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0 Schoel Ln, Gulf Shores, AL 36542

$2,499,000
  • 0 Schoel Ln, Gulf Shores, AL 36542 Main Photo

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New to the Market Active
BEDS36 BATHS18 full SQUARE FEET15,336 MLS#688422
STATUSActive PROPERTY TYPEResidential - Townhouse

Property Description

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.

0 Schoel Ln | MLS# 688422

This townhouse located at 0 Schoel Ln, Gulf Shores, AL 36542 is currently listed for sale with an asking price of $2,499,000. This property was built in 1988 and has 36 bedrooms and 18 full baths with 15336 sq. ft. Search Gulf Shores real estate on leannebrown.gobellator.com today.

Property Features

Property Type: Residential - Townhouse
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Home Style: Contemporary
Lot Size: 1.07 Acres
Property Type: Residential Attached
Stories: 1.0
Year Built: 1988

Feature Descriptions

Appliances: Electric Water Heater
Construction Materials: Concrete
Dining Room: Living/Dining Combo
Exterior: Concrete
Flooring: Tile
Foundation: Slab
Kitchen: Not Updated
Lot Dimensions: 1.07 acre(s)
Sewer: Grinder Pump, Public Sewer
Zoning: Res Multi

Room Sizes

Primary Bedroom: 12.833333333 X 11.75 Level - First
Living Room: 11.833333333 X 18.583333333 Level - First

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: POINTE SOUTH
Agency Phone: 850-492-1826

Shown By

Agent Name: Leanne Brown
Agent Phone: (225) 347-4300
Agency Title: Bellator Real Estate

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Estimated Payment

$ 12,715.09 per month $11,986.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $728.88 Homeowner's Insurance

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