Welcome to The Grove Townhome Apartments
An established, B-Class 44-unit townhome community in Marianna, FL—delivering strong, reliable in-place cash flow with multiple avenues for growth in a high-demand rental market.
Meet the Team & Tour the Property
Book a quick chat anytime via Calendly, or join us on site October 28th, 1–3 PM for tours and unit previews. Please RSVP to let us know if you’ll be joining us.
https://calendly.com/j2porterteam
Key Property Highlights:
4.43 acres with flexible R-3 zoning
A well-balanced mix of 2BR and 3BR townhomes, many already modernized through recent renovations
100% occupancy, with units leasing in as little as one week
Over $800,000 invested in substantial property upgrades and renovations
2026 NOI projected to climb by $63,819 (17.5%)
Clear upside: converting MTM tenants to market rates and upgrading 7 more units to 3BR layouts, capturing proven rent premiums
Zoning capacity for up to 70 units, creating a compelling development angle for future expansion
Prime Location & Market Drivers:
Just minutes from I-10 and major employment centers including Family Dollar Distribution, Jackson Hospital, and Chipola College
Ideally positioned to meet Marianna’s growing workforce housing needs
Strong fundamentals: projected 28% job growth and sustained demand for affordable 3BR rentals under $1,500
Investment Potential:
With durable in-place cash flow, tangible NOI growth on the horizon, and additional value creation opportunities through unit conversions and development, The Grove represents a rare opportunity to own a stabilized yet growth-ready asset in a strengthening rental market.
Detailed Financials Available:
Comprehensive financials—including CapEx history, T12, rent rolls, and income statements—are available upon request with a signed NDA.
Happy to answer any questions!! Let’s chat soon at your convenience about 3034 Jefferson!!
https://calendly.com/j2porterteam