1218 N 20Th St
defuniak springs, FL 32433$2,050,000
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Investment Opportunity: 16-Unit Portfolio in DeFuniak Springs, Florida.
Pleased to present a remarkable investment opportunity, featuring a well-maintained portfolio of 16 units. This offering includes six duplexes, each with 2 bedrooms and 1 bathroom, encompassing 878 square feet, and one quadplex, with each unit featuring 2 bedrooms and 1 bathroom at 752 square feet. Priced at $2,050,000, this property promises exceptional investment potential.
The current owner is motivated to sell as he plans to develop a new apartment complex on his adjacent land. To facilitate a smooth transaction, he is open to offering attractive financing terms:
Down Payment: 30%
Interest Rate: 9%
Amortization: Over 30 years with a balloon payment due in 10 years.
The property currently generates
Details
2.16 Private Acres Exterior Space
Commercial
MLS/Listing ID 956528
Listing Courtesy of ERA AMERICAN REAL ESTATE, KEITH WOOD - 850-200-2039
Source of Data: EMERALD COAST ASSOCIATION OF REALTORS