10163 Guidy Ln Pensacola, FL 32514 | Other | Multi-Family

$2,350,000

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0.71 acres
Listing Courtesy of

Lisa Bradley

Description

The West 18 Apartment development enjoys a northern Pensacola location in close proximity to the University of West Florida (UWF) Scenic Hills Country Club West Florida Hospital and various employment entertainment and dining opportunities along Nine Mile Road. West 18 Apartments contains a total of 18 rental units within 5 buildings including 1 two-story building and 4 single-story buildings with ample parking. The buildings were constructed in 1985 are wood frame construction with low maintenance brick veneer. All of the units in the West 18 development contain one-bedroom and one bath with separate vanity area and walk-in closet averaging 800+- square feet in size. Renovations were completed in 2022 including new composition shingle roofs new landscaping fresh exterior paint and new HVAC. windows and doors as needed. Interior renovations include new stainless steal dishwashers oven/stoves and refrigerators disposals new cabinet faces countertops floor coverings new washer/dryers in all units and more! Units are individually metered for water and sewer which are paid by tenants. Financials are based on market rent and occupancy and both historical and anticipated expenses. Whether you're a seasoned multifamily investor or just starting in investing this is a fantastic opportunity add to your portfolio! Do NOT contact property manager or tenants. For additional information or to schedule a tour please call Lisa Bradley at 850-712-2232.Prequalification letter and proof of funds must accompany all offers.

Property Details

Property Type Multi-Family Status Active CMLS ID# 30807005

structure

Total Baths 0 construction materials Brick cooling Package Unit exterior features Sturdy painted brick veneer. heating Electricity interior features All of the units in the West 18 development contain one-bedroom and one bath with separate vanity area and walk-in closet averaging 800+- square feet n size. Renovations were completed in 2022 including new composition shingle roofs new landscaping fresh exterior paint and new HVAC. windows and doors as needed. Interior renovations include new stainless steal dishwashers oven/stoves and refrigerators disposals new cabinet faces countertops floor coverings new washer/dryers in all units and more! Units are individually metered for water and sewer which are paid by tenants.; parking features Ample on-site parking convenient to all buildings. stories 2 stories total 2 year built 1985

characteristics

Acres 0 lot size area 0.71 lot size units acres # of Buildings 5

tax

parcel number 071S301018060001 zoning MDR (MEDIUM DENSITY RESIDENTIAL)

financial

cap rate 6.32

contract

listing terms Cash to Seller

compensation

Buyer Agency Comp. 3%
The buyer agent compensation offered only applies to participants and data share participants of the Gulf Coast CMLS.