1201-1281 W Maxwell St - Apartments FOR SALE


Pensacola, FL 32501- South Pensacola
$1,650,000 USD
850-432-5300
1201-1281 W Maxwell St, Pensacola, FL for Sale
$1,650,000 USD
Apartments - FOR SALE
1/14
null | 10% Cap Rate

1201-1281 W Maxwell St
Pensacola, FL 32501
South Pensacola


HIGHLIGHTS

  • New roofs, decking, siding, insulation, paint, exterior doors and windows replaced where needed.
  • All utilities (electricity, water, sewer, trash, cable) responsibility of tenants.
  • Less than 3 miles from downtown Pensacola, 20 minutes from Naval Air Station (NAS) Pensacola and Pensacola Beach.
  • Englewood Neighborhood near the Baptist Healthcare Campus that has plans to revamp the old campus into a mixed-use development incorporating
  • multi- and single-family homes, a park, redesigned street connections and spaces for restaurants, retailers and social services.
  • DO NOT VISIT PROPERTY IT IS OCCUPIED DO NOT DISTURB TENANTS. A Confidentiality and Non-Circumvention Agreement (CNCA) must be executed to obtain info

OVERVIEW

Renewed, renovated, improved large 12 two story spacious townhomes in the Englewood Neighborhood near the Baptist Healthcare Campus that has plans to revamp the old campus into a mixed-use development incorporating multi- and single-family homes, a park, redesigned street connections and spaces for restaurants, retailers and social services. Less than 3 miles from downtown Pensacola, 20 minutes from Naval Air Station (NAS) Pensacola and Pensacola Beach. Approximate Gross Monthly Rent $16,600 All utilities (electricity, water, sewer, trash, cable) responsibility of tenants. 2022 Property Taxes $3,776.64

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$97 USD /SF

# OF UNITS

12

PRICE/UNIT

$137,500

CAP RATE

10%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caughey Arms Townhome Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

High Density Residential

APN/PARCEL ID

17-2S-30-1700-000-003-14

ASK ABOUT THIS PROPERTY

Joseph LecceseColdwell Banker Commercial RealtyMore Info
850-432-5300

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Joseph LecceseColdwell Banker Commercial RealtyMore Info
850-432-5300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.