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$2,499,000
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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.
Full Property Details
Full Property Details for 0 Schoel Ln
General
- Price: $2,499,000
- Taxes: $4,823
- Status: Active
- Type: Multi-Family
- Source: 934
- MLS ID: 409507
- Updated: 9/2/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Cooktop, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 18
- Full Bathrooms: 18
- Primary Bathroom: OtherSeeRemarks
Bedrooms
- Total Bedrooms: 36
Additional Information
- Shared Amenities: None
Exterior
- Porch/Patio/Deck: Rear Porch
Parking
- Parking Features: Other/See Remarks
Location
- County: Baldwin
- Driving Directions: From Hwy 59 Travel West on Oak Road West Appr 1.5 mile-property on North Side THERE IS NO FOR SALE SIGN
School Information
- Elementary School: Gulf Shores Elementary
- Middle School: Gulf Shores Middle
- High School: Gulf Shores High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Central
Utilities
- Utility Description: Baldwin EMC, Gulf Shores Utilities
Structural Information
- Architectural Style: Single Story
- Roof: Metal
- Stories/Levels: 1
- Building Size: 15336
- Square Feet: 15,336
- Year Built: 1988
Lot Features
- Lot Size (Acres): 1.07
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,823
Disclosures and Reports
- Ownership: Whole Full
- Legal Description: TWO PARCELS PPIN 89355 & 252654
- APN: 61-09-37-0-000-179.002 & 61-09-37-0-000-179.003
Listed by Pointe South
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Price & Sales History for 0 Schoel Ln
Date
Details
Price
Change
Source
9/02/2026
Listed
$2,499,000
22618.18%
MLS
1/18/2013
Sold
$11,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Schoel Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$120
—
2024
100%
$120
—
2023
100%
$120
20%
2022
100%
$100
—
2021
100%
$100
—
2020
-100%
$100
—
2019
$3
—
$100
—
2018
$3
—
$100
—
2017
$3
—
$100
—
2016
$3
—
$100
—
2015
$3
—
$100
—
2014
$3
—
$100
—
2013
$3
—
$100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Schoel Ln
0 Schoel Lane, Gulf Shores, AL 36542 (MLS# 409507) is a Multi-Family property with units containing 36 bedrooms and 18 full bathrooms. 0 Schoel Lane is currently listed for $2,499,000 and was received on September 02, 2026. Want to learn more about 0 Schoel Lane? Do you have questions about finding other Multi-Family real estate for sale in Gulf Shores? You can browse all Gulf Shores real estate or contact a Coldwell Banker agent to request more information.

