Bel Aire Terrace Apartments

Bel Aire Terrace Apartments

Price: $ Market Bid

Total Number of Units: 324

Address: 100 Bel Aire Drive, Crestview, FL 32536, United States

  • 14.07 percent growth in effective gross income over the past 12 months
  • $58 per unit, per month in-place rental upside compared to most direct competitor
  • 70 percent two and three-bedroom floor plans
  • Opportunity for strategic interior upgrades including but not limited to: stainless steel kitchen appliances, updated cabinet facings, modernized vinyl wood flooring and tile kitchen backsplash

>>Click Here to View Offering Documents<<


Lead Agent(s): Francesco P. Carriera or Michael P. Regan

Location Highlights

  • Eglin Air Force Base – Home to 9,470 active duty military, 4,038 civilian employees, 575 NAF employees and 2,957 contractors
  • Hurlburt Field – 11,171 employees
  • $7.5 billion annual economic impact from local military and defense industry
  • North Okaloosa Medical Center – 600 local jobs
  • Fort Walton Beach Medical Center – 992 local jobs
  • Destin-Fort Walton Beach Airport – 1.13 million passengers annually (30% annual growth)
  • Zoned for all ‘A’ public schools
  • Beaches of Okaloosa Island, Santa Rosa Island and Destin, FL (all 30 minutes from Bel Aire Terrace)



Bel Aire Terrace from Carriera Regan on Vimeo.

Additional Photos