Chipley, FL 32428
Property Inquiry
Contact Marcy O'Donnell about this property!
Property Details
Introducing Deerwood Apartments, a prime investment opportunity in the sought-after NW Florida area! Nestled in the charming heart of Chipley, FL, this multi-family detached property boasts 16 well-maintained units spread across a scenic, tree-lined acre lot. Perfectly balancing modern upgrades with classic allure, this complex features eight 1-bedroom, 1-bath units (550 sqft each) and eight 2-bedroom, 1-bath units (850 sqft each). Built in 1982, the property has undergone significant updates with a new roof in 2019 and eight units fully remodeled for contemporary comfort. Recent enhancements include a brand-new septic system, a freshly paved driveway and parking lot, a modern laundry facility, and a complete exterior repaint. Discover Deerwood Apartments--a thriving community offering stability and growth in one of Florida's high-demand areas. With 100% occupancy and a strong cap rate, don't miss this exceptional chance to invest in a truly standout property!
| 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.