Schoel Ln, Gulf Shores, AL

$2,499,000

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36

Beds

18

Baths

15,336

Square feet

1.07

Acres

About Schoel Ln

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.

Features of Schoel Ln

MLS® # 688422
Price $2,499,000
Bedrooms 36
Bathrooms 18.00
Full Baths 18
Square Footage 15,336
Acres 1.07
Year Built 1988
Type Residential Attached
Sub-Type Residential Attached
Style Contemporary
Status Active

Community Information

Address Schoel Ln
Subdivision None
City Gulf Shores
County Baldwin
State AL
Zip Code 36542

Amenities

Parking Driveway
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Electric Water Heater
Heating Central
Cooling Central Air, Ceiling Fan(s)
Fireplace No
# of Stories 1
Stories One
Has Basement No

Exterior

Roof Metal
Foundation Slab
Structure Style Contemporary

School Information

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

Additional Information

Zoning Res Multi
Foreclosure No
Short Sale No
HOA Fees Freq. Annually

Listing Map

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