Caughey Arms Townhome Apartments
12 Unit Apartment Building | $1,650,000 ($137,500/Unit) | 10% Cap Rate | Pensacola, FL 32501
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,650,000
- Property Type
-
Multifamily
- Square Feet
- 16,956 SF
Listing Contacts
Joseph Leccese
Verified Profile
- Property Info
Property 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
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
Property Details
- Class
- C
- Year Built
- 1974
- Stories
- 2
- Lot Size (sq. ft)
- 26,136 SF
- Units
- 12
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
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