941 pocahontas drive, fort walton beach, fl | 139 UNITS | INFILL LOCATION

•Immediate Double Digit Cash-on-Cash Returns

•Across from $500K to $1M+ waterfront homes on Cinco Bayou

•Opportunity for New Ownership to Implement a RUBS Program

99% Occupied with Opportunity to Capitalize on Annual Organic Rent Growth

 

•Stable Turnkey Investment with Strong Trailing Yield

•Potential Rent Increases with Cosmetic Improvements

•Quiet Neighborhood close to Major Retailers, Restaurants, and Eglin Air Force Base

Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc.

In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116.  For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing.aspx

Orlando Office

300 South Orange Avenue, Suite 1325

Orlando, FL 32801

407.481.9920

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Berkadia® is a trademark of Berkadia Proprietary Holding LLC.