Investor Opportunity in the Heart of Callahan! Fully leased and consistently occupied, this 7-unit apartment complex offers immediate income and long-term investment potential in a growing area of North Florida. The property features a mix of one and two bedroom units with a strong rental history and steady occupancy. Recent improvements include a new roof, and the property has been maintained as needed. Situated on an oversized lot and may offer future expansion or development opportunities, subject to buyer verification with the Town of Callahan. The property located near local shopping, dining, and schools with a short drive to the airport, beach, and Kings Bay. This is an excellent opportunity for investors seeking a stabilized, income-producing asset with potential upside. Buyer to verify all zoning, development, and expansion possibilities. Note: professional photos coming soon.
Callahan is located in Florida. Callahan, Florida has a population of 1,637. Callahan is less family-centric than the surrounding county with 26.34% of the households containing married families with children. The county average for households married with children is 26.76%.
The median household income in Callahan, Florida is $67,000. The median household income for the surrounding county is $77,504 compared to the national median of $69,021. The median age of people living in Callahan is 38.1 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 41.5 degrees. The average rainfall is approximately 50.4 inches per year, with 0 inches of snow per year.
