Chipley, FL 32428
Property Inquiry
Contact Marcy O'Donnell about this property!
Property Details
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 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. Don't miss out on your opportunity to own this fantastic investment property! The other 8 units were recently refreshed with new paint, flooring and fixtures so this investment property leaves nothing to be desired. This site sits in a prime location where residents have easy access to I-10 and everything that Chipley has to offer such as grocery shopping, retail businesses, restaurants and endless job opportunities. With 100% occupancy and a strong cap rate, you do not want to miss out on putting this one to your portfolio.
| COUNTY | Washington |
| SUBDIVISION | N/A |
| PARCEL ID | 00000000-00-2072-0008 |
| TYPE | Commercial Sales |
| STYLE | N/A |
| ACREAGE | 1 |
| LOT ACCESS | N/A |
| LOT SIZE | N/A |
| HOA INCLUDE | N/A |
| HOA FEE | N/A |
| UTILITIES | N/A |
| PROJECT FACILITIES | N/A |
| ZONING | N/A |
| PARKING FEATURES | N/A |
| APPLIANCES | N/A |
| ENERGY | N/A |
| INTERIOR | N/A |
| EXTERIOR | N/A |
| ROOM DIMENSIONS | N/A |
Schools
Location & Map
From the beach, take Hwy 79 to FL 277/Roche Ave and turn right. Turn right on Brickyard Rd and then left on Deerwood Lane.