205-540-5750
100 Redwood Cir
Pensacola, FL 32506
Outer Southwest Pensacola
HIGHLIGHTS
- West Pensacola location off N Warrington Road, adjacent to NAS Pensacola Corry Station, places the property in a military- and service-based hub.
- 132-unit, 15-building garden-style apartment community featuring a collection of two- and three-story buildings, including a playground and dog park.
- Minimal current occupancy provides immediate value-add upside, allowing investors to begin renovations without displacement and drive rent growth.
- Classic brick mansard-style construction with exterior unit access supports durability for future enhancements and long-term ownership appeal.
- Pet-friendly one-, two-, and three-bedroom floor plans serve a broad renter base and support consistent demand across household types.
- Pensacola’s diverse economic base, anchored by military and healthcare, and projected household growth, underpins sustained long-term rental demand.
FOR SALE DETAILS
PRICE
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# OF UNITS
132
CAP RATE
Request Cap Rate
% LEASED
9%
STATUS
Under Renovation
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MFR Repositioning Opportunity | Corry Station
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1969
PARKING SPACES
174
LAND DETAILS
LAND ACRES
6.74 AC
LAND SF
293,594 SF
ZONING
MDR
APN/PARCEL ID
34-2S-30-1240-015-124,56-2S-30-1300-000-015
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205-540-5750
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205-540-5750
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