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125 N Davis Ln
Defuniak Springs, FL 32433
Riviera Place Apartments · Multifamily Property For Sale
·
55 Units
Investment Highlights
- 7.26% Entry Cap Rate at asking price
- Get in on the ground floor of Defuniak Springs with this stabilized asset!
- Rent growth of $100-$200 per unit
Property Facts
| No. Units | 55 | Building Size | 42,000 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1984 |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Lot Size | 3.40 AC | ||
| Zoning | R-2 - Multifamily Residential | ||
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.40 AC |
| Building Size | 42,000 SF |
| Average Occupancy | 89% |
| No. Stories | 1 |
| Year Built | 1984 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R-2 - Multifamily Residential |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Security System
- Refrigerator
- Oven
- Smoke Free
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Trash Pickup - Curbside
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 650 |
| 2+1 | 29 | - | 750 |
| 3+1 | 14 | - | 825 |
Property Taxes
| Parcel Number | 25-3N-19-19070-001-536A | Improvements Assessment | $4,499,121 |
| Land Assessment | $0 | Total Assessment | $4,499,121 |
Property Taxes
Parcel Number
25-3N-19-19070-001-536A
Land Assessment
$0
Improvements Assessment
$4,499,121
Total Assessment
$4,499,121
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