This Multifamily Property is Off-Market.

7116 PEARSON ROAD
Pensacola, FL 32526 ·

8 Units · Multifamily For Sale

N/A

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Pearson Road Apartments

Price N/A Commission Split 4%
No. Units 8 Cap Rate 11.70%
Building Size 7,696 SF No. Stories 2
Property Type Multifamily Year Built 1985
Property Sub-type Garden/Low-Rise Lot Size 0.45 AC
Property Use Type Investment APN / Parcel ID 102S311200200001
Listing ID: 16100825 Date Created: 02/12/2009 Last Updated: 01/09/2013

Description

Price reduced!! Income producing apartments totaling 8 units. The interior of the units are in good repair. Each unit has 2 bedrooms/ 2 baths which comprises of 962 SF. Approx NOI = $32,000 with low vacancy rates. The apartments are close in proximity to NAS and Saufley Field. The owner screens his tenants.

HOMES, MOBILE HOMES - AVERAGE TO BELOW AVERAGE.

Highlights

  • 100% Occupied
  • Easy to Manage
  • Great Rental History
  • Upside Potential with increased rents

Research

7116 PEARSON ROAD, Pensacola, FL 32526 (Escambia County)

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