• 0 Schoel Ln, Gulf Shores, AL 36542 Main Photo

0 Schoel Ln
Gulf Shores, AL 36542

$2,499,000

37 Photos

Listing Details

  • $2,499,000
  • MLS# 688438
  • Type Multi Unit - Multiple
  • Status Active
  • 18
    Bedrooms
  • 18 full
    Bathrooms
  • 1988
    Year Built

Listed By

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

Shown By

Agent Name: Terrell Elliott
Agent Phone: (901) 574-8944
Agency Title: Levin Rinke Realty

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Home Value Estimate


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...read more

Features

  • Refrigerator
  • Ceiling Fan(s), Central Air
  • Tile
  • Central
  • 1.0 Story
  • Built in 1988

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