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Listed by Luxe Coastal Realty Group LLC
$1,900,000
Est. payment /mo
16 BA
10,037 SqFt
Active
874 Deerwood LN Chipley, FL 32428
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UPDATED:
08/27/2024 07:49 AM
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 10,037 sqft
Price per Sqft $189
MLS Listing ID RX-11009386
Year Built 1982
Annual Tax Amount $7,836
Tax Year 2023
Lot Size 1.270 Acres
Property Description
Here is your opportunity to acquire a lucrative multi family property in a NW Florida area that is in high demand. Deerwood Apartments is among the very best located and maintained properties in the heart of Chipley, FL. This property offers a total of 16 units including Eight 1 BR/1 Bath units (550 sqft each) and Eight 2 BR/1 Bath (850 sqft each) units all sitting on a quaint tree-lined parcel that totals over an acre in size. The 2 story building was constructed in 1982 and recently had significant upgrades (over $350,000) in the last year including all new septic tank, driveway & parking lot, laundry facility and full exterior paint. The roof was replaced in 2019 and 8 units have been fully remodeled.
Location
State FL
County Washington
Area 5940
Zoning R-2
Interior
Heating Electric
Cooling Electric
Flooring Other
Fireplaces Type Smoke Alarm
Exterior
Utilities Available Public Sewer, Public Water
Roof Type Comp Shingle
Building
Story 100.00
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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