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

4600 Twin Oaks Dr
Pensacola, FL 32506
Value-Add Multi-Family | Receiver Sale · Multifamily Property For Sale · 218 Units

Investment Highlights

  • Property Tours Scheduled for June 20th by Appointment Only. Please call Steven Rowe 251.706.9022
  • Major value-add opportunity positioned in a strong market with a high leasing velocity and diverse employment.
  • Fulfilled capital expenses include tree trimming, removal of the old pool house, stairwell & balcony replacement, and installing security cameras
  • Peachtree Commons is 218 units, located in West Pensacola just 3 miles from the Pensacola Naval Base, and only 2 miles from the beach.
  • Approximately 18 units in building 400 are partially renovated and positioned as a clean slate for any buyer.
  • Submarket conditions present ideal value-add potential with 1-3 Star properties tallying a 2.6% increase in market rent per unit year-over-year.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
No. Units 218
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 7.37 AC
Building Size 175,456 SF
Average Occupancy 87%
No. Stories 2
Year Built/Renovated 1976/2025
Parking Ratio 0.88/1,000 SF
Zoning HDMU MDR - High density mixed use
Parcel Number 37-2S-30-5002-000-015

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Heating
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Walk-In Closets
  • Patio

Site Amenities

  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Walking/Biking Trails
  • Online Services
  • Walk-Up
  • Smoke Detector
  • Listing ID: 31655303

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 4600 Twin Oaks Dr, Pensacola, FL 32506

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