Overview
Constructed in 1971 and completely upgraded in 2015, Chapins Landing is a 349 unit, garden style complex located in Pensacola, FL. The extensive redevelopment consisted of both interior and exterior/amenity renovations resulting in a total expenditure over $7 million. Chapins Landing provides residents with one of the most desirable locations in Pensacola, being within arms-reach of the metros largest employers, retail destinations, universities and thoroughfares. While the property is less than a mile from the largest mall in Pensacola as well as dozens of nationally branded big-box retailers, Chapin Landing’s resort style atmosphere creates a sense of privacy and seclusion.
The primary industries driving Pensacola’s metro are Naval Air Station Pensacola (the country’s largest military training facility), healthcare, education, finance and tourism. More than 23,000 military and civilian personnel are employed at Naval Air Station Pensacola. The base is primarily a training facility, which has allowed it to escape the instability related to large-scale deployments as well as the risk of closure during past base realignments, and employment has been steady over the last decade. As the largest metro in the northwest Florida region, Pensacola also has a significant concentration of medical and educational employers including several small to mid-sized colleges and large hospitals, with a combined total employment of approximately 29,000. Those anchors provide a stabilizing counterbalance to the more seasonal tourism industry, which employs 24,000 within the metro area. Professional employment has also been a growth engine for Pensacola in recent years, driven by the ongoing expansion of the Navy Federal Credit Union, which has recently brought an influx of jobs to the metro in the financial sector.
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