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.
Features
18 bedrooms
18 bathrooms
15336 sq. ft. floor area
cottageApartment
Property history for Schoel Lane
2024
Sold
Undisclosed
16 Aug 2024 by Cheryl Ritchie, of REMAX of Orange Beach | Orange Beach
Happy sellers in Gulf Shores
71%
sentiment_satisfied
71% of sellers in Gulf Shores reported that their sale price either exceeded or met their price expectations.
Gulf Shores stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
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Local market activity for 18 bedroom apartments in Gulf Shores
Sold
For Sale
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