Michaelson Real Estate Group, LLC and a Private Equity Investor Acquire Carriage Hills Apartments in Escambia County, Florida.

Michaelson Real Estate Group, LLC (“Michaelson”) and a private equity investor have acquired Carriage Hills Apartments in Pensacola, Florida.

The 260-unit multi-family housing community is located at 2355 West Michigan Avenue, just minutes from the Gulf of Mexico and some of the Country’s most pristine sandy beaches. Located near Cordova Mall, the area’s largest shopping center, and Historic Downtown Pensacola, Carriage Hills is just minutes from Pensacola’s best restaurants, shopping, banks and schools. Sacred Heart Medical Complex, Pensacola College, Pensacola Junior College and the new Rave Theater are within a 10-minute drive. The U.S. Navy facilities, including the Navy Exchange and NAS Pensacola, are also nearby. Carriage Hills offers superb accessibility to the area’s most traveled highways, Interstate 10 and Interstate 110.

Built in 1972, Carriage Hills features one, two and three bedroom apartments with 7001,600 square feet of living space. The community boasts newly renovated luxury upgrades such as stainless steel appliances, wood plank flooring and granite fireplaces. Threebedroom town homes offer covered parking, wood burning fireplaces, front load washers & dryers and walk in closets. The property also boasts a superior amenity package including a sparkling resort-style pool with outdoor grill, fire pit, dog park, three laundry centers, clubhouse, fitness center, Wi-Fi business center and beautiful landscaping.

Michaelson specializes in enhancing multifamily values through marketing, management and repositioning. Michaelson has managed more than 30,000 apartment, condominium and commercial units throughout Florida, North Carolina, Tennessee and Texas.