Ridgetop Page 1

Listing Status:	Active
Property Type:	Multi-Family
Subtype:	Garden/Low-Rise
Property:	Ridgetop Apartments
Address:	7201 Bruner Street
	Pensacola, FL 32526. United States
Price:	$2,500,000
Down Pmt:	$500,000
Sq. Feet:	63,810
Units:	80
Occupancy:	98 %
Use Type:	Investment
Investment:	Cap Rate:	9.66%	actual
Factors:	Cash-on-Cash:	19.27%	actual
	Price/ Unit:	31,250.00
	Built:	1980

Property Description:

Property consists of 60- 2 bedrooms, 1 1/2 bathrooms, dining room, kitchen, and living room. 833.5 sq ft. 20- 1 bedroom, 1 bathroom, dining room, kitchen, and living room. 690 sq ft. One support building containing office and maintenance room along side the swimming pool!

Location Description:

Pensacola is a very prospering town with lots of new growth. We are home to the Naval Air Station and are blessed with a huge influx of tourists who sometimes decide not to go home!

Contact Information

RE/MAX Horizons Realty
	Mark Taylor	Phone: 850-476-6000 ext:3346
	Kenneth Payne	Phone: 850-476-6000 ext:3335

Ridgetop Apartments Page 2

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