Description
Turnkey apartment complex consisting of five garden style buildings housing 20 units in the rapidly growing community of Pace, FL! The complex includes four 1 bedroom, 1 bath units that are roughly 725 square feet and sixteen 2 bedroom, 1 bath units at about 800 square feet. The majority of the apartments have been updated with either tile or LVP flooring, new paint, new fixtures, and neutral tones. Some value add opportunity is available for the new owner in the remaining units (~6) that have had loyal tenant populations over the last 3+ years. Additional upgrades include roof replacements of all five buildings in 2020 and 2021, parking lot resurfacing in 2020, and multiple HVAC units and water heaters replaced in the last 5 years. Property rents quickly upon turnovers
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Turnkey apartment complex consisting of five garden style buildings housing 20 units in the rapidly growing community of Pace, FL! The complex includes four 1 bedroom, 1 bath units that are roughly 725 square feet and sixteen 2 bedroom, 1 bath units at about 800 square feet. The majority of the apartments have been updated with either tile or LVP flooring, new paint, new fixtures, and neutral tones. Some value add opportunity is available for the new owner in the remaining units (~6) that have had loyal tenant populations over the last 3+ years. Additional upgrades include roof replacements of all five buildings in 2020 and 2021, parking lot resurfacing in 2020, and multiple HVAC units and water heaters replaced in the last 5 years. Property rents quickly upon turnovers
© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Briar Patch Realty. Vendor Member number: 28178. Data last updated: 2022-08-19T17:59:57.883.
Vendor Member #28178.