Jenny Anthony
Join Sign In

0 Schoel Ln, Gulf Shores, AL 36542

$2,499,000
  • 0 Schoel Ln, Gulf Shores, AL 36542 Main Photo

37 Photos

New to the Market Active
BEDS18 BATHS18 full MLS#688438
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBon Secour

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.

0 Schoel Ln | MLS# 688438

This multi-family property located at 0 Schoel Ln, Gulf Shores, AL 36542 is currently listed for sale with an asking price of $2,499,000. Search Gulf Shores real estate on jennyanthony.gobellator.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Property Type: Apartment
Stories: 1.0
Year Built: 1988

Amenities

Ceiling Fan(s)

Feature Descriptions

Appliances: Refrigerator
Construction Materials: Concrete
Exterior: Concrete
Flooring: Tile
Foundation: Slab
Lot: Interior Lot
Sewer: Public Sewer
Total Rooms: 36
Zoning: Res Multi

Local Schools

High School: Local School In County
Middle School: LOCAL SCHOOL IN COUNTY
Elementary School: Local School In County

Listed By / Shown By

Listed By

Agency Name: POINTE SOUTH
Agency Phone: 850-492-1826

Shown By

Agent Name: Jenny Anthony
Agent Phone: (251) 929-4662
Agency Title: Bellator Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 12,715.09 per month $11,986.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $728.88 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder