0 Schoel Ln, Gulf Shores, AL 36542
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
Listed by: susan carleton
Office: pointe south
MLS#:688438
Source:FL_PMLS
Price summary
- Price:$2,299,000
- Price per sq. ft.:$149.91
About this home
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....
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Home facts
- Year built:1988
- Subdivision & Development:Bon Secour
- Listing ID #:688438
- Added:57 day(s) ago
- Updated:October 29, 2026 at 04:09 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:18
- Full bathrooms:18
- Rooms Total:36
- Flooring:Tile
- Kitchen Description:Refrigerator
- Living area:15,336 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1988
- Building area:15,336 sq. ft.
- Lot Features:Interior Lot
- Construction Materials:Concrete
- Exterior Features:Porch
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Local School In County
- Middle school:LOCAL SCHOOL IN COUNTY
- Elementary school:Local School In County
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,299,000
- Price per sq. ft.:$149.91
Features and amenities
- Amenities:Ceiling Fan(s)
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