7116 Pearson Rd - Apartments FOR SALE


Pensacola, FL 32526- West Pensacola
$1,100,000 USD
850-380-0877
7116 Pearson Rd, Pensacola, FL for Sale
$1,100,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

7116 Pearson Rd
Pensacola, FL 32526
West Pensacola


HIGHLIGHTS

  • 7,696 SF building with 8 units
  • 100% occupancy; Strong rental income potential
  • Well-maintained property
  • Prime investment opportunity
  • Thriving multifamily market
  • Desirable location for tenants

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$143 USD /SF

# OF UNITS

8

PRICE/UNIT

$137,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

MDR

APN/PARCEL ID

10-2S-31-2002-002-001

ASK ABOUT THIS PROPERTY

Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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