851 Maple Street Unit 8 Chattahoochee, FL 32324

RARE INVESTMENT OPPORTUNITY 851 Maple St is a rare investment opportunity for investors looking for long term cash flow and stability, with additional re-development potential. As it sits, this asset is comprised of two quadplexes on 3.84 acres. Each two story detached structure contains 4 2 bedro...om 1.5 bath units. With this asset being located in close proximity to both River Junction Correctional Facility and the Florida State Hospital, this makes for a high demand affordable housing solution for the hundreds of employees at the combined institutions. With the average Median Income per household of Chattahoochee being $54,375 and the per capita at $14,700, this will be an affordable option for the vast majority of the population as well, at the current market/active rents of $975 per unit. This property was acquired by the current owner in 2023 and was appraised at $610,000.00 before the interior renovations of all of the units. This is a turnkey investment opportunity with strong past, present, and future value rents. Continue reading