from Baldwin County MLS.
EXIT REALTY GULF SHORES
3725 Gulf Shores Pkwy, Gulf Shores, AL 36542
Office
251 974 1288
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