Peachtree Commons Apartments
The Peachtree Commons project is comprised of Nine (9) two-story walk-up buildings containing 218 units; 142 one-bedroom and 76 two-bedroom units. The property, located at 4600 Twin Oaks Drive, Escambia County, Pensacola Florida 32506 is approximately 7.37 acres, and has a swimming pool, picnic area, playground, tennis court, laundry facilities, and office and maintenance areas. The Borrower will be Peachtree FL LLC, a Florida limited liability company, that is a disregarded entity wholly owned by JPC Charities, an Ohio nonprofit corporation exempt from tax pursuant to I.R.C. Section 501(c)(3).