Contacts
Gary Watson, CCIM
Watson Commercial Group, LLC
CCIM
Property Details
- Property Type Senior Housing
- Units 65
- Lot Size 4.87 Acre
- Cap Rate % 12
- Zoning HDR
- Additional Rent Contact for pricing
- # of Floors 1
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1988
- Year Renovated 2006
- Date Updated Sep 11, 2024
This ALF was originally licensed for 65 beds. Currently licensed for 54.
Currently there are 46 residents.
NOI $446,510 / CAP Rate 12%!
Licensed as ALF and Limited Mental Care.
Full equipped commercial kitchen.
Great upside here. Rents are below market and there are vacancies.
Approximately half the land is vacant meaning there's room to expand.
Plenty of room for walks. There is a gazebo in the shade of large oaks. There is also an outdoor putting green for the golfers! No commercial uses nearby....very quiet!
Fairly new metal roof, A/Cs aren't that old and there are 2 gas powered generators. The entire bldg is sprinkled (fire).
Shown by appointment only! DO NOT GO TO THE PROPERTY!
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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23/100
Walk Score ®
-
49/100
Bike Score ®
Location
- City Pensacola, FL
- Neighborhood Myrtle Grove
- Zip Code 32506
- Market Pensacola
Points of Interest
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Palmetto Beach Park
3.84 miles
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Pensacola
6.64 miles
-
T & C Number Three Food Mart
0.34 miles
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Quick Food Mart
0.91 miles
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Tom Thumb
1.18 miles
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Quick Fill
1.26 miles
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Circle K
1.94 miles
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Shell
1.97 miles
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Murphy USA
2.01 miles
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Tom Thumb
2.04 miles
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Nex
2.09 miles
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Shell
2.42 miles
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Dickinson Park
2.52 miles
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Lighthouse Parking
5.41 miles
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Bayou Boulevard Garage
6.63 miles
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Parking Lot K
6.65 miles
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Parking Lot J
6.69 miles
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9th Avenue Garage
6.84 miles
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Parking Lot I
6.85 miles
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Parking Lot G2
6.86 miles
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Parking Lot E
6.86 miles
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Parking Lot F
6.91 miles
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Osceola Ranch Motel
1.89 miles
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Mona Lisa Motel
1.91 miles
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Hospitality Inn
1.93 miles
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Holiday Inn Express Hotel & Suites - Pensacola West-Navy Base
2.01 miles
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Mayfair Motel
2.03 miles
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Super 8 by Wyndham Pensacola West
2.17 miles
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Super 8 Pensacola N.A.S. Corry
2.19 miles
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Quality Inn N.A.S. - Corry Building 2
2.19 miles
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Quality Inn N.A.S. - Corry
2.20 miles
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Circle Motel
2.30 miles
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Grocery Outlet
0.46 miles
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Commissary
1.94 miles
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Navy Exchange (NEX)
1.97 miles
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Walmart Supercenter
2.08 miles
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Winn-Dixie
2.48 miles
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Publix
2.50 miles
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Bellview Plaza
2.52 miles
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Walmart Supercenter
2.64 miles
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Asia Oriental Market
2.83 miles
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Bien Dong Oriental Market
3.02 miles
In-Depth Research Available for this Property
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Contact Listing Broker
Gary Watson, CCIM
Watson Commercial Group, LLC
CCIM