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The Crossings at Milestone

240 units, Completion 2nd Qtr. 2017, Pensacola, FL Class "AA" Development

Property Highlights:

Year Built / Renovated: 2016 / N/A
Number of Units: 240 Units
Average Square Feet: 1,027 SF
Total Square Feet: 246,624 SF

Site Details

Site Size / Density: 16.0 Acres; 15.0 Units per Acre Parking: Ample

Unit Features

  • Nine-foot Ceilings with Crown Molding
  • Stainless Steel Appliances
  • Deluxe Cabinetry
  • Brushed Nickel Hardware
  • Built-in Microwave
  • Open Breakfast Bar
  • Separate Dining Area*
  • Washer / Dryer Connections
  • Laundry / Utility Room
  • Faux Wood Vinyl Flooring
  • Screened Patio / Balcony with Exterior Closet
  • Computer Nook
  • Garden Tub
  • Walk-in Closet(s)
  • Paneled Doors
  • Track Lighting
  • Ceiling Fan(s)
  • Window Blinds
  • (*In select units)

Community Amenities

  • Controlled Access Gate
  • Clubhouse / Leasing Office
  • Saline Swimming Pool
  • Detached Garages
  • For-rent Storage Units
  • Fitness Center
  • Playground
  • Resident Cyber Cafe
  • Dog Park
  • Mail Kiosk

Investment Highlights:

  • Rare Class AA investment opportunity in high-growth, upscale area.
  • Underserved market quickly absorbs new luxury product
  • Situated on major east-west artery, exposed to 23,500 vehicles per day and close to I-10.
  • Subject has high-quality exteriors and amenities with deluxe interiors. Property received first residents in November 2016 and construction now is almost complete.
  • Three miles from 308-acre campus of Navy Federal Credit Union (4,500 employed) which plans to employ 10,000 at that campus by 2020, after adding 1.4 million SF of new office space. Phase I ($245 million) soon to be completed, will bring 2,000 new workers to this location.
  • Also just minutes from three medical centers and the University of West Florida (12,500 enrolled).

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Contact Information

Walter Miller

Senior Managing Director

Taylor Brown

Director - Multifamily Sales and Lending

Chandler Brown

Director, Multifamily Sales and Lending

Cory Caroline Sams

Director, Multifamily Sales and Lending

Bo Brown

President and CEO