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Tony & Jessica Martinez

jessica.martinez@exprealty.com +1(251) 288-6165

$2,499,000

Est. payment - /mo

36 Beds

18 Baths

15,336 SqFt

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Key Details

Property Type Multi-Family

Sub Type Four To Ten Units

Listing Status Active

Purchase Type For Sale

Square Footage 15,336 sqft

Price per Sqft $162

MLS Listing ID 409507

Style Single Story

Bedrooms 36

Full Baths 18

Construction Status Resale

HOA Y/N No

Year Built 1988

Property Sub-Type Four To Ten Units

Source Baldwin County

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. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Zoning MultiFamily

Rooms

Dining Room LivingDiningCombo

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Electric

Flooring Tile

Furnishings Unfurnished

Fireplace No

Appliance Cooktop, Refrigerator

Heat Source Central

Exterior

Parking Features Other/See Remarks

Community Features None

Utilities Available Baldwin EMC, Gulf Shores Utilities

Waterfront Description No Waterfront

Roof Type Metal

Porch Rear Porch

Building

Architectural Style Single Story

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores High

Others

Special Listing Condition None

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Listed by Pointe South

Nearby Locations

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Tony & Jessica Martinez

+1(251) 288-6165

Agent License ID: 148334

0 Schoel Lane Gulf Shores, AL 36542

Tony & Jessica Martinez

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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