4600 Twin Oaks Dr | Pensacola, FL 32506
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This Multifamily Property is no longer advertised on LoopNet.com.
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 | Lot Size | 7.37 AC |
No. Units | 218 | Building Size | 176,050 SF |
Property Type | Multifamily | Average Occupancy | 47% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Garden | Year Built | 1976 |
Building Class | C | Parking Ratio | 0.88/1,000 SF |
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
Parcel Number | 37-2S-30-5002-000-015 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $4,349,726 |
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 |
Learn More About Investing in Apartment Buildings
Listing ID: 31655303
Date on Market: 4/30/2024
Last Updated:
Address: 4600 Twin Oaks Dr, Pensacola, FL 32506
The West Pensacola Multifamily Property at 4600 Twin Oaks Dr, Pensacola, FL 32506 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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