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7116 Pearson Rd 8 Unit Apartment Building $995,000 ($124,375/Unit) Pensacola, FL 32526
INVESTMENT HIGHLIGHTS
- 7,696 SF building with 8 units
- Well-maintained property
- Thriving multifamily market
- 100% occupancy; Strong rental income potential
- Prime investment opportunity
- Desirable location for tenants
EXECUTIVE SUMMARY
Great investment opportunity with this multifamily sale in the cozy neighborhood of Myrtle Grove in Pensacola, Fl. Well-maintained, 7,696 Total SF, zoned MDR (Medium Density Residential) and has 8 units (2 – fourplexes). Strong rental income potential, add this property to your investment portfolio! Great investment opportunity in the Myrtle Grove neighborhood of Pensacola, Fl. Pearson Road is just off Fairfield Drive which is a very busy thoroughfare through Pensacola. Military bases are close by; 3 miles to Saufley Field, 4.4 miles to Corry Station and 8 Miles to NAS Pensacola. Along with access to restaurants and retail, beautiful Osceola Municipal Golf Course is just 2 miles and the Bayou Marcus Birding Trail just 1.5 miles.
PROPERTY FACTS
| Price | $995,000 | Building Class | C |
| Price Per Unit | $124,375 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 7,696 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1985 |
| Apartment Style | Low-Rise | ||
| Zoning | MDR | ||
| Price | $995,000 |
| Price Per Unit | $124,375 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 7,696 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Zoning | MDR |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 8 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 10-2S-31-2002-002-001 | Improvements Assessment | $596,903 |
| Land Assessment | $14,400 | Total Assessment | $611,303 |
PROPERTY TAXES
Parcel Number
10-2S-31-2002-002-001
Land Assessment
$14,400
Improvements Assessment
$596,903
Total Assessment
$611,303
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7116 Pearson Rd
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