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872 Deer Wood Lane, Chipley, FL 32428
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872 Deer Wood Lane
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Priced at Only: $1,525,000
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Address: 872 Deer Wood Lane, Chipley, FL 32428
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  • MLS#: 782383 ( CommercialSale )
  • Street Address: 872 Deer Wood Lane
  • Viewed: 69
  • Price: $1,525,000
  • Price sqft: $143
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 10658
  • Days On Market: 158
  • Additional Information
  • Geolocation: 30.7657 / -85.5661
  • County: WASHINGTON
  • City: Chipley
  • Zipcode: 32428
  • Subdivision: [no Recorded Subdiv]
  • Provided by: Luxe Coastal Realty Group LLC
  • DMCA Notice
  • Description
    INVESTORS $50K PRICE REDUCTION. Deerwood Apartments is a fully occupied 16 unit multifamily asset offering immediate cash flow and clear upside. Unit mix includes (8) 1BR/1BA and (8) 2BR/1BA units. Recent ~$350K in improvements: new septic, parking lot, exterior paint, updated laundry facility (additional income), plus 8 fully renovated units and 8 refreshed units. Roof replaced 2019. Strong in place income with below market rents provides a path to increased NOI. Located near I 10 and the growing Hwy 77 corridor with consistent rental demand. Turnkey asset with minimal CapEx and built in upside at a newly improved price.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
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  • Carport Spaces: 0.00
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  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: 8 4 13 1.27 ORB 981 P 367 BEG. 660'E., 337.3' S.OF NWC OF SW1/4 OF SW1/4 OF NW1/4, RUN W 335.7' TO POB, S 294' TO SR 280, W 40', N 180', W 170', N 234.88', E 210', S 120.88 TO POB. AS DESC IN ORB 981 P 367.
  • Levels: Two
  • Area Major: 10 - Washington County
  • Occupant Type: Occupied
  • Parcel Number: 00000000-00-2072-0008
  • Possible Use: MultiFamily
  • The Range: 0.00
  • Views: 69
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Details for 963 Industrial Drive, Chipley, FL 32428
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This expansive industrial complex presents a prime opportunity to elevate your business operations in a secure, well equipped setting. Located on 4.1 acres of improved land, the property features five

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  1. Approx. 52240 sqft
  2. Approx. 4.10 acres
  1. MLSID: 776851
  2. Provided by SOUTHERN WAY REALTY, INC.
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Nearby Subdivisions
[no Recorded Subdiv]   Chipley   Chipley Industrial Park   No Named Subdivision  
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  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com