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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)
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