Listing ID887752
Sold For$3,450,000
Sold Date5/05/2022
Acres 2.430
Property TypeCommercial Sale
Crow Road Apartments are a Value Add 36 unit multifamily development in Pensacola, FL. This property has received over $743k in capital improvements in the last 24 months and rents are well below market. The Property Management has outlined $120,000 worth of improvements that would allow rents to be raised $13,000 per month. This sale includes nine quadplex garden style buildings with twenty 2/2 and sixteen 2/1 units. This sale includes 290 Crow Rd through 530 Crow Rd excluding #320. Demographics available upon request.

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Contact - Listing ID 887752

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Travis Talley

911 Gulf Breeze Pkwy, Suite A
Gulf Breeze, FL 32561
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