Multifamily
Woodland Place
8221 Pittman Ave, Pensacola, FL 32534
Listing Price: Request For Offer
Investment Overview
The Woodland Place Apartment community is a multifamily development opportunity located in the thriving market of Pensacola, FL. Situated on 10+ acres in the Ensley submarket, Woodland Place sits just south of Nine Mile Rd and is currently comprised of 10 three-bedroom, two bath townhome units that include garages and nearly 1,600 SF of living space. The remaining land is shovel-ready and current ownership has completed plans to build 156 two bed, two bath units to be developed in two phases.
Woodland Place
Investment Highlights
- Woodland Place is positioned for the next investor to hit the ground running as environmental, sewer, zoning, architectural plans, etc. have been completed allowing for vertical construction to begin.
- Pensacola has experienced significant population growth particularly over the last decade as the in-migration of residents out of the NE has lead a nearly 14% population expansion.
- Woodland Place is located just off Pensacola Blvd (Hwy 29) less than two miles south of the rapidly growing Nine Mile Road. FDOT estimates the average daily traffic along Hwy 29 at nearly 40,000.
Exclusively Listed By
Broker of Record
Listing Price: Request For Offer
Investment Highlights
- Woodland Place is positioned for the next investor to hit the ground running as environmental, sewer, zoning, architectural plans, etc. have been completed allowing for vertical construction to begin.
- Pensacola has experienced significant population growth particularly over the last decade as the in-migration of residents out of the NE has lead a nearly 14% population expansion.
- Woodland Place is located just off Pensacola Blvd (Hwy 29) less than two miles south of the rapidly growing Nine Mile Road. FDOT estimates the average daily traffic along Hwy 29 at nearly 40,000.
Investment Overview
The Woodland Place Apartment community is a multifamily development opportunity located in the thriving market of Pensacola, FL. Situated on 10+ acres in the Ensley submarket, Woodland Place sits just south of Nine Mile Rd and is currently comprised of 10 three-bedroom, two bath townhome units that include garages and nearly 1,600 SF of living space. The remaining land is shovel-ready and current ownership has completed plans to build 156 two bed, two bath units to be developed in two phases.
Exclusively Listed By
Broker of Record
