2213 Dellwood Cypress Rd Marianna, FL 32446
This exceptional multifamily investment opportunity in Marianna, Florida, presents a compelling case for astute investors. Priced at $2,300,000, this stabilized Class B property boasts a strong 9.38% cap rate and an adjusted NOI of $215,692. The portfolio comprises 35 rentable units, strategically divided across two properties located less than a quarter-mile apart. The diverse unit mix includes fifteen duplexes, three single-family homes, one farmhouse, and a single RV lot, providing a balanced revenue stream. Currently 100% occupied with long-term tenants, this property offers immediate cash flow and significant upside potential. Situated in Jackson County, Marianna benefits from its proximity to major transportation routes (US Highway 90 and Interstate 10), supporting both agricultural and light industrial businesses. The city provides essential amenities, including schools and healthcare facilities, enhancing the overall quality of life and attracting a stable tenant base. This turnkey investment is ideal for those seeking a high-yield, diversified multifamily portfolio in a growing Florida market. The property consists of 20 buildings, offering a manageable and efficient operational structure. Each unit offers a strong price per unit of $65,714.29, reflecting the value and potential of this exceptional investment. The location at 2213 Dellwood Cypress Rd, Marianna, FL 32446, provides easy access to the city's amenities and transportation networks.
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.