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874 Deerwood Lane
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PRICED AT ONLY: $1,900,000

Address: 874 Deerwood Lane, Chipley, FL 32428

Description

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 (over $350,000) 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.
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  • MLS#: RX-11009386 ( MultiFamily (5+ Units) )
  • Street Address: 874 Deerwood Lane
  • Viewed: 5
  • Price: $1,900,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 0
  • Days On Market: 161
  • Additional Information
  • Geolocation: 30.7655 / -85.566
  • County: WASHINGTON
  • City: Chipley
  • Zipcode: 32428
  • Provided by: Luxe Coastal Realty Group LLC
  • Contact: Marcy L O'Donnell
  • (848) 220-5555
  • DMCA Notice
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Features
Bedrooms / Bathrooms
  • Num Toilets: 16
Building and Construction
  • Absolute Longitude: 85.565966
  • Flooring: Other
  • Roof: Comp Shingle
  • Sqft Source: Floor Plan
  • Total Number Of Units: 16
  • Total Building Sqft: 10037.00
  • Type Of Building: Income, Resident. Multi-Fam.
Property Information
  • Property Desc: Multi Fam
  • Property Group Id: 19990816212135227274000000
Utilities
  • Air Conditioned: 100.00
  • Cooling: Electric
  • Fire Protect: Smoke Alarm
  • Heating: Electric
  • Num Of Stories: 2.0
  • Utilities: Public Sewer, Public Water
Finance and Tax Information
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Cable, Electric, Sewer, Water
Other Features
  • Avail Docs: None
  • Avail Info: Full Financials
  • Country: United States
  • Legal Desc: 8 4 13 2.2 OR 179 P 591 BEG. 660'E., 215.82'S.OF NWC OF SW1/4 OF SW1/4 OF NW1/4, RUN
  • Parcel Id: 000000000020720008
  • Possession: Funding
  • Sale Includes: Building and Land
  • Use: Hotel/ Motel, Income
  • Zoning: R-2
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