Willowbrook

About Willowbrook

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 218-unit Willowbrook apartment community located Pensacola, FL. This asset is Situated in the desirable West Pensacola submarket. Built in 1976, Willowbrook is a Pensacola community generating approximately $1.5 million of current annualized NOI following an approximately $6 million property-wide transformation. Ownership has improved 161 units - 34 to premium specification and 127 through deliberate intermediate scopes that proved pricing and demand, 57 untouched units remain. The remaining 184-unit completion program to the premium level requires approximately $2.3M of base capital and identifies approximately $649K+ of annualized gross rent upside at premium rents already achieved onsite. Complemented by its strategic location just one mile from Pensacola Naval Air Station and the Pensacola market’s strong employment and population growth, Willowbrook is well positioned to deliver durable cash flow and long-term value appreciation.