Historical Multifamily Sale Listing - Pearson Road Apartments

Multifamily For Sale

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Pearson Road Apartments

7116 PEARSON ROAD, Pensacola, FL 32526

N/A

8 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
8
Building Size:
7,696 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
4%
Cap Rate:
11.70%
No. Stories:
2
Year Built:
1985
Lot Size:
0.45 AC
APN / Parcel ID:
102S311200200001
Listing ID
16100825
Last Updated
over 1 year ago

Highlights

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

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.

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

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