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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
- Status: Active
- Type: Apartment
- Source: Pensacola
- MLS ID: 688438
- Updated: 9/2/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 36
- Interior Features: Ceiling Fan(s)
- Appliances: Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 18
- Full Bathrooms: 18
Bedrooms
- Total Bedrooms: 18
Exterior
- Deck/Patio: Porch
Location
- County: Baldwin
- Subdivision: Bon Secour
- 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: Local School In County
- Middle School: LOCAL SCHOOL IN COUNTY
- High School: Local School In County
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Construction: Concrete
- Roof: Metal
- Stories/Levels: 1
- Year Built: 1988
- Property Condition: Resale
Lot Features
- Lot Features: Interior Lot
- Zoning: Res Multi
Financial Considerations
- Price Per Sq. Ft.: $162.95
Disclosures and Reports
- Property ID: 6109370000179.002 & 610
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
$595
3%
$21,240
3%
2024
$580
56%
$20,700
56%
2023
$371
38%
$13,240
38%
2022
$268
-1%
$9,580
-1%
2021
$270
—
$9,660
30%
2021
$270
54%
$7,440
19%
2019
$175
18%
$6,240
18%
2018
$148
—
$5,280
—
2017
$148
22%
$5,280
22%
2016
$121
—
$4,320
—
2015
$121
—
$4,320
—
2014
$121
—
$4,320
—
2013
$121
—
$4,320
—
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 Ln, Gulf Shores, AL 36542 (MLS# 688438) is a Apartment property with 18 bedrooms and 18 full bathrooms. 0 Schoel Ln is currently listed for $2,499,000 and was received on September 02, 2026. Want to learn more about 0 Schoel Ln? Do you have questions about finding other Apartment 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.

