125 N Davis Ln Defuniak Springs, FL 32433
55-unit multifamily property with 95% occupancy in Northwest Florida.
- Added:
- Mar 6, 2026
- Days on Market:
- 127
- Last Refresh:
- Apr 6 at 12:27 am
Property Features for 125 N Davis Ln
General Information
- Standard status
- Active
- Size
- 42,000 SF
- Property subtype
- Multifamily
Listing office SVN RIVIERA COMMERCIAL (850) 240-3122
Listing date Mar 6, 2026
Source Svn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Key Highlights
- 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.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.01M | $24.00 |
| − Vacancy | −$162.3k | −$3.86 |
| EGI | $845.7k | $20.14 |
| − OpEx | −$380.6k | −$9.06 |
| NOI | $465.1k | $11.07 |
