Caughey Arms Townhome Apartments

$1,650,000

1201-1281 West Maxwell Street Pensacola, FL 32501

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About this listing

Contact Listing Agent J Leccese at Joe.Leccese@cbcnrt.com +1850-393-8708.
DO NOT VISIT PROPERTY IT IS OCCUPIED DO NOT DISTURB TENANTS.
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Coldwell Banker Commercial Realty (“CBC”) has been contracted by the owner of the property to list and market it for sale. Neither the owner nor CBC representatives make any representations as to the accuracy or completeness of presented information. Reference to property age, square footage, income, expenses and any other property specific information are approximate and shall be independently verified. The Property may be withdrawn without notice.
The recipient of this information that signed a Confidentiality and Non-Circumvention Agreement (CNCA) regarding this matter and the information is subject to the terms of that agreement.

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 $13,800

All utilities (electricity, water, sewer, trash, cable) responsibility of tenants.

2022 Property Taxes $3,776.64

HIGH DENSITY RESIDENTIAL (HDR) ESCAMBIA COUNTY FLORIDA SEC. 3-2.8

  • Cap Rate

    10%

  • Building Size

    16,956 sqft

  • Lot Area

    0.6 acres

  • Units

    12

  • Year Built

    1974

  • Zoning

    HDR

  • Floors

    2

  • Parking Spots

    24

DESCRIPTION

  • • Lot Dimension: 300 x 102
  • • Annual Tax: $ 3776.64
  • • Average Floor Size: 598.0
  • • Average Occupancy Rate: 80.0
  • • Age: 41-50 Years Old
  • • Lot Size: 1/2 - 1 Acre
  • • Sewer: Public
  • • Water: City Water

Map





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