This Multifamily Property is Off-Market.

6817 Tiki Lane
Pensacola, FL 32503 ·

4 Units · Multifamily For Sale

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Tiki Lane Apartments/Enchanted Village

Price N/A Property Use Type Investment
No. Units 4 Commission Split 2.5%
Building Size 3,400 SF Cap Rate 10%
Property Type Multifamily Occupancy 97%
Property Sub-type Duplex/Triplex/Fourplex
Listing ID: 15733758 Date Created: 05/29/2008 Last Updated: 09/22/2008

Description

Gross Rental Income $2400+ per month, Gross Potential $2500-$2600. Built in 1983, low expenses.
Low vacancy rates. 2Br/1Ba units with cathedral ceilings, new ceiling fans, dishwashers, some with new ceramic tiling. Agent has 5 other adjacent 4 plexes that he currently manages or owns, buy 1 or buy all 6. Some owner financing possible. Possible 1031 Exchange. Agent

North Central Pensacola, Close to I-10 and Hwy 29

Research

6817 Tiki Lane, Pensacola, FL 32503 (Escambia County)

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