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

2303 W Michigan Ave
Pensacola, FL 32526
Golf Club Condos, Building H · Multifamily Property For Sale · 12 Units

Investment Highlights

  • Low Maintenance
  • Convenient Location

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.57 AC
Building Size 12,848 SF
Average Occupancy 92%
No. Stories 2
Year Built 1995
Parking Ratio 1.87/1,000 SF
Zoning HDR (High Density Res)

About 2303 W MICHIGAN AVE , PENSACOLA, FL 32526

This apartment complex was originally built as a condominium. The owner purchased this building under construction and finished it himself (contractor), therefore it is newer and lower maintenance that the other buildings in the complex. There are 12 rental units on two floors. Asking rent is $750/month per unit and they are rarely vacant. Owner maintains the property well and thoroughly screens prospective tenants. Additional financial information is available upon request by qualified buyer.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 12 $732.50 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 12-2S-30-3500-007-005
  • 12-2S-30-2002-005-001
  • 12-2S-30-3500-003-003
  • 12-2S-30-3500-006-006
  • 12-2S-30-3500-010-002
  • 12-2S-30-3500-012-002
  • 12-2S-30-3500-008-001
  • 12-2S-30-3500-001-002
  • 12-2S-30-3500-007-003
  • 12-2S-30-3500-011-002
  • 12-2S-30-3500-005-006
Land Assessment
$68,328
Improvements Assessment
$1,966,840
Total Assessment
$2,112,653
  • Listing ID: 18591754

  • Date on Market: 2/21/2020

  • Last Updated:

  • Address: 2303 W Michigan Ave, Pensacola, FL 32526

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