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507 Amos Street

Crestview, FL 32539
  • $1,995,000
  • STATUS: Active
  • ON SITE: 237 Days
  • MLS #: 900731
UPDATED: 56 min ago
$1,995,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Fully Leased- Beautiful, Newly Built, Coastal Inspired Apartment Complex 8,400 SF Multifamily facility with ten (10) rentable units) Each unit is built out as a 2bedroom 1 bath set up Nicely Built Out Exterior- featuring Hardy Plank Siding, Dimensional Shingles. Interior Build Out - nicely planned out floor plans with attractive vinyl floors, neutral colors for the interiors- Average Cost per door, per month $1,250 - Under market rents provide a value-add opportunity in as little as 3 mths. The market bears $1,395 per month. New Value Add Opportunity- Owner will sell additional 5.5 AC parcel for added $750,000. The 5.5-acre site has a DO in place for a 50 door Apartment bldgFully Leased- Beautiful, Newly Built, Coastal Inspired 10 Unit Apartment Complex For Sale. Nicely finished out units. Nicely Built Out Exterior- Hardy Plank Siding, Dimensional Shingles. Nicely Trimmed and Framed Interior Built Out - Vinyl Floors, Neutral colors for the interiors- grays and whites for cabinetry/ tile work, upgraded interior doors. Under market rents provide a value add opportunity in as little as three months. There is an on-site manager who handles day-to-day operations. The owner has informed tenants of an incoming 6% rental increase over their current rent. All tenants want to remain, and LL will refrain from renewing leases prior to close if the buyer desires a higher rental income

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© 2023 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 HCB Realty Advisors, LLC.. Vendor Member number: 28178. Data last updated: 2023-02-02T18:59:35.293.
Vendor Member #28178.
www.hcbrealtyadvisors.com/homes/129678123
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507 Amos Street Crestview, FL 32539

  • Price: $1,995,000
  • Status: Active
  • On Site: 237 Days
  • Updated: 56 min ago
  • MLS #: 900731
0
Beds
0
Baths
0
½ Baths
0.66
Acres
Neighborhood:
Crestview Area
County:
Okaloosa
Area:
Crestview Area
Property Description
Fully Leased- Beautiful, Newly Built, Coastal Inspired Apartment Complex 8,400 SF Multifamily facility with ten (10) rentable units) Each unit is built out as a 2bedroom 1 bath set up Nicely Built Out Exterior- featuring Hardy Plank Siding, Dimensional Shingles. Interior Build Out - nicely planned out floor plans with attractive vinyl floors, neutral colors for the interiors- Average Cost per door, per month $1,250 - Under market rents provide a value-add opportunity in as little as 3 mths. The market bears $1,395 per month. New Value Add Opportunity- Owner will sell additional 5.5 AC parcel for added $750,000. The 5.5-acre site has a DO in place for a 50 door Apartment bldgFully Leased- Beautiful, Newly Built, Coastal Inspired 10 Unit Apartment Complex For Sale. Nicely finished out units. Nicely Built Out Exterior- Hardy Plank Siding, Dimensional Shingles. Nicely Trimmed and Framed Interior Built Out - Vinyl Floors, Neutral colors for the interiors- grays and whites for cabinetry/ tile work, upgraded interior doors. Under market rents provide a value add opportunity in as little as three months. There is an on-site manager who handles day-to-day operations. The owner has informed tenants of an incoming 6% rental increase over their current rent. All tenants want to remain, and LL will refrain from renewing leases prior to close if the buyer desires a higher rental income
Exterior Features

Lot Size Dimensions 150 X 100

Property Features

Business Name Residential Investment Apt. Property Class Commercial Zoning Hdmu

Listing courtesy of Nai Pensacola: (850) 433-0577.


© 2023 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 HCB Realty Advisors, LLC.. Vendor Member number: 28178. Data last updated: 2023-02-02T18:59:35.293.
Vendor Member #28178.
 
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HCB Realty Advisors, LLC.
42 Business Centre Drive, Suite 101
Miramar Beach FL, 32550