125 N Davis Ln Defuniak Springs, FL 32433
55-unit multifamily property with 95% occupancy in Northwest Florida.
Source:
Svn
Listing Agent: Gordon Maclean, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Multifamily Investment Opportunity
Located in Northwest Florida, this multifamily property features 55 units within a 42,000 SF low-rise/garden building. The property, zoned for Multifamily use, has undergone a recent renovation in 2023, including new metal roofs and freshly painted low-maintenance hard coat stucco exteriors. The property maintains an impressive 95% occupancy rate. The location offers proximity to major thoroughfares, the historic downtown area, Chautauqua Vineyard & Winery, and Lake DeFuniak. An assumable Freddie Mac loan at 3.54% with approximately 7 years remaining is available.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Defuniak Springs
- County
- Walton
- State
- Florida
- Longitude
- -86.0957841
- Latitude
- 30.7271464
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 55-unit multifamily property with 95% occupancy in Northwest Florida.
Where is this apartment building located?
The property is located at 125 N Davis Ln Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $5,895,000.
What are key features of this property?
This property features: - Impressive 95% occupancy rate indicating strong performance.; - Assumable Freddie Mac loan at 3.54% with approximately 7 years remaining.; - Recently renovated in 2023, including new metal roofs and fresh paint.
