125 Davis Lane, Defuniak Springs, FL 32433
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Priced at Only: $5,895,000
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Address: 125 Davis Lane, Defuniak Springs, FL 32433
Property Location and Similar Properties
- MLS#: 783548 ( Commercial )
- Street Address: 125 Davis Lane
- Viewed: 6
- Price: $5,895,000
- Price sqft: $140
- Waterfront: No
- Year Built: 1984
- Bldg sqft: 42240
- Days On Market: 3
- Additional Information
- Geolocation: 30.7272 / -86.0968
- County: WALTON
- City: Defuniak Springs
- Zipcode: 32433
- Subdivision: [no Recorded Subdiv]
- Elementary School: Maude Saunders
- Middle School: Walton
- High School: Walton
- Provided by: SVN Riviera Commercial
- DMCA Notice
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DescriptionIntroducing 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.
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- Marian Casteel, BrkrAssc,REALTOR ®
- Tropic Shores Realty
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- Mobile: 352.601.6367
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