Rock Ridge Estates

Posted: 2/10/2021
69 Units
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About Rock Ridge Estates

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of the 69-unit Rock Ridge Estates in Pensacola, FL. Rock Ridge is a 69-Unit Purpose-built Class A Build-for-Rent neighborhood, located 1.5 miles from Navy Federal Credit Union’s (NFCU) rapidly expanding campus that is ahead of schedule to employ 10,000+ by 2026. Arriving to market 100% occupied / 100% leased with excellent in-place rent growth trends, Rock Ridge is poised as a market leader in its asset class and will continue to benefit from explosive employment growth nearby. Completed in October 2020, Rock Ridge delivered the 1st top of the line BFR home community in Pensacola. With 69 individual homes featuring private, fenced yards, top-of-market interior amenities, garages, neighborhood signage and streets, Rock Ridge offers the next investor a quality BFR product with professional property management efficiencies. Given its proximity to major employers, high-quality residences and strong leasing trends, this high-demand asset offers an outstanding opportunity to acquire a unique asset in the burgeoning BFR market.