$1,325,000
$1,325,000
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0.5 Acres Lot
SOLD DATE : 04/07/2022
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 891653
Sold Date 04/07/22
Year Built 1993
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Multi-Family
Property Description
10 unit apartment complex centrally located in Niceville close to Restaurants, Shopping and Eglin AFB. The apartments are in 2 separate buildings - one building has 6 units, one building has 4 units. 8 of the 2 story apartments are 2 bedroom 1.5 bath units are over 1000 SF each. 2 units are 2 bedroom 1.5 bath approximately 1300 SF each. All units are 2 story with Living room/Dining room/Kitchen and 1/2 bath downstairs and 2 bedrooms and full bath upstairs. The current rents range from $850 - $1175 per month.Tenants pay all utilities (water, sewer, gas, electricity, phone, cable & internet). Each unit has standard Washer & Dryer hook-ups. The current gross rent collected annually is $125,340.
Location
State FL
County Okaloosa
Area 13 - Niceville
Zoning R-3
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