This Multifamily Property is no longer advertised on LoopNet.com.

10450 Motley Ct
Pensacola, FL 32514
Motley Court Mobile Home Park · Multifamily Property For Sale · 7,200 SF

Property Facts

Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 3.20 AC
Building Size 7,200 SF
Year Built 1984
Zoning VR-2

About 10450 MOTLEY CT , PENSACOLA, FL 32514

***Property is currently under contract - Taking back-up offers*** Rolling acreage off of 10 Mile road in a quiet area of the county. Each unit is spacious, trimmed and well maintained. All 12 units belong to seller. Age of units vary. Owner has not leased units in over 3 yrs. Units are in good condition (1 used for storage). The units should lease for more than $650 per month. At $650 per month the Gross Projected Income is $93,600. If we over-state the expenses and say 50% then the NOI would be $46,800!!!!! and that's a 12% CAP rate. Close to E 10-mile Road and Guidy Lane. Just off of Hwy 29

Property Taxes

Property Taxes

Parcel Number
23-1N-30-1200-002-047
Land Assessment
$84,816
Improvements Assessment
$143,465
Total Assessment
$228,281
  • Listing ID: 3790410

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 10450 Motley Ct, Pensacola, FL 32514

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}