1012 N 72nd Ave
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1012 N 72nd Ave
17,569 SF Specialty Building Offered at $5,386,386 CAD at a 12% Cap Rate in Pensacola, FL 32506
Executive Summary
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!
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!
Property Facts
| Price | $5,386,386 CAD | Lot Size | 2.35 AC |
| Price Per SF | $307 CAD | Building Size | 17,569 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 12% | Year Built | 1988 |
| Property Type | Specialty |
| Price | $5,386,386 CAD |
| Price Per SF | $307 CAD |
| Sale Type | Investment |
| Cap Rate | 12% |
| Property Type | Specialty |
| Lot Size | 2.35 AC |
| Building Size | 17,569 SF |
| No. Stories | 1 |
| Year Built | 1988 |
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PROPERTY TAXES
| Parcel Number | 11-2S-31-2117-000-000 | Improvements Assessment | $1,884,288 CAD |
| Land Assessment | $63,288 CAD | Total Assessment | $1,947,576 CAD |
PROPERTY TAXES
Parcel Number
11-2S-31-2117-000-000
Land Assessment
$63,288 CAD
Improvements Assessment
$1,884,288 CAD
Total Assessment
$1,947,576 CAD
zoning
| Zoning Code | HDR |
| HDR |
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1012 N 72nd Ave
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