15031 Us Business Hwy 331 Freeport, FL 32439
This exceptional investment opportunity in Freeport, Florida, situated in rapidly growing Walton County, presents 31 detached multi-family units. Each unit offers three bedrooms, two bathrooms, and a spacious 1,007 square feet of living area. All units feature brand new roofs, significantly reducing maintenance expenses. Currently boasting 100% occupancy with a waiting list, this property offers immediate and substantial cash flow. The high occupancy rate, coupled with the strong demand in this thriving area, ensures a secure and lucrative investment. The 5.45-acre lot provides ample space and potential for future expansion or development. This turnkey investment is ideal for those seeking a high-performing asset with significant long-term growth potential in a desirable location. The property's strong performance and low maintenance requirements make it an attractive option for both seasoned and new investors. The combination of high occupancy, new roofs, and location in a rapidly growing county makes this a compelling investment opportunity. This property offers a rare chance to acquire a well-maintained, high-yielding multifamily complex in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.