Introducing Deerwood Apartments, an exceptional investment opportunity in the highly sought after NW Florida area. Nestled in the heart of Chipley, FL, this well maintained multi family property offers a total of 16 units on a picturesque tree lined parcel spanning over an acre. The configuration includes eight 1 BR/1 Bath units (550 sqft each) and eight spacious 2 BR/1 Bath units (850 sqft each). This 2 story building has undergone significant upgrades in the past year, including a brand new septic system, driveway, parking lot, laundry facility, and full exterior paint. Additionally, the roof was replaced in 2019. 8 units have been tastefully refreshed with new paint, flooring, and fixtures, while the other 8 have fully remodeled ensuring a turnkey investment with no detail overlooked. Residents will appreciate the prime location with easy access to I 10 and the vibrant amenities Chipley has to offer, including shopping, dining, and ample job opportunities. Deerwood Apartments is a stellar choice for investors seeking a property that truly stands out in a high demand area. Don't miss your chance to own this charming community schedule a viewing today!