Property
| Ownership: | Commercial |
|---|---|
| Type: | Multi-Family |
| Area: | 5940 sq ft |
Financials
Price:$1,638,000
Listing Courtesy of Luxe Coastal Realty Group LLC
Deerwood Apartments offers a strong investment opportunity in the growing NW Florida market.
Description
Deerwood Apartments offers a strong investment opportunity in the growing NW Florida market. Located at 872 Deerwood Lane in Chipley, this well-maintained 16-unit community sits on just over an acre and features eight 1BR/1BA units (550 sq ft) and eight 2BR/1BA units (850 sq ft). The property has received significant recent upgrades, including a new septic system, new driveway and parking lot, full exterior paint, an updated on-site laundry facility, and a 2019 roof. Inside, 8 units have been fully remodeled and 8 have been refreshed, offering a turnkey asset with durable improvements throughout. Residents enjoy convenient access to I-10, nearby shopping and dining, medical services, and Chipley's ongoing revitalization efforts.
Unbranded Virtual Tour: https://www.propertypanorama.com/872-Deer-Wood-Lane-Chipley-FL-32428/unbranded
Unbranded Virtual Tour: https://www.propertypanorama.com/872-Deer-Wood-Lane-Chipley-FL-32428/unbranded
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
