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Caughey Arms Townhome Apartments

$1,650,000

1201-1281 West Maxwell Street, Pensacola, FL 32501

Active
Last Updated: 05/13/2025

10

Cap Rate

16,956 sqft

Building Size

Details:
Cap Rate:    10%
Building Size:    16,956 sqft
Lot Area:    0.6 acres
Units:    12
Year Built:    1974
Zoning:    HDR
Floors:    2
Parking Spots:    24
Year Last Renovated:    2023
Baths:    2
Highlights:
  • Lot Dimension: 300 x 102
  • Annual Tax: $ 4947.88
  • Average Floor Size: 598.0
  • Average Occupancy Rate: 80.0
  • Age: 41-50 Years Old
  • Lot Size: 1/2 - 1 Acre
  • Sewer: Public
  • Water: City Water
Description:

Contact Listing Agent J Leccese at Joe.Leccese@cbcnrt.com +1850-393-8708.
DO NOT VISIT PROPERTY IT IS OCCUPIED DO NOT DISTURB TENANTS.
A Confidentiality and Non-Circumvention Agreement (CNCA) must be executed by all parties involved to obtain information.
Proof of Funds (POF), Letter of Intent (LOI) or Contract Offer required prior to coordinating any property tours.
Coldwell Banker Commercial Realty (“CBC”) has been contracted by the owner of the property to list and market it for sale. Neither the owner nor CBC representatives make any representations as to the accuracy or completeness of presented information. Reference to property age, square footage, income, expenses and any other property specific information are approximate and shall be independently verified. The Property may be withdrawn without notice.
The recipient of this information that signed a Confidentiality and Non-Circumvention Agreement (CNCA) regarding this matter and the information is subject to the terms of that agreement.

Renewed, renovated, improved large 12 two story spacious townhomes in the Englewood Neighborhood near the Baptist Healthcare Campus that has plans to revamp the old campus into a mixed-use development incorporating multi- and single-family homes, a park, redesigned street connections and spaces for restaurants, retailers and social services.
Less than 3 miles from downtown Pensacola, 20 minutes from Naval Air Station (NAS) Pensacola and Pensacola Beach.
Approximate Gross Monthly Rent $16,800

All utilities (electricity, water, sewer, trash, cable) responsibility of tenants.

2024 Property Taxes $4,947.88

HIGH DENSITY RESIDENTIAL (HDR) ESCAMBIA COUNTY FLORIDA SEC. 3-2.8

Map:
Documents:
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Gulf Coast CMLS
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Confidentiality Agreement
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Survey
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Property Flyer
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Location
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