Property Type: Commercial Sale |
MLS #: | 969286 | Price: | $6,795,000.00 | Year Built: | 1986 | Square Feet: | 42000 | Bedrooms: | Not available | Bathrooms: | Not available |
HOA Fees: | Not available | Lot Size: | 341 acres | Lot Dimensions: | Not available |
Subdivision: Not available
Description:
Introducing a prime investment opportunity in Northwest Florida! Discover a meticulously renovated 42,000 SF, 55-unit multifamily gem, boasting a prime location zoned for Multifamily use. This property is a beacon of opportunity, with a track record of exceptional performance evidenced by its impressive 95% occupancy rate. Featuring modern amenities and thoughtful design, this low-rise/garden property represents a compelling prospect for prospective investors seeking a turnkey opportunity in the flourishing Northwest Florida market. Discover the charm and potential of the Defuniak Springs, FL area. Nestled in Northwest Florida, this locale offers a captivating blend of small-town ambiance and strategic positioning.
Income-Producing Year Built: 1986 | Income-Producing Building Square Footage: 42000 | ||
Income-Producing Net Operating Income: 428000 | Income-Producing Property Type: Multi-Family | Multi-Family Building Square Footage: 42000 | Multi-Family Number of Units: 55 |
Multi-Family Vacancy Rate: 95 | Multi-Family Net Operating Income: 428000 |
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This listing provided courtesy of Riviera Realty Group LLC.
This information was last updated on 4/1/2025 9:03:37 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
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