20 Unit Apt. Complex Sanders St.

Multi-Family for Sale
Catylist Listing ID: 30655933
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 20 Units
Building Size (RSF): 20,624 SF
Gross Building Area: 22,524 SF
Gross Land Area: 1.44 Acres
Sale Price: $1,400,000
Unit Price: $70,000 Per Unit
Property Use Type: Investment
Building Name: 5820 Sanders St
Usable Size (USF): 20,624 SF
Sale Terms: Other
Cap Rate: 7.5%
Average Occupancy Rate: 95
Last Updated: 1/12/2021

Overview / Comments

NEW ROOF IS BEING PUT ON! This a beautiful 20 Unit Apartment Complex. Video of walk-through is available. It is located in the heart of Pensacola near the State College, the hospital, and many restaurants and commercial sites. Many updates and renovation have been done at the property. PLEASE SEND NDA FORM FOR FINANCIAL ACCESS.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 311S301901205006
Percent Occupied: 95%
Property Located Between: Langley & Creighton
Airports: Pensacola National Airport
Site Description: The Duplex is on the right as you enter while the 2 story town homes is on the left
Area Description: Located in the heart of Pensacola! Minutes to the hospital, colleges, the mall, grocery store, and restaurants. 20 units 8 duplexes and 12 town homes.
Total Number of Buildings: 6
Property Condition: Excellent
Number of Stories: 2
Year Built: 1972
Year Renovated: 2018
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: Fully bricked! Recently painted to grey.
Parking Type: Surface
Parking Description: Enough parking spaces for residence.
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Fuel: Gas, Electric
Air Conditioning: Other
Interior Description: Video walkthrough is available
Zoning Description: MultiFamily
Lot Frontage: 200
Lot Depth: 315.25
Water Service: Other
Sewer Type: Other
Legal Description: S 200 FT OF N 455 25/100 FT OF LT T IN S 1/2 OF LT 5 BLK 5 ABB S/D PB 1 P 82 OR 7950 P 950/953/956

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,510 68,891 152,108
Median Age: 33.07 37.84 38.12
Households: 2,121 28,766 61,857


Photograph of Listing Agent

John Cho

Blue Anchor Realty, LLC Gulf Coast CMLS Member
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