Warren & Company is pleased to offer Perry Apartments Village, a 40-unit community in the heart of downtown Perry, Florida. Built in 1977, the community provides stable workforce housing with immediate access to US-19/98, Perry’s primary commercial corridor. At a $4.5M price, a 7.76% going-in cap rate, the property delivers strong cash flow immediately. Lender underwriting indicates favorable financing, including potential 2 yr to 5yr interest-only, supporting cash-on-cash returns well above 14% with a comfortable DCR over 1.5. Call for details. PROPERTY PROFILE 3-acres offering privacy and quiet surroundings 40 units across eight (8) two-story buildings 42,745 rentable SF UNIT MIX A mix of 1BR, 2BR, and 3BR units broadens tenant demand supporting strong occupancy. 4 × 1BR / 1BA 31 × 2BR / 1BA 5 × 3BR / 2BA Features and amenities include an on-site office, laundry facility, secure mail center, picnic area, and ample parking. Units have direct entry with private patios or balconies. All roofs were replaced in Q4 2024. Located in an Opportunity Zone.