Historical Multifamily Sale Listing - Tiki Lane Apartments/Enchanted Village

Multifamily For Sale

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Tiki Lane Apartments/Enchanted Village

6817 Tiki Lane, Pensacola, FL 32503

N/A

4 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
3,400 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
10%
Occupancy:
97%
Listing ID
15733758
Last Updated
over 1 year ago

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

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

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Created 5/29/2008