$3,450,000
$3,650,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
260 N Crow Road Pensacola, FL 32506
2.43 Acres Lot
Key Details
Sold Price $3,450,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 887752
Sold Date 05/05/22
Lot Size 2.430 Acres
Acres 2.43
Property Description
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.
Location
State FL
County Escambia
Area 08 - Escambia County
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Taylor Allen Properties LLC