Average square foot calculated using Size range provided by listing agent.
Description
3034 Jefferson Street is a stabilized, B Class 44-unit townhome community in Marianna, FL, delivering strong in-place cash flow with current annual rent of $557, 091 and NOI of $362, 784. Set on 4.43 acres with R-3 zoning, it offers a mix of 2BR and 3BR townhomes—many recently renovated. Occupancy is 100%, with units renting quickly, often within a week. Upside includes converting remaining MTM tenants to market rate and upgrading 7 more units to 3BRs for proven rent premiums. Zoning allows up to 70 units, supporting future development. Minutes from I-10 and major employers such as Family Dollar, Jackson Hospital, and Chipola College, the property benefits from Marianna's projected 28% job growth and strong demand for 3BR rentals under $1, 500, ensuring durable income and long-term appreciation potential.Show Description
MLS® Number1054166
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Ensuite LaundryNo
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Approx. Age2000
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