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Schoel Lane

Gulf Shores AL 36542

18
18
15336 sq. ft.
Apartment
Currently for sale - view listing

Overview

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
Apartment

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%
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.

This is based on voluntary sentiment collected from 32 reviews in Gulf Shores over the last 12 months.

Local market activity for 18 bedroom apartments in Gulf Shores

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