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4600 Twin Oaks Dr
Pensacola, FL 32506

Value-Add Multi-Family | Receiver Sale · Multifamily Property For Sale · 218 Units

Investment Highlights

  • Property Tours Scheduled for June 20th by Appointment Only. Please call Steven Rowe 251.706.9022
  • Major value-add opportunity positioned in a strong market with a high leasing velocity and diverse employment.
  • Fulfilled capital expenses include tree trimming, removal of the old pool house, stairwell & balcony replacement, and installing security cameras
  • Peachtree Commons is 218 units, located in West Pensacola just 3 miles from the Pensacola Naval Base, and only 2 miles from the beach.
  • Approximately 18 units in building 400 are partially renovated and positioned as a clean slate for any buyer.
  • Submarket conditions present ideal value-add potential with 1-3 Star properties tallying a 2.6% increase in market rent per unit year-over-year.

PROPERTY FACTS

Sale Conditions Auction Sale
No. Units 218
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 7.37 AC
Building Size 176,050 SF
Average Occupancy 47%
No. Stories 2
Year Built 1976
Parking Ratio 0.88/1,000 SF

Amenities

Unit Amenities

  • Refrigerator
  • Range

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
37-2S-30-5002-000-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,349,726

zoning

Zoning Code HDMU MDR
HDMU MDR
  • Listing ID: 31655303

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 4600 Twin Oaks Dr, Pensacola, FL 32506

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