Historical Multifamily Sale Listing - 13080 Lillian Hwy

Multifamily For Sale

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13080 Lillian Hwy

13080 Lillian Hwy, Pensacola, FL 32506

N/A

6 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
6
Building Size:
5,200 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
16%
No. Stories:
3
Year Built:
1985
Lot Size:
0.50 AC
Parking Ratio:
1 / 1,000 SF
Listing ID
14498050
Last Updated
over 1 year ago

Highlights

  • Please Call Patrick Dailey @ 850-698-5835
  • Seller will pay a $10,000 Bonus for a Quick Closing
  • Includes Additional Buildable Lot
  • Approximately 50k to 80k to Finish Out Required
  • Waterviews
  • Seller can be contracted out to finish project

Description

THIS SOON-TO-BE CASH FLOWING PROPERTY CONSISTS OF: (2) 2 BEDROOM 2 BATH APARTMENTS, (1) 2 BEDROOM 2 BATH APARTMENT CONFIGURED FOR HANICAP ACCESS, (3) STUDIOS WITH SEPARATE BATHS AND KITCHENS, (1) BUILDABLE .17 ACRE LOT (WITH WATER VIEW), (1) LANDURY FACILITY, (1) LARGE PARKING AREA FOR PROSPECTIVE TENTANTES. THIS PROPERTY HAS BEEN 70% RENOVATED WITH: NEW ROOF, NEW PLUMBING, NEW (5) UNIT HVAC SYSTEM, NEW ELECTRICAL SYSTEM TO SUPPORT CONFIGURATION, NEW 500 SQ FT DECK SYSTEM, NEWLY INSULATED, PROJECT CONSTRUCT CONTINUES AND WILL BECOME A VERY SOLID INVESTMENT.

<1 mile from the Alabama State line. Very close to Floey, Orange Beach. and other GROWING surrounding areas. West on Lillian Hwy, .25 miles past Bauer Rd intersection, property located on the north side of Lillian Hwy.

Map of 13080 Lillian Hwy, Pensacola, FL 32506 (Escambia County)

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