872 Deerwood Lane, Chipley 32428 (Active)
Listing Information
Property Type: Commercial Sale |
MLS #: | 956089 | Price: | $1,800,000.00 | Year Built: | 1982 | Square Feet: | 10658 | Bedrooms: | Not available | Bathrooms: | Not available |
HOA Fees: | Not available | Lot Size: | 1.27 acres | Lot Dimensions: | Not available |
Subdivision: Not available
Description:
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
Photos
Features
Not availableCommercial Features
Income-Producing Property Type: Multi-Family | Multi-Family Year Built: 1982 | Multi-Family Building Square Footage: 10658 | Multi-Family Number of Units: 16 |
Multi-Family Vacancy Rate: 0 | Multi-Family Cap Rate: 6 | ||
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This listing provided courtesy of Luxe Coastal Realty.
This information was last updated on 3/11/2025 3:03:46 AM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.