5910 Palafox Hwy UNIT 7, Pensacola, FL 32503 | MLS 492003 | Listing Information
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5910 Palafox Hwy UNIT 7, Pensacola, FL 32503

$229,000
|
|
MLS# 492003
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Last Updated: 11/30/2016 1:17 PM
Description for 5910 Palafox Hwy UNIT 7 Pensacola, FL 32503
Ideal investment property for cash flow! This 7 unit building rarely has a vacancy for more than a week. Units consist of five 1 bedroom and two efficiency apartments. Gross income = $49,980 and approximately NOI $22,559. 9.9% CAP Rate. Located close to the airport in the heart of the Car City area of Pensacola. Good zoning for future use. Owner may consider owner financing for qualifying buyer.
Price
$229,000
None
Escambia County
492003
Active
Description
Ideal investment property for cash flow! This 7 unit building rarely has a vacancy for more than a week. Units consist of five 1 bedroom and two efficiency apartments. Gross income = $49,980 and approximately NOI $22,559. 9.9% CAP Rate. Located close to the airport in the heart of the Car City area of Pensacola. Good zoning for future use. Owner may consider owner financing for qualifying buyer.
Listing Information
Property Type: Multi-Family, Other
1975
None
Neighborhood
Room Information
Exterior / Lot Features
Lot

Pensacola Real Estate

Pensacola is located in Florida. Pensacola, Florida 32503 has a population of 52,246.

The median household income in Pensacola, Florida 32503 is $43,878. The median household income for the surrounding county is $43,806 compared to the national median of $53,046. The median age of people living in Pensacola 32503 is 42 years.

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Courtesy: EXIT REALTY N.F.I COMMERCIAL DIVISION
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, hut no warranty as such is expressed or implied. Listing Information Copyright 2016 Pensacola Association of REALTORS®, Inc. The date relating to real estate on this web site comes in part from the IDX Program of the Pensacola Association of REALTORS®, Inc. real estate listings held by brokerage firms other than this broker are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies.
Information is deemed reliable but is not guaranteed.

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