Sold

5820 Sanders Ave, Pensacola, FL 32504

Sqft
20,624

View property features, location on map, relevant school information and overview from seller's agent.

Listed byHomecoin.com
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Overview

Sanders Apartments offers an incredible investment opportunity with all 20 units completely remodeled over the past 5 years. Major upgrades include new roofs on the two large buildings in 2022, and on the four duplexes in 2024. Additional improvements in 2024 include brand-new fencing and a freshly paved parking lot, ensuring the property looks as good as it performs. Professionally managed by a local property management company, Sanders Apartments has maintained an impressive 100% occupancy rate for the past 5 years, generating a strong gross income of $24,300 per month. This property combines modern updates, consistent income, and a prime location—truly a can't-miss opportunity!

Location

Full feature list

Basic info

Property type
Condo/Co-op
Square feet
20,624
Year built
1972

Utilities

Heating
None
Cooling
Ceiling fan(s), Multi units

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Pensacola Association of REALTORS MLS®#: 663489

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