The West 18 Apartment development enjoys a northern Pensacola location in close proximity to the University of West Florida (UWF), Scenic Hills Country Club, West Florida Hospital, and various employment, entertainment, and dining opportunities along Nine Mile Road. West 18 Apartments contains a total of 18 rental units within 5 buildings, including 1 two-story building and 4 single-story buildings, with ample parking. The buildings were constructed in 1985, are wood frame construction, with low maintenance brick veneer. All of the units in the West 18 development contain one-bedroom and one bath with separate vanity area and walk-in closet, averaging 800+- square feet in size. Renovations were completed in 2022, including new composition shingle roofs, new landscaping, fresh exterior paint, and new HVAC. windows, and doors, as needed. Interior renovations include new stainless-steel dishwashers, oven/stoves, and refrigerators, disposals, new cabinet faces, countertops, floor coverings, new washer/dryers in all units, and more! Units are individually metered for water and sewer, which are paid by tenants. Property is 100% leased. Please contact listing agent for detailed financial information. Whether you're a seasoned multifamily investor or just starting in investing, this is a fantastic opportunity add to your portfolio!
- Price:
- $2,350,000
- Bedrooms:
- 1
- Full Baths:
- 1
- Square Footage:
- 800
- Year Built:
- 1985
- Listing ID #:
- 610752
- Street Address:
- 10163 Guidy Ln
- City:
- Pensacola
- State:
- Florida
- Postal Code:
- 32514
- County:
- Escambia
- Subdivision:
- None
- Listing Status:
- Active
- Listing Type:
- Residential Income
K-5
775 students
14 student/teacher
6-8
1200 students
17 student/teacher
9-12
2182 students
16 student/teacher
- Building Condition:
- Resale
- Construction Type:
- Brick Veneer, Brick, Frame
- Flooring:
- Laminate
- Foundation:
- Slab
- Interior Features:
- Ceiling Fan(s), Walk-In Closet(s)
- Number Of Units:
- 18
- Stories:
- 1
- Stories:
- One, Two
- Total Building Square Footage:
- 800
- Type Of Roof:
- Composition
- Windows:
- Blinds
- Year Built:
- 1985
- Net Operating Income:
- 148565
- Operating Expense:
- 75663
- Lot Features:
- Interior Lot
- Lot Size Units:
- Acres
- Zoning Description:
- Res Multi
- Days On Market:
- 20
- Lease Terms:
- 12 Months
- Originating Mls:
- Pensacola Mls
- Tenant Pays:
- Cable Tv, Electricity, Internet, Telephone
- Total Rooms:
- 3
- Parking Description:
- 2 Space/Unit, Parking Lot
- Appliances:
- Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Electric Cooktop, Oven/Cooktop, Refrigerator
- Cooling System:
- Ceiling Fan(s), Central Air
- Electricity:
- Aluminum Wiring
- Existing Water:
- Comm Water
- Has Central Air Conditioning:
- Yes
- Heating:
- Central
- Laundry:
- Inside
- Sewage Type:
- Comm Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Lisa Bradley 850-434-7500 with SVN Southland Commercial Real Estate
Listing Provided By Pointe South 
