260 N Crow Road, Pensacola, FL 32506 (MLS# 887752)

260 N Crow Road, Pensacola, FL 32506

$3,450,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 105,851 Status: Sold

Current Price: $3,450,000 List Date: 12/21/2021 Last Modified: 10/13/2024

Overview

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.

Listing Details MLS# 887752

Status Change Info

Under Contract Date: 2022-02-07
Sold Date: 2022-05-05

Contract Info

GCCMLS Number: 30779694
Listing Board: Emerald Coast

Location Tax and Legal

Area: 08 - Escambia County
Street #: 260
Street Direction: N
Street Name: Crow
Street Suffix: Road
State: FL
Zip Code: 32506
County: Escambia
Parcel ID: 192S311107000010

General Property Info

Listed on GCCMLS: Yes
Vacant: No
Acreage: 2.43

Multi-Family

# of Units: 36

More Information

Property Features

Class: Multi-Family Construction Status: Existing

Listing Office: Taylor Allen Properties LLC

Last Updated: October - 13 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.