Multi-Family Space For Lease @ 10163 Guidy Ln

The West 18 Apartment development enjoys a northern Pensacola location in close proximity to the University of West Florida (UWF), Scenic Hills Country Club, West Florida Hospital, and various employment, entertainment, and dining opportunities along Nine Mile Road. Guidy Lane Apartments contains a total of 18 rental units within 5 buildings, including 1 two-story building and 4 single-story buildings, with ample parking. The buildings were constructed in 1985, are wood frame construction, with low maintenance brick veneer. Renovations of the buildings are nearly complete, including new composition shingle roofs, fresh paint, and updated and renovated unit interiors, including new stainless steal dishwashers, oven/stoves, and refrigerators, disposals, new cabinet faces, countertops, floor coverings, washer/dryers, and more! Units are individually metered for water and sewer, which are paid by tenants. Currently 4 units are vacant, and all units are anticipated to be leased as renovations are complete, by December 2021. Financials are based on proforma, assuming completion of planned improvements and market rents and vacancy.

All of the units in the West 18 development contain one-bedroom and one bath, averaging 800+- square feet in size. Whether you are a seasoned multifamily investor or just starting in multifamily investing, this is a fantastic opportunity add to your portfolio! Do NOT contact property manager or tenants, For additional information or to schedule a tour, please call Lisa Bradley at 850-712-2232. This space offers accomodations for: lowrisegarden.