3783 Olive Road, Pensacola, FL, 32514 - Available for Sale

Multifamily For Sale

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Calumet Villas

3783 Olive Road, Pensacola, FL 32514

Calumet Villas
  • $576,000
  • 8
  • 7,800 SF
  • $72,000
  • Multifamily
  • Mid/High-Rise
  • Investment
  • 2%
  • 5%
  • 90%
  • 2
  • 1982
  • 0.44 AC
  • 071S292000050010
  • 2 / 1,000 SF
  • Find Out More...
Last Verified  5/17/2012 Listing ID  15777683

Highlights

  • Great central location for college students
  • Convenient to shopping
  • Convenient to Hospitals and Medical facilities
  • Convenient to Employers

Description

CALUMET APARTMENTS - GROSS POTENTIAL INCOME IS BASED ON $ 650.00 PER MONTH PER UNIT. OWNER SAYS RENT RANGE FROM $ 600.00 TO $ 675.00 PER UNIT. EXPENSES INCLUDE MANAGEMENT, REPAIRS AND MAINT. LAWN CARE, COMMON AREA UTILITIES, INSURANCE AND TAXES WHICH ARE BASED ON ESTIMATE FROM ESCAMBIA COUNTY TAX ESTIMATOR. ROOF WAS REPLACED 2004. UNITS ON SEPTIC, EACH UNIT HAS IT'S OWN LAUNDRY ROOM. VERY NICE UNITS WITH BRICK EXTERIOR. UPDATE FOR 2008 PROPERTY TAXES PAID BY OWNER $ 4100.00 NOT INCLUDED IN EXPENSES LISTED AND ALSO INSURANCE ESTIMATE $3500.00 NOT INCLUDED IN EXPENSES ESTIMATE. SEE ATTACHMENT.

Centrally located in Pensacola Florida on East Olive Road. Child care center located next door. Within 10 minutes of 2 hospitals, Walmart, 2 malls, CVS, Walgreens, Walmart, numerous grocery and convenient stores. Within 10 minutes of Pensacola Junior College and within 15 minutes of The University of West Florida.

Financial Summary

Unit Mix Information

  • Actual
  • 2008
  • $52,416
  • $23,305
  • $29,111

Map of 3783 Olive Road, Pensacola, FL 32514 (Escambia County)

Contact Listing Broker to find out more details.

Presented by

Connell & Manziek Realty Inc

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Sam Rogers (850) 572-0057

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Created 6/26/2008

More from:

Sam Rogers
Sam Rogers

Commercial sales in Northwest Florida with over 25 years experience

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Additional Information for 3783 E Olive Road, Pensacola, FL 32514

Asking Price Index Trends for Pensacola, FL Multifamily For Sale

  Mar 12 vs. 3 mo.
prior
Y-O-Y
-
State
$60,145-0.4%-2.0%
-
Metro
$59,1800.0%0.0%

View Pensacola Market Trends for other property types for sale or lease. Learn more about the chart info.