Introducing a multifamily investment opportunity in Northwest Florida! A well maintained and renovated 42,000 SF, 55-unit multifamily gem, boasting a prime location zoned for Multifamily use. Highlights Low-rise/garden Current in-place ASSUMABLE Freddie MAC first mortgage: Origination: March 24, 2022 Loan Amount: $3,120,000 Term: 10 yrs. Amort: 30 yrs. Rate: 3. 54% CAP Rate 7. 31% NOI 430,990. 00 Flood Zone X Recent 2023 new metal roofs Low maintenance hard coat stucco exteriors, freshly painted in 2023 Impressive 95% occupancy rate Operating memorandum available upon request.
Listed By
Agency Name: SVN Riviera Commercial
Shown By
Agent Name: The Moats Group
Agent Phone: (601) 270-6435
Agency Title: Premier Property Group
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125 N Davis Lane | MLS# 783548
This commercial property located at 125 N Davis Lane, Defuniak Springs, FL 32433 is currently listed for sale with an asking price of $5,795,000. Search Defuniak Springs real estate on themoatsgroup.premierfl.com today.