3034 Jefferson StreetMarianna, FL 32446
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Welcome to The Grove Townhome Apartments, an established 44-unit B-Class community in Marianna, FL, offering strong in-place cash flow and multiple growth paths in a high-demand rental market. Highlights: ✅ 100% occupancy—units lease within a week ✅ $800K+ invested in recent renovations ✅ Projected NOI: $362,785 (2025) → $426,603 (2026) → $466,807 (2027) ✅ Zoning for up to 70 units (16 units/acre) ✅ 17.5% NOI growth projected for 2026 ✅ Clear upside via unit conversions, market rent adjustments & expansion potential ✅ Cost segregation benefits projected at $893,296+ (report included in OM)
| a month ago | Price changed to $5,200,000 | |
| a month ago | Listing updated with changes from the MLS® | |
| 4 months ago | Listing first seen on site |
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