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.
Listed By
Agency Name: Pointe South
Agency Phone: 251-699-8500
Shown By
Agency Title: Bellator Real Estate
Agency Phone:
Estimated Payment
$ 13,117.01 per month $11,986.21 Principal & Interest $401.92 Property Tax $728.88 Homeowner's InsuranceSend an email with a link to
0 Schoel Lane, Gulf Shores, AL 36542.
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0 Schoel Lane, Gulf Shores, AL 36542.
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0 Schoel Lane | MLS# 409507
This multi-family property located at 0 Schoel Lane, Gulf Shores, AL 36542 is currently listed for sale with an asking price of $2,499,000. Search Gulf Shores real estate on www.gobellator.com today.